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Five-Unit Apartment Building
For Sale
$299,999

1311 MYRTLE Avenue, El Paso, TX 79901

Commercial Sale, El Paso, TX

Property SizeContact for details
Lot Size0.14 Acres
Days on Market140

Property Features for 1311 MYRTLE Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C4
Fireplace 1
Subdivision Franklin Heights
Standard status Active
APN F60799903106100
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 31 FRANKLIN HEIGHTS 21 & 22 (6000.00 SQ FT)
Legal Description 31 FRANKLIN HEIGHTS 21 & 22 (6000.00 SQ FT)

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Evaporative Cooling

Building Details

Floors in Building 2
Building materials Stucco
Listing Agency: Cap Rate Real Estate Group
Listed By: Anibal Olague · License #0653430
Added: Apr 29 Changed: Sep 4 Last Checked: Sep 15 at 3:06PM
MLS# 943044

Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit apartment property at 1311 Myrtle Avenue includes one two-bedroom, one-bath residence and four one-bedroom, one-bath residences. The building is fully leased and has established tenants in place. The property occupies 0.14 acres and is constructed with stucco, with natural gas heating, evaporative cooling, a fireplace, and public sewer service.

Located in El Paso, Texas 79901, the property carries C4 zoning. Its unit mix provides a combination of two-bedroom and one-bedroom apartments within a compact multifamily asset.

Key Highlights

  • Five total apartments: one 2‑bedroom/1‑bath unit and four 1‑bedroom/1‑bath units
  • Fully leased with established tenants in place
  • C4 zoning

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Veterinary Clinic Garden Center (Bike/Boat/Book/etc) Store Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,106
Businesses Nearby

Demographics for 79901, TX

10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily property with established tenants and C4 zoning in El Paso.
Where is this apartment building located?
The property is located at 1311 MYRTLE Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Five total apartments: one 2‑bedroom/1‑bath unit and four 1‑bedroom/1‑bath units; Fully leased with established tenants in place; C4 zoning
More about this property
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