4-Unit
New
For Sale
$410,000
151 N Pendell Rd, El Paso, TX 79905
Four separate residences offer a two-bedroom, one-bathroom layout in each unit.
Property Size3,274 SF
Price / SF$125.23
Days on Market5
Property Features for 151 N Pendell Rd
General Information
Standard status
Active
Size
3,274 SF
Property subtype
Residential Income
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$10,892
Listing Agency:
Home Pros Real Estate Group
Listed By:
Varonica Christina Alexander · License #0747574
(915) 226-9868
Source:
Exprealty
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Pros Real Estate Group
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Investment Insights
Based on property information with market context.
This quadplex contains 4 stand-alone residential units, each configured with 2 bedrooms and 1 bathroom. The property totals 3,274 square feet, with a separate living space in each unit.
Key Highlights
- Four stand‑alone residential units
- Each unit has 2 bedrooms and 1 bathroom
- 3,274 square feet total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,601
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,020
$592.0K
Cap Rate 7%
$422,871
$422.9K
Cap Rate 9%
$328,900
$328.9K
Market Conditions
NOI Build-Up for 3,274 SF
Gross rent
$44.4K $13.56/SF
− Vacancy
−$2.1K −$0.64/SF
EGI
$42.3K $12.92/SF
− OpEx
−$12.7K −$3.87/SF
NOI
$29.6K $9.04/SF
Area
El Paso, TX
Vacancy
4.75%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,020
Cap Rate 7%
$422,871
Cap Rate 9%
$328,900
Alternative Uses
Best Use
Multifamily LT 5
$422.9K
$370.0K – $493.4K
NOI $29,601 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$390.0K
$341.3K – $455.0K
NOI $27,302 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$821.4K
$718.7K – $958.3K
NOI $57,496 @ 7.0% cap · market cap 14.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 79905, TX
22,483
Population
9,168
Households
2.5
Avg Household Size
39
Median Age
10%
College-Educated
58%
High-School Grad
6.6 sq mi
ZIP Area
3,407
Density / Sq Mi
$25,496
Median Household Income
$21,636
Median Earnings
$646
Median Rent
$103,900
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four separate residences offer a two-bedroom, one-bathroom layout in each unit.
Where is this quadplex located?
The property is located at 151 N Pendell Rd El Paso, TX.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Four stand‑alone residential units; Each unit has 2 bedrooms and 1 bathroom; 3,274 square feet total
