Quadplex with Four Detached
151 N Pendell Road El Paso, TX 79905
For Sale
$415,000
MULTI_FAMILY - El Paso, TX
Property Size3,274 SF
Lot Size0.57 Acres
Price / SF$126.76
Days on Market143
Property Features for 151 N Pendell Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- R1
- Appliances
- Washer Hookup, Free-Standing Gas Oven
- Standard status
- Active
- APN
- 357322
- Size
- 3,274 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- C COLLINGSWORTH N 86.17 FT OF 6 (24620.11 SQ FT)
- Tax Annual Amount
- 10834
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Evaporative Cooling, Window Unit(s)
Building Details
- Year built
- 1949
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Adobe
- Roof type
- Shingle, Flat
- Additional Structures
- Packing Shed
Listing Agency:
Home Pros Real Estate Group
(915) 585-8806
Listed By:
Varonica Christina Alexander · License #0747574
(915) 226-9868
Added: Mar 6
Changed: Jul 18
Last Checked: Jul 27 at 8:06AM
MLS# 939505
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 quadplex property includes four stand-alone, one-story detached units. Building #1 is 720 square feet, Building #2 is 1,080 square feet, Building #3 is 720 square feet, and Building #4 is 754 square feet. The property is offered for sale as a single package, with a total property size of 3,274 square feet on a 0.57-acre lot.
The listing notes the units are near Texas Tech and close to I-10. Zoning is identified as R1.
Showing arrangements are coordinated through the listing agent via Showingtime. Interested parties can schedule an appointment to review the property in person.
The listing notes the units are near Texas Tech and close to I-10. Zoning is identified as R1.
Showing arrangements are coordinated through the listing agent via Showingtime. Interested parties can schedule an appointment to review the property in person.
Key Highlights
- Multi‑family property with 4 detached, one‑story buildings
- Building sizes include 720 SF, 1080 SF, 720 SF, and 754 SF
- Construction includes adobe; flooring is tile
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.4k | $13.56 |
| − Vacancy | −$2.1k | −$0.64 |
| EGI | $42.3k | $12.92 |
| − OpEx | −$12.7k | −$3.87 |
| NOI | $29.6k | $9.04 |
3,274 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$422.9K
$370.0K – $493.4K
NOI $29,601 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$390.0K
$341.3K – $455.0K
NOI $27,302 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$821.4K
$718.7K – $958.3K
NOI $57,496 @ 7.0% cap · market cap 13.85%
Zoning and permitted uses should be independently verified with local authorities.
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FAQs
What type of property is this?
Quadplex - For sale quadplex featuring four one-story detached buildings totaling 3,274 square feet on an R1-zoned lot.
Where is this quadplex located?
The property is located at 151 N Pendell Road El Paso, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Multi‑family property with 4 detached, one‑story buildings; Building sizes include 720 SF, 1080 SF, 720 SF, and 754 SF; Construction includes adobe; flooring is tile
