Four-Unit Multifamily
New
For Sale
$410,000
151 N PENDELL Road, El Paso, TX 79905
Residential Income, El Paso, TX
Property Size3,274 SF
Lot Size0.57 Acres
Price / SF$125.23
Days on Market2
Property Features for 151 N PENDELL Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
A1
Parking
4
Parking features
Paved or Surfaced, Guest
Appliances
Free-Standing Gas Oven
Subdivision
Collingsworth
Elementary school
Cooley
Middle school
Dr. Josefina Villamil Tinajero
High school
Jefferson
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
C730999000C8500
Size
3,274 SF
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
C COLLINGSWORTH N 86.17 FT OF 6 (24620.11 SQ FT)
Tax Annual Amount
10892
Legal Description
C COLLINGSWORTH N 86.17 FT OF 6 (24620.11 SQ FT)
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Building Details
Year built
1954
Number of units
4
Flooring type
Carpet, Tile
Building materials
Adobe
Additional Structures
Kennel/Dog Run
Listing Agency:
Home Pros Real Estate Group
(915) 585-8806
Listed By:
Varonica Christina Alexander · License #0747574
(915) 226-9868
Added: Oct 13
Last Checked: Oct 14 at 7:06AM
MLS# 952796
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 multifamily property comprises four detached units, each with two bedrooms and one bathroom. The buildings total 3,274 square feet on a 0.57-acre parcel and were constructed in 1954. Adobe construction, carpet and tile flooring, and window-unit cooling are present. A free-standing gas oven is included, and the site has paved guest parking.
The property is served by public sewer and is zoned A1. Its four separate residences establish the property's physical configuration.
The property is served by public sewer and is zoned A1. Its four separate residences establish the property's physical configuration.
Key Highlights
- Four detached units, each with 2 bedrooms and 1 bathroom
- 3,274 square feet of building area on 0.57 acres
- Built in 1954 with adobe construction
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four detached residences provide a small-scale multifamily configuration with separate living spaces.
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 $410,000.
What are key features of this property?
This property features: Four detached units, each with 2 bedrooms and 1 bathroom; 3,274 square feet of building area on 0.57 acres; Built in 1954 with adobe construction
