Updated
For Sale
$309,500
1615 N Campbell St, El Paso, TX 79902
Both residences have refreshed plumbing, electrical systems, windows, kitchens, and bathrooms.
Property Size1,200 SF
Price / SF$257.92
Days on Market10
Property Features for 1615 N Campbell St
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1923
Listing Agency:
Keller Williams Realty
Listed By:
ClearView Realty
(915) 855-1110
Source:
Clearviewep
Added: Oct 9
Changed: Oct 16
Last Checked: Oct 16 at 9:21AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This duplex at 1615 N Campbell St in El Paso was built in 1923. Improvements span both units, including plumbing, electrical systems, flooring, windows, kitchens, and bathrooms. The two residences are being offered together.
The property is in the Alexander subdivision, near UTEP, Kern Place, and local hospitals.
The property is in the Alexander subdivision, near UTEP, Kern Place, and local hospitals.
Key Highlights
- Two‑unit duplex offered as a single sale
- Both units have updated plumbing and electrical systems
- Improvements include flooring, windows, kitchens, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,849
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,980
$217.0K
Cap Rate 7%
$154,986
$155.0K
Cap Rate 9%
$120,544
$120.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$16.3K $13.56/SF
− Vacancy
−$773 −$0.64/SF
EGI
$15.5K $12.92/SF
− OpEx
−$4.6K −$3.87/SF
NOI
$10.8K $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%
$216,980
Cap Rate 7%
$154,986
Cap Rate 9%
$120,544
Alternative Uses
Best Use
Multifamily LT 5
$155.0K
$135.6K – $180.8K
NOI $10,849 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$143.0K
$125.1K – $166.8K
NOI $10,007 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$301.1K
$263.4K – $351.2K
NOI $21,074 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,260
Businesses Nearby
Explore this area
Business Placement
Demographics for 79902, TX
20,071
Population
9,752
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
6.5 sq mi
ZIP Area
3,088
Density / Sq Mi
$45,333
Median Household Income
$33,495
Median Earnings
$777
Median Rent
$223,300
Median Home Value
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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?
Duplex - Both residences have refreshed plumbing, electrical systems, windows, kitchens, and bathrooms.
Where is this duplex located?
The property is located at 1615 N Campbell St El Paso, TX.
What is the asking price?
The asking price for this property is $309,500.
What are key features of this property?
This property features: Two‑unit duplex offered as a single sale; Both units have updated plumbing and electrical systems; Improvements include flooring, windows, kitchens, and bathrooms
