El Paso Duplex Near
1813 & 1815 Alabama Street El Paso, TX 79930
1813 & 1815 Alabama Street, El Paso, TX, 79930
$185,000
Pending
For Sale
$185,000
Pending
MULTI_FAMILY - El Paso, TX
Property Size1,144 SF
Lot Size0.14 Acres
Days on Market243
Property Features for 1813 & 1815 Alabama Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Appliances
- Gas Water Heater
- Standard status
- Pending
- APN
- H45399907705100
- Size
- 1,144 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2202
- Tax Description
- Block 77 Highland Park Lot 17 & 18 (6000 Sq FT)
- Tax Annual Amount
- 4035
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Evaporative Cooling
Building Details
- Year built
- 1954
- Number of units
- 2
- Building materials
- Block
- Roof type
- Rolled Hot Mop, Flat
Listing Agency
Home Pros Real Estate Group
(915) 585-8806
1035 Belvidere St., Suite 200, el paso, TX
Listed by
George R Mena
(915) 474-4655
Added: Nov 17, 2025 Checked: Jul 18 at 5:06 am
MLS# 933980
Listing URL
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, located in El Paso, Texas, features a duplex at 1813 & 1815 Alabama Street. Each side of the duplex has 1 bedroom, 1 full bath, a living room, and a kitchen. The property is situated close to the 5 Points district. The lot size is 0.14 acres, and the property size is 1144 square feet. The zoning is R5. The tenant is responsible for paying for light and gas, while the owner covers water and trash expenses.
Key Highlights
- Duplex property offering potential rental income from two units.
- Each unit includes 1 bedroom, 1 full bath, living room, and kitchen.
- Conveniently located near the 5 Points district.
Local 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 | $15.5k | $13.56 |
| − Vacancy | −$737 | −$0.64 |
| EGI | $14.8k | $12.92 |
| − OpEx | −$4.4k | −$3.87 |
| NOI | $10.3k | $9.04 |
1,144 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$147.8K
$129.3K – $172.4K
NOI $10,343 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$136.3K
$119.3K – $159.0K
NOI $9,540 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$287.0K
$251.1K – $334.8K
NOI $20,090 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex near 5 Points district, each unit has 1BR/1BA.
Where is this duplex located?
The property is located at 1813 & 1815 Alabama Street El Paso, TX.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Duplex property offering potential rental income from two units.; Each unit includes 1 bedroom, 1 full bath, living room, and kitchen.; Conveniently located near the 5 Points district.
