Duplex with Mini-Split
New
For Sale
$145,000
2225 MAGOFFIN Avenue, El Paso, TX 79901
Residential Income, El Paso, TX
Property Size1,013 SF
Lot Size0.07 Acres
Price / SF$143.14
Days on Market3
Property Features for 2225 MAGOFFIN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
A1
Parking features
On Street
Appliances
Refrigerator, Free-Standing Electric Oven
Subdivision
Bassett
Elementary school
Douglass
Middle school
Guillen
High school
Bowie
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
134444
Size
1,013 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
34 BASSETT LOT 29
Tax Annual Amount
4243
Legal Description
34 BASSETT LOT 29
Utilities
Sewer type
Public Sewer
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Building materials
Stucco
Roof type
Flat
Listing Agency:
Sandra Luna & Associates
(915) 592-5862
Listed By:
Sandra Luna
(915) 494-5862
Added: Oct 27
Last Checked: Oct 29 at 5:06AM
MLS# 953482
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.
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Investment Insights
Based on property information with market context.
This 1930-built duplex contains two units within 1,013 square feet on a 0.07-acre lot. The interiors have an open-plan layout, and the property has stucco construction, a flat roof that has been resealed, and refreshed exterior paint. Mini-split systems serve the building. Appliances include a refrigerator and a freestanding electric oven.
Located at 2225 Magoffin Avenue in El Paso, the property is near the Bridge of the Americas. Parking is on street, and the property is connected to public sewer. The zoning designation is A1.
Located at 2225 Magoffin Avenue in El Paso, the property is near the Bridge of the Americas. Parking is on street, and the property is connected to public sewer. The zoning designation is A1.
Key Highlights
- Two‑unit duplex with 1,013 square feet of property area
- 0.07‑acre lot in El Paso, near the Bridge of the Americas
- 1930 construction with stucco exterior and flat roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,159
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,180
$183.2K
Cap Rate 7%
$130,843
$130.8K
Cap Rate 9%
$101,767
$101.8K
Market Conditions
NOI Build-Up for 1,013 SF
Gross rent
$13.7K $13.56/SF
− Vacancy
−$652 −$0.64/SF
EGI
$13.1K $12.92/SF
− OpEx
−$3.9K −$3.87/SF
NOI
$9.2K $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%
$183,180
Cap Rate 7%
$130,843
Cap Rate 9%
$101,767
Alternative Uses
Best Use
Multifamily LT 5
$130.8K
$114.5K – $152.7K
NOI $9,159 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$120.7K
$105.6K – $140.8K
NOI $8,448 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$254.1K
$222.4K – $296.5K
NOI $17,790 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,605
Businesses Nearby
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Business Placement
Demographics for 79901, TX
10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature an open-plan layout, updated exterior paint, a resealed roof, and mini-split heating and cooling.
Where is this duplex located?
The property is located at 2225 MAGOFFIN Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,013 square feet of property area; 0.07‑acre lot in El Paso, near the Bridge of the Americas; 1930 construction with stucco exterior and flat roof
