7-Unit Apartment
2314 WYOMING Avenue, El Paso, TX 79903
For Sale
$435,000
Residential Income, El Paso, TX
Property Size3,400 SF
Lot Size0.09 Acres
Price / SF$127.94
Days on Market106
Property Features for 2314 WYOMING Avenue
General Information
Property type
Property subtype
Zoning
Parking features
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
ClearView Realty
(915) 855-1110
Listed By:
Randy Solis · License TX #799512038
(915) 667-6066
Added: Aug 1
Changed: Nov 5
Last Checked: Nov 14 at 12:06AM
MLS# 948681
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.
Seven units are arranged across a 3,400-square-foot property on a 0.09-acre lot: a three-bedroom main residence and six rental units. One remodeled unit is vacant. Built in 1927, the building has stucco construction, a shingle roof, heat-pump heating, multiple cooling units, and public sewer service. Parking is on the street.
The property is in El Paso, with Downtown, UTEP, and I-10 described as minutes away. Shopping, dining, hospitals, and entertainment are also identified nearby. Zoning is C4.
The property is in El Paso, with Downtown, UTEP, and I-10 described as minutes away. Shopping, dining, hospitals, and entertainment are also identified nearby. Zoning is C4.
Key Highlights
- Seven units: a three‑bedroom main residence plus six rental units
- 3,400 square feet on a 0.09‑acre lot
- One remodeled unit is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,353
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,060
$567.1K
Cap Rate 7%
$405,043
$405.0K
Cap Rate 9%
$315,033
$315.0K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$54.3K $15.96/SF
− Vacancy
−$2.7K −$0.80/SF
EGI
$51.6K $15.16/SF
− OpEx
−$23.2K −$6.82/SF
NOI
$28.4K $8.34/SF
Area
El Paso, TX
Vacancy
5.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,060
Cap Rate 7%
$405,043
Cap Rate 9%
$315,033
Alternative Uses
Best Use
Apartment 5plus
$405.0K
$354.4K – $472.6K
NOI $28,353 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$853.0K
$746.4K – $995.2K
NOI $59,709 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
7
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,070
Businesses Nearby
Explore this area
Business Placement
Demographics for 79903, TX
16,425
Population
6,708
Households
2.4
Avg Household Size
44
Median Age
16%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
5,475
Density / Sq Mi
$38,294
Median Household Income
$24,288
Median Earnings
$883
Median Rent
$118,300
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in El Paso, TX
Properties on Market for Apartment buildings in El Paso
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The property pairs a three-bedroom home with six rental units, including one remodeled unit that is vacant.
Where is this apartment building located?
The property is located at 2314 WYOMING Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Seven units: a three‑bedroom main residence plus six rental units; 3,400 square feet on a 0.09‑acre lot; One remodeled unit is vacant
