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Two-Unit Duplex with Long-Term Tenancy
For Sale
$239,000

2627 Gold Avenue, El Paso, TX 79930

Residential Income, El Paso, TX

Property Size1,556 SF
Lot Size0.14 Acres
Price / SF$153.60
Days on Market50

Property Features for 2627 Gold Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R1
Parking features Assigned
Appliances Washer, Range Hood, Gas Water Heater, Dryer, Disposal
Subdivision Highland Park
Elementary school Crockett
Middle school Captain Gabriel Navarrete Middle School
High school Austin
Elementary school district El Paso
Middle school district El Paso
High school district El Paso
Standard status Active
APN H45399906501700
Size 1,556 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 65 HIGLAND PARK 6&7 (6000 SQFT)
Tax Annual Amount 5617
Legal Description 65 HIGLAND PARK 6&7 (6000 SQFT)

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Evaporative Cooling

Building Details

Year built 1989
Number of units 2
Flooring type Tile
Building materials Stucco
Roof type Shingle
Listing Agency: The Right Move Real Estate Gro
Listed By: Denise Caballero · License #0575362
Added: Aug 28 Changed: Aug 30 Last Checked: Oct 16 at 12:06PM
MLS# 950150

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 fully occupied duplex at 2627 Gold Avenue contains 1,556 square feet on a 0.14-acre lot. Both units offer 2 bedrooms, 1 bathroom, a full kitchen, living room, and dining area. The property was built in 1989 and features stucco construction, tile flooring, central heating, evaporative cooling, and a shingle roof. Appliances include washers, dryers, range hoods, gas water heaters, and disposals.

Tenant occupancy includes one resident with more than 20 years at the property and another who has lived there for two years. Assigned parking and public sewer service are provided. The property is zoned R1 and located in El Paso, Texas, within ZIP code 79930.

Key Highlights

  • Fully occupied duplex with 2 units
  • Each unit includes 2 bedrooms, 1 bathroom, kitchen, living room, and dining area
  • 1556 square feet on a 0.14‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,068
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,360 $281.4K
Cap Rate 7%
$200,971 $201.0K
Cap Rate 9%
$156,311 $156.3K
Market Conditions
NOI Build-Up for 1,556 SF
Gross rent
$21.1K $13.56/SF
− Vacancy
−$1.0K −$0.64/SF
EGI
$20.1K $12.92/SF
− OpEx
−$6.0K −$3.87/SF
NOI
$14.1K $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%
$281,360
Cap Rate 7%
$200,971
Cap Rate 9%
$156,311

Alternative Uses

Best Use
Multifamily LT 5
$201.0K
$175.9K – $234.5K (±1% cap)
NOI $14,068 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$185.4K
$162.2K – $216.3K (±1% cap)
NOI $12,976 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$390.4K
$341.6K – $455.4K (±1% cap)
NOI $27,326 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Food Market Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

824
Businesses Nearby

Demographics for 79930, TX

24,553
Population
11,729
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
75%
High-School Grad
7.5 sq mi
ZIP Area
3,274
Density / Sq Mi
$41,826
Median Household Income
$24,903
Median Earnings
$909
Median Rent
$124,000
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex with two-bedroom units, individual kitchens, assigned parking, and established tenant occupancy.
Where is this duplex located?
The property is located at 2627 Gold Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Fully occupied duplex with 2 units; Each unit includes 2 bedrooms, 1 bathroom, kitchen, living room, and dining area; 1556 square feet on a 0.14‑acre lot
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