Two-Unit Residential
For Sale
$239,000
2627 Gold Avenue #2, El Paso, TX 79930
Both residences are occupied and include separate kitchens, living rooms, and dining areas.
Property Size1,556 SF
Price / SF$153.60
Days on Market64
Property Features for 2627 Gold Avenue #2
General Information
Standard status
Active
Size
1,556 SF
Property subtype
Multi Family Home
Zoning
R1
Occupancy
100%
Site & Location
Neighborhood
El Paso Central Business Association
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,616
Building Details
Building Size
1,556 SF
Year Built
1989
Stories
1
Units
2
Listing Agency:
The Right Move Real Estate Gro
(915) 253-1966
Listed By:
Denise Caballero · License #0575362
(915) 342-8716
Source:
Elpasorealestateco
Added: Aug 28
Changed: Oct 25
Last Checked: Oct 29 at 8:24PM
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 The Right Move Real Estate Gro
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Investment Insights
Based on property information with market context.
Built in 1989, this 1,556-square-foot duplex contains two residences. Each has two bedrooms, one bathroom, a full kitchen, a living room, and a dining area. Both units are occupied, with one tenancy exceeding 20 years and the other in place for two years.
The property is located at 2627 Gold Avenue #2 in El Paso and is zoned R1.
The property is located at 2627 Gold Avenue #2 in El Paso and is zoned R1.
Key Highlights
- Two‑unit duplex with 1,556 square feet
- Each residence has 2 bedrooms and 1 bathroom
- Full kitchen, living room, and dining area in each unit
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
NOI $14,068 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$185.4K
$162.2K – $216.3K
NOI $12,976 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$390.4K
$341.6K – $455.4K
NOI $27,326 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
824
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and include separate kitchens, living rooms, and dining areas.
Where is this duplex located?
The property is located at 2627 Gold Avenue #2 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: Two‑unit duplex with 1,556 square feet; Each residence has 2 bedrooms and 1 bathroom; Full kitchen, living room, and dining area in each unit
