Duplex with Corner Lot
2701 San Diego Avenue El Paso, TX 79930
For Sale
$335,000
Two fully rented units with washer/dryer, updated finishes, and a large corner-lot yard.
Property Size2,116 SF
Price / SF$158.32
Days on Market105
Property Features for 2701 San Diego Avenue
General Information
- Standard status
- Active
- Size
- 2,116 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1930
Listing Agency:
eXp Realty LLC
(253) 576-5402
Listed By:
Lynn Westbrook · License #0637280
Source:
Compass
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 21 at 3:10PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This charming duplex includes two fully rented units. One unit offers two bedrooms and one full bathroom with a living, dining, and kitchen layout. The second unit offers three bedrooms and one bathroom with a living, dining, and kitchen layout. Both units have washer and dryer hookups, and the property features a full-size basement with substantial storage. The home also includes fresh paint and updates including new cabinets, new tile, new lighting, and new HVAC. Hardwood floors are noted, and a large garage is located in the back and is described as unattached.
Set on a corner lot, the property provides a large yard and a view of the city from the front. It is positioned near Memorial Park and Five Points, offering convenient access to the surrounding area.
Additional operational details include that tenants are responsible for utilities.
Set on a corner lot, the property provides a large yard and a view of the city from the front. It is positioned near Memorial Park and Five Points, offering convenient access to the surrounding area.
Additional operational details include that tenants are responsible for utilities.
Key Highlights
- Duplex built in 1930 with two fully rented units
- Unit mix: one 2‑bedroom/1‑bath and one 3‑bedroom/1‑bath (both include living, dining, and kitchen)
- Washer and dryer included in both units
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 | $28.7k | $13.56 |
| − Vacancy | −$1.4k | −$0.64 |
| EGI | $27.3k | $12.92 |
| − OpEx | −$8.2k | −$3.87 |
| NOI | $19.1k | $9.04 |
2,116 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$273.3K
$239.1K – $318.9K
NOI $19,131 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$252.1K
$220.6K – $294.1K
NOI $17,646 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$530.9K
$464.5K – $619.3K
NOI $37,160 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two fully rented units with washer/dryer, updated finishes, and a large corner-lot yard.
Where is this duplex located?
The property is located at 2701 San Diego Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Duplex built in 1930 with two fully rented units; Unit mix: one 2‑bedroom/1‑bath and one 3‑bedroom/1‑bath (both include living, dining, and kitchen); Washer and dryer included in both units
