2-Unit Duplex with Flexible
For Sale
$208,770
Pending
2800 Nashville Ave, El Paso, TX 79930
Includes a studio and a one-bedroom living unit with separate bathrooms and a full kitchen in the studio.
Property Size1,027 SF
Days on Market54
Property Features for 2800 Nashville Ave
General Information
Standard status
Pending
Size
1,027 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x studio, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1930
Listing Agency:
Keller Williams Realty
Listed By:
ClearView Realty
(915) 855-1110
Source:
Clearviewep
Added: Aug 26
Changed: Oct 16
Last Checked: Oct 16 at 8:30AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 1,027-square-foot duplex, built in 1930, contains two distinct living units. One is a studio equipped with a full kitchen and bathroom; the other provides a one-bedroom, one-bath configuration with its own living area. The layout supports separate occupancy within a single residential property.
The duplex is located in Highland Park subdivision at 2800 Nashville Ave in El Paso. Furniture and furnishings may be negotiated separately with the sale.
The duplex is located in Highland Park subdivision at 2800 Nashville Ave in El Paso. Furniture and furnishings may be negotiated separately with the sale.
Key Highlights
- Two separate residential units within one duplex property
- Studio unit includes a full kitchen and bathroom
- Second unit offers 1 bedroom, 1 bath, and its own living accommodations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,285
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,700
$185.7K
Cap Rate 7%
$132,643
$132.6K
Cap Rate 9%
$103,167
$103.2K
Market Conditions
NOI Build-Up for 1,027 SF
Gross rent
$13.9K $13.56/SF
− Vacancy
−$661 −$0.64/SF
EGI
$13.3K $12.92/SF
− OpEx
−$4.0K −$3.87/SF
NOI
$9.3K $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%
$185,700
Cap Rate 7%
$132,643
Cap Rate 9%
$103,167
Alternative Uses
Best Use
Multifamily LT 5
$132.6K
$116.1K – $154.8K
NOI $9,285 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$122.3K
$107.1K – $142.7K
NOI $8,564 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$257.7K
$225.5K – $300.6K
NOI $18,036 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
364
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Includes a studio and a one-bedroom living unit with separate bathrooms and a full kitchen in the studio.
Where is this duplex located?
The property is located at 2800 Nashville Ave El Paso, TX.
What is the asking price?
The asking price for this property is $208,770.
What are key features of this property?
This property features: Two separate residential units within one duplex property; Studio unit includes a full kitchen and bathroom; Second unit offers 1 bedroom, 1 bath, and its own living accommodations
