4-Unit Quadplex with Refrigerated
For Sale
$240,000
2812 Porter Avenue #1 2 3 4, El Paso, TX 79930
All four residences have laminate flooring and refrigerated air conditioning.
Property Size1,703 SF
Price / SF$140.93
Days on Market19
Property Features for 2812 Porter Avenue #1 2 3 4
General Information
Standard status
Active
Size
1,703 SF
Property subtype
Multi Family Home
Zoning
A1
Additional Details
Highway Access
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,858
Amenities
laminate flooring
refrigerated AC
Building Details
Building Size
1,703 SF
Year Built
1955
Stories
1
Units
4
Listing Agency:
Home Pros Real Estate Group
(915) 585-8806
Listed By:
Marizabel Z Serrano
(915) 444-2822
Source:
Elpasorealestateco
Added: Oct 8
Changed: Oct 25
Last Checked: Oct 26 at 3:47AM
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 Home Pros Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential property in El Paso was built in 1955 and contains 1,703 SF. The interiors feature laminate flooring and refrigerated air conditioning, and the property is zoned A1.
US-54 and I-10 are close by, with Fort Bliss and UMC / Texas Tech Health Sciences Center among the nearby destinations. Five Points, Memorial Park, local restaurants, and schools are also in the surrounding area.
US-54 and I-10 are close by, with Fort Bliss and UMC / Texas Tech Health Sciences Center among the nearby destinations. Five Points, Memorial Park, local restaurants, and schools are also in the surrounding area.
Key Highlights
- Four‑unit residential property with 1,703 SF
- Refrigerated air conditioning in the residences
- Laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,397
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,940
$307.9K
Cap Rate 7%
$219,957
$220.0K
Cap Rate 9%
$171,078
$171.1K
Market Conditions
NOI Build-Up for 1,703 SF
Gross rent
$23.1K $13.56/SF
− Vacancy
−$1.1K −$0.64/SF
EGI
$22.0K $12.92/SF
− OpEx
−$6.6K −$3.87/SF
NOI
$15.4K $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%
$307,940
Cap Rate 7%
$219,957
Cap Rate 9%
$171,078
Alternative Uses
Best Use
Multifamily LT 5
$220.0K
$192.5K – $256.6K
NOI $15,397 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$202.9K
$177.5K – $236.7K
NOI $14,201 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$427.2K
$373.8K – $498.5K
NOI $29,907 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
133
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences have laminate flooring and refrigerated air conditioning.
Where is this quadplex located?
The property is located at 2812 Porter Avenue #1 2 3 4 El Paso, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Four‑unit residential property with 1,703 SF; Refrigerated air conditioning in the residences; Laminate flooring
