4-Unit Quadplex with Laminate
New
For Sale
$240,000
2812 PORTER Avenue, El Paso, TX 79930
Residential Income, El Paso, TX
Property Size1,703 SF
Lot Size0.10 Acres
Price / SF$140.93
Days on Market6
Property Features for 2812 PORTER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
A1
Appliances
Water Heater, Refrigerator, Free-Standing Gas Oven, Exhaust Fan
Subdivision
Grandview
Elementary school
Clendenin
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
G686999000G7900
Size
1,703 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
G GRANDVIEW 27 & E 1/2 OF 28 (4500 SQ FT)
Tax Annual Amount
5859
Legal Description
G GRANDVIEW 27 & E 1/2 OF 28 (4500 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Multi Units, Ceiling Fan(s)
Building Details
Year built
1955
Number of units
4
Flooring type
Laminate, Tile
Building materials
Stucco
Roof type
Flat, Rolled Hot Mop
Listing Agency:
Home Pros Real Estate Group
(915) 585-8806
Listed By:
Marizabel Z Serrano
(915) 444-2822
Added: Oct 8
Last Checked: Oct 13 at 12:06PM
MLS# 952522
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.
Investment Insights
Based on property information with market context.
This four-unit property contains 1,703 square feet on a 0.1-acre lot and was built in 1955. Interior finishes include laminate and tile flooring; the building also has forced-air heating, multiple cooling units, and ceiling fans. Construction is stucco, with a flat, rolled hot-mop roof. The property is served by public sewer and has A1 zoning.
US-54 and I-10 provide access from the property. Fort Bliss, UMC, and Texas Tech Health Sciences Center are among the destinations identified nearby. The property is in El Paso.
US-54 and I-10 provide access from the property. Fort Bliss, UMC, and Texas Tech Health Sciences Center are among the destinations identified nearby. The property is in El Paso.
Key Highlights
- Four‑unit property with 1,703 square feet of building area
- 0.1‑acre lot
- Built in 1955
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
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Current Use
Location Intelligence
Trade Area within ½ mile
368
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
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Frequently Asked Questions
What type of property is this?
Quadplex - The four-unit residential property includes tile and laminate flooring, forced-air heat, and multiple cooling units.
Where is this quadplex located?
The property is located at 2812 PORTER Avenue 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 property with 1,703 square feet of building area; 0.1‑acre lot; Built in 1955
