Two-Unit Duplex with Separate
New
For Sale
$200,000
2905 JEFFERSON Avenue, El Paso, TX 79930
Residential, El Paso, TX
Property Size1,505 SF
Lot Size0.07 Acres
Price / SF$132.89
Days on Market4
Property Features for 2905 JEFFERSON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
Fencing
Fenced
Appliances
Free-Standing Gas Oven, Gas Water Heater, Range Hood
Subdivision
Summit Place
Lot features
Standard Lot, Subdivided
Elementary school
Clendenin
Middle school
Bassett
High school
Austin
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
S80499900306700
Size
1,505 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
3 SUMMIT PLACE E 59.5 FT OF 33 & 34 (3046 SF)
Tax Annual Amount
4345
Legal Description
3 SUMMIT PLACE E 59.5 FT OF 33 & 34 (3046 SF)
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Evaporative Cooling
Building Details
Year built
1981
Floors in Building
1
Flooring type
Tile
Building materials
Stone, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Better Homes and Gardens Real Estate Elevate
(915) 225-2266
Listed By:
Jacqueline M Ramsey
(915) 494-0968
Added: Oct 7
Last Checked: Oct 10 at 9:06AM
MLS# 952444
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 R4-zoned duplex contains two 2-bedroom, 1-bath units within 1,505 square feet on a 0.07-acre lot. Built in 1981, the property has tile flooring, stone and stucco exterior finishes, forced-air natural gas heating, and evaporative cooling. A gas oven, range hood, and gas water heater are included. The building is being sold as-is.
The property is in El Paso, with access to Five Points and I-10. Public sewer serves the site. Each unit is currently rented, and electric, gas, and water are separately metered, with tenants paying those utility costs.
The property is in El Paso, with access to Five Points and I-10. Public sewer serves the site. Each unit is currently rented, and electric, gas, and water are separately metered, with tenants paying those utility costs.
Key Highlights
- Two units, each with 2 bedrooms and 1 bath
- 1,505 square feet on a 0.07‑acre lot
- R4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,607
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,140
$272.1K
Cap Rate 7%
$194,386
$194.4K
Cap Rate 9%
$151,189
$151.2K
Market Conditions
NOI Build-Up for 1,505 SF
Gross rent
$20.4K $13.56/SF
− Vacancy
−$969 −$0.64/SF
EGI
$19.4K $12.92/SF
− OpEx
−$5.8K −$3.87/SF
NOI
$13.6K $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%
$272,140
Cap Rate 7%
$194,386
Cap Rate 9%
$151,189
Alternative Uses
Best Use
Multifamily LT 5
$194.4K
$170.1K – $226.8K
NOI $13,607 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$179.3K
$156.9K – $209.2K
NOI $12,550 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$377.6K
$330.4K – $440.5K
NOI $26,430 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
375
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are tenant-occupied, with residents responsible for individually metered utilities.
Where is this duplex located?
The property is located at 2905 JEFFERSON Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bath; 1,505 square feet on a 0.07‑acre lot; R4 zoning
