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Central El Paso Duplex Opportunity

3402-3400 Nashville Avenue El Paso, TX 79930

3402-3400 Nashville Avenue, El Paso, TX, 79930
$225,000
For Sale
$225,000

MULTI_FAMILY - Other - El Paso, TX

Property Size1,475 SF
Lot Size0.14 Acres
Price / SF$152.54
Days on Market74

Property Features for 3402-3400 Nashville Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1
Window features
Blinds
Interior features
Cable TV
Appliances
Free-Standing Electric Oven
Standard status
Active
APN
A52099905207700
Size
1,475 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
52 ALTURA PARK 47 & 48 (6000.00 SQ FT)
Tax Annual Amount
3679

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Evaporative Cooling

Building Details

Year built
1951
Floors in Building
1
Flooring type
Laminate, Tile
Building materials
Stucco
Roof type
Flat
Architectural style
Other
Listing Agency Realty One Group Mendez Burk
5925 Silver Springs Suite A, El Paso, TX
Listed by Bina Kimasi · License #786238
Added: May 5 Checked: Jul 17 at 5:06 pm
MLS# 943466 Listing URL

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.

Located in the established Central El Paso area, this duplex presents an opportunity for investors and owner-occupants. The property, being sold as one, includes both units, each with separate entrances, situated on a low-maintenance lot. The location offers proximity to schools and shopping, with quick access to major streets. The duplex features two separate units, suitable for generating dual rental income or for living in one unit while renting out the other. The surrounding neighborhood consists primarily of residential properties, including both single-family and multi-family homes. Positioned in the 79930 zip code, the property benefits from its proximity to key amenities and established neighborhoods. The property size is 1475 square feet and the lot size is 0.14 acres. The zoning is R4.

Key Highlights

  • Full duplex sold as one property with both units included
  • Separate entrances for each unit
  • Built in 1951 with stucco exterior and a flat roof

Local 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 $20.0k $13.56
− Vacancy −$950 −$0.64
EGI $19.1k $12.92
− OpEx −$5.7k −$3.87
NOI $13.3k $9.04
1,475 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$190.5K
$166.7K – $222.3K (±1% cap)
NOI $13,336 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$175.7K
$153.8K – $205.0K (±1% cap)
NOI $12,300 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$370.0K
$323.8K – $431.7K (±1% cap)
NOI $25,903 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Pharmacy Accounting Firm Grocery & Convenience Store Cafe & Coffee Shop HVAC Service Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex in central El Paso, ideal for investors/owner-occupants.
Where is this duplex located?
The property is located at 3402-3400 Nashville Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Full duplex sold as one property with both units included; Separate entrances for each unit; Built in 1951 with stucco exterior and a flat roof
Contact an agent
More about this property
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