Occupied Duplex Investment
3484 Dana Grey Drive El Paso, TX 79938
New
For Sale
$475,000
MULTI_FAMILY - El Paso, TX
Property Size2,820 SF
Lot Size0.25 Acres
Price / SF$168.44
Days on Market3
Property Features for 3484 Dana Grey Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R5
- Parking features
- On Street, Guest
- Appliances
- Washer, Range Hood, Microwave, Gas Cooktop, Free-Standing Gas Oven, Disposal, Dishwasher
- Standard status
- Active
- APN
- 677387
- Size
- 2,820 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Tierra del Este #77 Block 477 Lot 2
- Tax Annual Amount
- 9951
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 2018
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Stucco
- Roof type
- Tile, Flat
Listing Agency:
Hiett & Associatees
(915) 760-4533
Listed By:
Guillermo Ricardo Sotomayor
(915) 929-4765
Added: Jul 22
Changed: Jul 24
Last Checked: Jul 24 at 9:06PM
MLS# 948175
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 occupied duplex investment property includes two residential units: one 4-bedroom, 2-bath unit and one 2-bedroom, 2-bath unit. The interiors feature durable finishes, and the units include a full-size washer and dryer as part of the appliance package. Outside, the property offers low-maintenance yard features including turf patches in back yards and xeriscape throughout. The duplex is described as well maintained and approximately 8 years old.
The property is listed under R5 zoning and is being marketed as part of a portfolio of 6 duplexes, totaling 12 units. Appointment is required before showing, and qualified buyers only will be permitted.
With its existing occupancy and unit configuration, this property is presented as an easily managed rental asset for investors seeking a maintained duplex with in-unit laundry.
The property is listed under R5 zoning and is being marketed as part of a portfolio of 6 duplexes, totaling 12 units. Appointment is required before showing, and qualified buyers only will be permitted.
With its existing occupancy and unit configuration, this property is presented as an easily managed rental asset for investors seeking a maintained duplex with in-unit laundry.
Key Highlights
- 2018‑built occupied duplex with 2 units: one 4 bed/2 bath and one 2 bed/2 bath
- Durable stucco construction with ceramic tile flooring
- Central heating and cooling with ceiling fans
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 | $51.4k | $18.24 |
| − Vacancy | −$2.2k | −$0.80 |
| EGI | $49.2k | $17.44 |
| − OpEx | −$14.8k | −$5.23 |
| NOI | $34.4k | $12.21 |
2,820 SF · lease $18.24/SF/yr · vacancy 4.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$491.9K
$430.4K – $573.9K
NOI $34,432 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$438.8K
$384.0K – $512.0K
NOI $30,718 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$707.5K
$619.0K – $825.4K
NOI $49,523 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newer, well-maintained duplex with a 4-bed and a 2-bed unit, both equipped with washer/dryer.
Where is this duplex located?
The property is located at 3484 Dana Grey Drive El Paso, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2018‑built occupied duplex with 2 units: one 4 bed/2 bath and one 2 bed/2 bath; Durable stucco construction with ceramic tile flooring; Central heating and cooling with ceiling fans
