Twelve-Unit Multifamily with
For Sale
$650,000
3530 Pera Avenue, El Paso, TX 79905
COMMERCIAL - El Paso, TX
Property SizeContact for details
Lot Size0.16 Acres
Days on Market542
Property Features for 3530 Pera Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
A3
Fireplace
1
Subdivision
East El Paso
Standard status
Active
APN
E01499900704100
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
7 EAST EL PASO 17 & 18 (7000 SQ FT)
Legal Description
7 EAST EL PASO 17 & 18 (7000 SQ FT)
Utilities
Heating system
Central
Cooling system
Evaporative Cooling
Building Details
Floors in Building
2
Listing Agency:
Keller Williams Realty
(915) 603-5293
Listed By:
Luis Manuel Portugal · License #0645050
(915) 892-1694
Added: Mar 10, 2025
Changed: Aug 4
Last Checked: Sep 2 at 11:06AM
MLS# 918623
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 multifamily complex includes 10 residential units and 2 commercial units, offering an on-site mix of income sources. Approximately 80% of the units have been remodeled, providing updated living spaces for residents. The property also includes central heating and evaporative cooling, and fireplaces are indicated as present.
The site sits on a 0.16-acre lot and is zoned A3. It is identified as being located in the Empowerment Zone, described as one of the most accessible areas to/from Ciudad Juarez.
With a stated cap rate of 7.04%, the property is presented as an income-focused opportunity that combines residential and commercial unit types in a single asset.
The site sits on a 0.16-acre lot and is zoned A3. It is identified as being located in the Empowerment Zone, described as one of the most accessible areas to/from Ciudad Juarez.
With a stated cap rate of 7.04%, the property is presented as an income-focused opportunity that combines residential and commercial unit types in a single asset.
Key Highlights
- 10 residential units plus 2 commercial units for a mixed‑income setup
- Approximately 80% of units remodeled
- Stated cap rate of 7.04%
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
Explore this area
Business Placement
Demographics for 79905, TX
22,483
Population
9,168
Households
2.5
Avg Household Size
39
Median Age
10%
College-Educated
58%
High-School Grad
6.6 sq mi
ZIP Area
3,407
Density / Sq Mi
$25,496
Median Household Income
$21,636
Median Earnings
$646
Median Rent
$103,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with central heating, evaporative cooling, and a mix of residential and commercial units.
Where is this apartment building located?
The property is located at 3530 Pera Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 10 residential units plus 2 commercial units for a mixed‑income setup; Approximately 80% of units remodeled; Stated cap rate of 7.04%
