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Multifamily Complex with Commercial Units

3530 Pera Avenue El Paso, TX 79905

3530 Pera Avenue, El Paso, TX, 79905
$650,000
For Sale
Claim this Listing
$650,000

COMMERCIAL - El Paso, TX

Lot Size0.16 Acres
AddedMar 10, 2025
Days on Market494
Last RefreshJul 16 at 2:06 am

Property Features for 3530 Pera Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
A3
Fireplace
1
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)

Utilities

Heating system
Central
Cooling system
Evaporative Cooling

Building Details

Floors in Building
2

Listing agent Luis Manuel Portugal

Listing office Keller Williams Realty 12040 Tierra Este suite B206, El Paso, TX

Listing date Mar 10, 2025

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 in El Paso, Texas, presents an investment opportunity with 10 residential and 2 commercial units. Located in the Empowerment Zone, the property benefits from accessibility to Ciudad Juarez, indicating high demand and growth potential. Eighty percent of the units have been remodeled, offering updated living spaces for tenants. The commercial units provide additional revenue streams, contributing to a 7.04% CAP rate. The property is located on a lot of 0.16 acres.

Key Highlights

  • High Income Potential: Multifamily complex with 10 residential and 2 commercial units.
  • Strong Return on Investment: Boasts a 7.04% CAP rate.
  • Remodeled Units: 80% of residential units are updated.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Travel Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Acupuncture Skin Care Clinic

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

FAQs

What type of property is this?
Apartment building - Multifamily complex with commercial units in El Paso, TX.
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: High Income Potential: Multifamily complex with 10 residential and 2 commercial units.; Strong Return on Investment: Boasts a 7.04% CAP rate.; Remodeled Units: 80% of residential units are updated.
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