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Mixed-Use Property with Apartments
For Sale
$650,000

3530 Pera Avenue, El Paso, TX 79905

Commercial Sale, El Paso, TX

Property SizeContact for details
Lot Size0.16 Acres
Days on Market550

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
Listed By: Luis Manuel Portugal · License #0645050
Added: Mar 10, 2025 Changed: Sep 3 Last Checked: Sep 10 at 7:06PM
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 mixed-use property contains 12 total units, including 10 residential units and 2 commercial units. Eighty percent of the units have been remodeled. The property is situated on a 0.16-acre lot and includes central heating, evaporative cooling, and a fireplace. Zoning is A3.

Located in El Paso’s Empowerment Zone, the property is positioned for access to and from Ciudad Juarez. The existing residential and commercial configuration creates a combination of occupancy types within one asset, while the reported 7.04% CAP rate provides an additional investment metric for evaluation.

Key Highlights

  • 10 residential units and 2 commercial units
  • 80% of units remodeled
  • Reported 7.04% CAP rate

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Travel Agency Grocery & Convenience Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

918
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Income-producing asset combining residential occupancy with two commercial spaces in an Empowerment Zone.
Where is this mixed-use property 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 and 2 commercial units; 80% of units remodeled; Reported 7.04% CAP rate
More about this property
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