3-Unit
For Sale
$250,000
3530 Tularosa Ave, El Paso, TX 79903
Three residential units are positioned near Downtown, UTEP, the medical center, and I-10.
Property Size1,860 SF
Price / SF$134.41
Days on Market29
Property Features for 3530 Tularosa Ave
General Information
Standard status
Active
Size
1,860 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,192
Listing Agency:
Rodeo Realty
Listed By:
Elena Mata
(915) 892-8269
Source:
Exprealty
Added: Sep 17
Changed: Oct 11
Last Checked: Oct 12 at 11:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rodeo Realty
Investment Insights
Based on property information with market context.
This triplex contains three separate residential units within a total of 1,860 square feet. The multi-unit property is located in El Paso, near Downtown, UTEP, the medical center, and I-10.
Key Highlights
- Three separate residential units
- 1,860 square feet total
- Near Downtown, UTEP, the medical center, and I‑10
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,817
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,340
$336.3K
Cap Rate 7%
$240,243
$240.2K
Cap Rate 9%
$186,856
$186.9K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$25.2K $13.56/SF
− Vacancy
−$1.2K −$0.64/SF
EGI
$24.0K $12.92/SF
− OpEx
−$7.2K −$3.87/SF
NOI
$16.8K $9.04/SF
Area
El Paso, TX
Vacancy
4.75%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,340
Cap Rate 7%
$240,243
Cap Rate 9%
$186,856
Alternative Uses
Best Use
Multifamily LT 5
$240.2K
$210.2K – $280.3K
NOI $16,817 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$221.6K
$193.9K – $258.5K
NOI $15,511 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$466.6K
$408.3K – $544.4K
NOI $32,664 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
Explore this area
Business Placement
Demographics for 79903, TX
16,425
Population
6,708
Households
2.4
Avg Household Size
44
Median Age
16%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
5,475
Density / Sq Mi
$38,294
Median Household Income
$24,288
Median Earnings
$883
Median Rent
$118,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units are positioned near Downtown, UTEP, the medical center, and I-10.
Where is this triplex located?
The property is located at 3530 Tularosa Ave El Paso, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three separate residential units; 1,860 square feet total; Near Downtown, UTEP, the medical center, and I‑10
