3-Unit Triplex
3530 TULAROSA Avenue, El Paso, TX 79903
For Sale
$250,000
Residential Income, El Paso, TX
Property Size1,860 SF
Lot Size0.12 Acres
Price / SF$134.41
Days on Market59
Property Features for 3530 TULAROSA Avenue
General Information
Property type
Property subtype
Zoning
Parking features
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Rodeo Realty
Listed By:
Elena Mata
(915) 892-8269
Added: Sep 16
Changed: Oct 28
Last Checked: Nov 13 at 11:06PM
MLS# 951366
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.
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Investment Insights
Based on property information with market context.
This 1916-built triplex contains 3 separate units within 1,860 square feet on a 0.12-acre parcel. The property features stucco construction, ceramic tile flooring, central heating, evaporative cooling, and a combination flat and shingle roof. On-street parking is provided, while water heaters and refrigerators are included. Public sewer serves the property.
Zoned R5, the property is positioned in El Paso near Downtown, UTEP, the medical center, I-10, employment areas, educational institutions, healthcare services, shopping, and entertainment. Its three-unit configuration and existing residential improvements support continued multifamily use.
Zoned R5, the property is positioned in El Paso near Downtown, UTEP, the medical center, I-10, employment areas, educational institutions, healthcare services, shopping, and entertainment. Its three-unit configuration and existing residential improvements support continued multifamily use.
Key Highlights
- 3 separate residential units
- 1,860 square feet on a 0.12‑acre lot
- R5 zoning
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
Who owns this building?
See the owner, sales and loan history
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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
$118,300
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in El Paso, TX
Properties on Market for Triplexes in El Paso
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - R5-zoned multifamily property with three separate units and central heating and cooling.
Where is this triplex located?
The property is located at 3530 TULAROSA Avenue 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: 3 separate residential units; 1,860 square feet on a 0.12‑acre lot; R5 zoning
