El Paso Multifamily
3701 Fred Wilson Avenue El Paso, TX 79904
3701 Fred Wilson Avenue, El Paso, TX, 79904
$550,000
Pending
For Sale
$550,000
Pending
COMMERCIAL - El Paso, TX
Property Size4,887 SF
Lot Size0.28 Acres
Days on Market74
Property Features for 3701 Fred Wilson Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- A2
- Parking
- 10
- Fireplace
- 1
- Standard status
- Pending
- APN
- L447999073A4100
- Size
- 4,887 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 73-A LOGAN HEIGHTS 5 TO 8 (12360 SQ FT)
- Tax Annual Amount
- 11026
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Evaporative Cooling
Building Details
- Floors in Building
- 1
- Building materials
- Brick
Listing Agency
eXp Realty LLC
(888) 519-7431
9600 Great HIlls Trl Ste 150w, Austin, TX
Listed by
Cassandra Rosales
(915) 204-2328
Added: May 5 Checked: Jul 17 at 6:06 pm
MLS# 943518
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 ten-unit multifamily property is located in the Logan Heights neighborhood of Northeast El Paso. Constructed of brick in the mid-century, the building spans approximately 4,887 square feet and is situated on a 0.28-acre lot. The property features ten one-bedroom units that have consistently demonstrated rental income. A new roof was installed in August 2023. The complex includes a central courtyard with a barbecue area, an on-site laundry facility, and off-street parking with nearly two spaces per unit. The location provides proximity to Fort Bliss and US-54. This property is intended for multifamily residential use.
Key Highlights
- Consistent rental income from ten 1‑bedroom units.
- Brand new roof installed in August 2023.
- Proximity to Fort Bliss and US‑54.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.0k | $15.96 |
| − Vacancy | −$3.9k | −$0.80 |
| EGI | $74.1k | $15.16 |
| − OpEx | −$33.3k | −$6.82 |
| NOI | $40.8k | $8.34 |
4,887 SF · lease $15.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$582.2K
$509.4K – $679.2K
NOI $40,753 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,822 @ 7.0% cap · market cap 15.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Ten-unit multifamily property in El Paso's Logan Heights.
Where is this apartment building located?
The property is located at 3701 Fred Wilson Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Consistent rental income from ten 1‑bedroom units.; Brand new roof installed in August 2023.; Proximity to Fort Bliss and US‑54.
