Quadplex Income
3724 KELTNER Avenue El Paso, TX 79904
3724 KELTNER Avenue, El Paso, TX, 79904
$469,900
For Sale
$469,900
MULTI_FAMILY - El Paso, TX
Property Size3,869 SF
Lot Size0.20 Acres
Price / SF$121.45
Days on Market50
Property Features for 3724 KELTNER Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- A2
- Appliances
- Refrigerator, Microwave, Disposal, Dishwasher
- Standard status
- Active
- APN
- L447999073A0900
- Size
- 3,869 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 73-A LOGAN HEIGHTS NW 1/4 OF 1 EXC N 25 FT (8820 SQ FT)
- Tax Annual Amount
- 12700
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
Building Details
- Year built
- 2021
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Shingle
Listing agency
Camacho Real Estate
(915) 629-0017
Listed by
Veronica Ortiz
(915) 494-1013
Added: Jun 2 Updated: Jul 18 at 10:04AM Checked: Jul 21 at 1:06PM
MLS# 945111
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 for-sale quadplex features four units, each with two bedrooms and one bathroom. Interiors are described as open and spacious, with stainless steel appliances, granite countertops, and refrigerated air to support comfortable day-to-day living. Three units are currently rented, and one unit is vacant and available for showings, allowing buyers to evaluate finishes and layout in person.
The property sits on a 0.2-acre lot and is zoned A2. It is located in El Paso, TX 79904.
With three units already producing rental income and a fourth available for immediate viewing, this asset may appeal to investors seeking a small multifamily structure with straightforward unit mix. The consistent two-bedroom, one-bath configuration across all units can also simplify operations for an owner-operator or a portfolio buyer looking for a dependable income stream.
The property sits on a 0.2-acre lot and is zoned A2. It is located in El Paso, TX 79904.
With three units already producing rental income and a fourth available for immediate viewing, this asset may appeal to investors seeking a small multifamily structure with straightforward unit mix. The consistent two-bedroom, one-bath configuration across all units can also simplify operations for an owner-operator or a portfolio buyer looking for a dependable income stream.
Key Highlights
- Quaduplex built in 2021 with four units, each featuring 2 bedrooms and 1 bathroom
- Open floor plan in all units with stainless steel appliances, granite countertops, and refrigerated air
- Three units currently rented; one vacant unit available for showings
Local Financial Insights For Multifamily LT 5
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 | $52.5k | $13.56 |
| − Vacancy | −$2.5k | −$0.64 |
| EGI | $50.0k | $12.92 |
| − OpEx | −$15.0k | −$3.87 |
| NOI | $35.0k | $9.04 |
3,869 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$499.7K
$437.3K – $583.0K
NOI $34,980 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$460.9K
$403.3K – $537.7K
NOI $32,264 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$970.6K
$849.3K – $1.13M
NOI $67,945 @ 7.0% cap · market cap 14.46%
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?
Quadplex - Four well-appointed units offer strong rental potential, with three currently occupied and one available for showings.
Where is this quadplex located?
The property is located at 3724 KELTNER Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Quaduplex built in 2021 with four units, each featuring 2 bedrooms and 1 bathroom; Open floor plan in all units with stainless steel appliances, granite countertops, and refrigerated air; Three units currently rented; one vacant unit available for showings
