Duplex with Two Detached
New
For Sale
$230,000
3734 SAVANNAH Avenue, El Paso, TX 79930
Residential Income, El Paso, TX
Property Size1,715 SF
Lot Size0.14 Acres
Price / SF$134.11
Days on Market4
Property Features for 3734 SAVANNAH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Parking
2
Appliances
Refrigerator, Range Hood, Free-Standing Gas Oven
Subdivision
Grandview
Elementary school
Cadwaller
Middle school
Captain Gabriel Navarrete Middle School
High school
Austin
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
G68699906300100
Size
1,715 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
63 GRANDVIEW 1 & 2 (6500 SQ FT)
Tax Annual Amount
5152
Legal Description
63 GRANDVIEW 1 & 2 (6500 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas, Wall Furnace, Forced Air
Cooling system
Central Air, Evaporative Cooling, Ceiling Fan(s)
Amenities
Washer/Dryer Hookups
Building Details
Year built
1945
Number of units
2
Flooring type
Laminate, Vinyl, Carpet, Tile
Building materials
Frame, Stucco
Roof type
Shingle
Listing Agency:
Thalia and Company Realty
Listed By:
Thalia Badillo · License #0429545
(915) 328-7272
Added: Sep 29
Changed: Oct 1
Last Checked: Oct 2 at 3:06AM
MLS# 951987
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 duplex property contains two single-story homes with a combined 1,715 square feet on a 0.14-acre lot. The front residence has three bedrooms, one full bathroom, a living room, a separate dining area, and washer/dryer hookups. The rear home includes two bedrooms, one bathroom, and a living room. R1 zoning is listed for the property.
The homes are near a park and schools, with access to Fort Bliss and US-54. Building details include frame and stucco construction, a shingle roof, and public sewer service. Appliances include a refrigerator, range hood, and freestanding gas oven.
The homes are near a park and schools, with access to Fort Bliss and US-54. Building details include frame and stucco construction, a shingle roof, and public sewer service. Appliances include a refrigerator, range hood, and freestanding gas oven.
Key Highlights
- Two single‑story homes on one 0.14‑acre property
- Combined building area of 1,715 square feet
- Front home: 3 bedrooms, 1 full bathroom, separate dining area, and washer/dryer hookups
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,506
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,120
$310.1K
Cap Rate 7%
$221,514
$221.5K
Cap Rate 9%
$172,289
$172.3K
Market Conditions
NOI Build-Up for 1,715 SF
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.
Gross rent
$23.3K $13.56/SF
− Vacancy
−$1.1K −$0.64/SF
EGI
$22.2K $12.92/SF
− OpEx
−$6.6K −$3.87/SF
NOI
$15.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,120
Cap Rate 7%
$221,514
Cap Rate 9%
$172,289
Alternative Uses
Best Use
Multifamily LT 5
$221.5K
$193.8K – $258.4K
NOI $15,506 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$204.3K
$178.8K – $238.4K
NOI $14,302 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$430.3K
$376.5K – $502.0K
NOI $30,118 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
Explore this area
Business Placement
Demographics for 79930, TX
24,553
Population
11,729
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
75%
High-School Grad
7.5 sq mi
ZIP Area
3,274
Density / Sq Mi
$41,826
Median Household Income
$24,903
Median Earnings
$909
Median Rent
$124,000
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
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Frequently Asked Questions
What type of property is this?
Duplex - The two single-story residences provide separate living areas and distinct bedroom-and-bathroom layouts.
Where is this duplex located?
The property is located at 3734 SAVANNAH Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two single‑story homes on one 0.14‑acre property; Combined building area of 1,715 square feet; Front home: 3 bedrooms, 1 full bathroom, separate dining area, and washer/dryer hookups
