3803 Tyler Avenue El Paso, TX 79930
Quadplex in desirable location near hospitals and Fort Bliss.
Property Features for 3803 Tyler Avenue
General Information
- Standard status
- Active
- Size
- 2,125 SF
- Property subtype
- Multi-Family / Quadruplex
Building Details
- Year Built
- 1957
Listing office Cap Rate Real Estate Group (915) 443-8859
Listing date Feb 15, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Cap Rate Real Estate Group
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the desirable Morningside Heights neighborhood with a Walk Score of 74.
- Proximity to major locations: Fort Bliss, University Medical Center, and El Paso Children's Hospital.
- Turnkey quadplex with four 1‑bedroom, 1‑bathroom units in great condition.
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 | $28.8k | $13.56 |
| − Vacancy | −$1.4k | −$0.64 |
| EGI | $27.4k | $12.92 |
| − OpEx | −$8.2k | −$3.87 |
| NOI | $19.2k | $9.04 |
