Duplex with Private
New
For Sale
$245,000
3807 OLYMPIC Avenue, El Paso, TX 79904
Residential Income, El Paso, TX
Property Size1,791 SF
Lot Size0.20 Acres
Price / SF$136.80
Days on Market3
Property Features for 3807 OLYMPIC Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Subdivision
Sunrise Acres
Elementary school
Park
Middle school
Canyonh
High school
Capt J L Chapin High
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
S922999003B3000
Size
1,791 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SUNRISE ACRES #3 W 70 FT OF E 130 FT OF 23 (8820 SQ FT)
Tax Annual Amount
4966
Legal Description
SUNRISE ACRES #3 W 70 FT OF E 130 FT OF 23 (8820 SQ FT)
Utilities
Heating system
Central
Amenities
refrigerated air
Building Details
Year built
1979
Number of units
2
Listing Agency:
Panda Pal Property Management
(915) 538-2452
Listed By:
Andrew Davis · License #0695301
(915) 519-4775
Added: Oct 5
Last Checked: Oct 7 at 9:06AM
MLS# 952271
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 1,791-square-foot duplex contains two apartments, each configured with two bedrooms and one bathroom. The property has refrigerated air, separate utility meters, individual parking spaces, and a backyard for each apartment. One unit is vacant; the other is tenant occupied.
The building was constructed in 1979 on a 0.2-acre lot at 3807 Olympic Avenue in El Paso. Zoning is R2.
The building was constructed in 1979 on a 0.2-acre lot at 3807 Olympic Avenue in El Paso. Zoning is R2.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- 1,791 square feet on a 0.2‑acre lot
- Refrigerated air and separately metered utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,193
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,860
$323.9K
Cap Rate 7%
$231,329
$231.3K
Cap Rate 9%
$179,922
$179.9K
Market Conditions
NOI Build-Up for 1,791 SF
Gross rent
$24.3K $13.56/SF
− Vacancy
−$1.2K −$0.64/SF
EGI
$23.1K $12.92/SF
− OpEx
−$6.9K −$3.87/SF
NOI
$16.2K $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%
$323,860
Cap Rate 7%
$231,329
Cap Rate 9%
$179,922
Alternative Uses
Best Use
Multifamily LT 5
$231.3K
$202.4K – $269.9K
NOI $16,193 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$213.4K
$186.7K – $248.9K
NOI $14,935 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$449.3K
$393.2K – $524.2K
NOI $31,452 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 79904, TX
31,491
Population
13,571
Households
2.3
Avg Household Size
33
Median Age
14%
College-Educated
78%
High-School Grad
12.0 sq mi
ZIP Area
2,624
Density / Sq Mi
$40,892
Median Household Income
$28,775
Median Earnings
$1,017
Median Rent
$117,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both apartments have separate utility meters, and each includes two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 3807 OLYMPIC Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 1,791 square feet on a 0.2‑acre lot; Refrigerated air and separately metered utilities
