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8-Unit Apartment Building
For Sale
$389,000

404 & 406 French Place, El Paso, TX 79905

Commercial Sale, El Paso, TX

Property SizeContact for details
Lot Size0.17 Acres
Days on Market105

Property Features for 404 & 406 French Place

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5
Parking features On Street
Fireplace 1
Subdivision Kyle
Standard status Active
APN K98299900205500/K98299900206100
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 2 Kyle Lot 10 /2 Kyle Lot 11
Legal Description 2 Kyle Lot 10 /2 Kyle Lot 11

Utilities

Sewer type Public Sewer
Heating system Wall Furnace, Central, Forced Air
Cooling system Evaporative Cooling, Multi Units

Building Details

Floors in Building 1
Additional Structures Storage
Listing Agency: The Real Estate Power Houses
Listed By: Liliana Quevedo Sutcliffe
Added: Jul 8 Changed: Oct 17 Last Checked: Oct 20 at 9:06AM
MLS# 947239

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.

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Investment Insights

Based on property information with market context.

This multifamily property comprises 8 units across two parcels at 404 & 406 French Place. The property is 100% occupied by long-term tenants and includes central heating, wall furnaces, forced air, multi-unit cooling, and evaporative cooling. A fireplace is also present, with on-street parking available.

The property sits on 0.17 acres in El Paso’s Lower Valley, near schools, shopping, restaurants, parks, and major thoroughfares. Both parcels are to be sold together. The property is zoned R5 and served by public sewer.

Key Highlights

  • 8‑unit multifamily property with 100% occupancy
  • Long‑term tenants in place
  • Two parcels at 404 & 406 French Place sold together

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

615
Businesses Nearby

Demographics for 79905, TX

22,483
Population
9,168
Households
2.5
Avg Household Size
39
Median Age
10%
College-Educated
58%
High-School Grad
6.6 sq mi
ZIP Area
3,407
Density / Sq Mi
$25,496
Median Household Income
$21,636
Median Earnings
$646
Median Rent
$103,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - R5-zoned multifamily property with full occupancy, long-term tenants, and public sewer service.
Where is this apartment building located?
The property is located at 404 & 406 French Place El Paso, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 8‑unit multifamily property with 100% occupancy; Long‑term tenants in place; Two parcels at 404 & 406 French Place sold together
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