Four-Unit
For Sale
$529,480
4330 Tularosa Avenue, El Paso, TX 79903
The property combines one short-term rental unit with three leased residences.
Property Size3,416 SF
Price / SF$155
Days on Market304
Property Features for 4330 Tularosa Avenue
General Information
Standard status
Active
Size
3,416 SF
Property subtype
Multi-Family / Quadruplex
Zoning
R5
Additional Details
Highway Access
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$8,251
Amenities
Yes
Laminate
See Remarks
.00
Flat
Building Details
Year Built
1951
Buildings
1
Listing Agency:
THE WILLIAMS ADVANCED REALTY TEAM (THE WAR TEAM)
(915) 251-8827
Listed By:
Brenda Ivonne Marquez · License #0823215
Source:
Compass
Added: Nov 2, 2025
Changed: Aug 31
Last Checked: Aug 31 at 2:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE WILLIAMS ADVANCED REALTY TEAM (THE WAR TEAM)
Investment Insights
Based on property information with market context.
This 3,416-square-foot quadplex contains four residential units and was built in 1951. One unit is operating as an Airbnb, while the other three are leased. The property is zoned R5 and includes laminate flooring and flat exterior construction.
Located at 4330 Tularosa Avenue in El Paso, the property is near UMC Hospital, a community park, and multiple shopping centers. I-10 and US-54 provide access to the surrounding area, with the property situated in an established neighborhood.
Located at 4330 Tularosa Avenue in El Paso, the property is near UMC Hospital, a community park, and multiple shopping centers. I-10 and US-54 provide access to the surrounding area, with the property situated in an established neighborhood.
Key Highlights
- Four residential units within 3,416 square feet
- One unit operating as an Airbnb; three units are leased
- R5 zoning
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
$30,885
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
5.83%
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%
$617,700
$617.7K
Cap Rate 7%
$441,214
$441.2K
Cap Rate 9%
$343,167
$343.2K
Market Conditions
NOI Build-Up for 3,416 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
$46.3K $13.56/SF
− Vacancy
−$2.2K −$0.64/SF
EGI
$44.1K $12.92/SF
− OpEx
−$13.2K −$3.87/SF
NOI
$30.9K $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%
$617,700
Cap Rate 7%
$441,214
Cap Rate 9%
$343,167
Alternative Uses
Best Use
Multifamily LT 5
$441.2K
$386.1K – $514.8K
NOI $30,885 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$406.9K
$356.1K – $474.8K
NOI $28,486 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$857.0K
$749.9K – $999.8K
NOI $59,990 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Explore this area
Business Placement
Demographics for 79903, TX
16,425
Population
6,708
Households
2.4
Avg Household Size
44
Median Age
16%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
5,475
Density / Sq Mi
$38,294
Median Household Income
$24,288
Median Earnings
$883
Median Rent
$118,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - The property combines one short-term rental unit with three leased residences.
Where is this quadplex located?
The property is located at 4330 Tularosa Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $529,480.
What are key features of this property?
This property features: Four residential units within 3,416 square feet; One unit operating as an Airbnb; three units are leased; R5 zoning
