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    Four-Unit Quadplex Investment Title is generated by Realmo AI

    4330 Tularosa Avenue, El Paso, TX 79903

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    Claim this Listing
    Pending
    $490,000

    MULTI_FAMILY - El Paso, TX

    Property size:
    3,416 SF
    Lot size:
    0.24 Acres
    Added:
    Nov 30, 2025
    Days on Market:
    194
    Last Refresh:
    Jun 12 at 10:06 am

    Property Features for 4330 Tularosa Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Parking features
    On Street
    Standard status
    Pending
    APN
    F71699902309900
    Size
    3,416 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    23 FRENCH 30 TO 32
    Tax Annual Amount
    8251

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Wall Furnace
    Cooling system
    Evaporative Cooling

    Building Details

    Year built
    1951
    Number of units
    4
    Flooring type
    Laminate
    Building materials
    Stucco
    Roof type
    Flat

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    Listing Contact
    Brenda Ivonne Marquez

    Listing agent Brenda Ivonne Marquez License #0823215

    Listing office The WAR Team 4707 Montana Ave Ste 203, El Paso, TX

    Listing date Nov 30, 2025

    MLS# 934652 Listing URL

    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.

    HighLights

    • Quadruplex with 4 units: 1 unit currently operating as an Airbnb and 3 units leased to tenants
    • Year built 1951 with stucco construction and flat roof
    • Heating includes heat pump and wall furnace; cooling is provided by evaporative cooling
    • Laminate flooring throughout
    • Public sewer; parking available on street

    Overview

    This four-unit quadplex offers a straightforward income-oriented setup with four well-maintained units. One unit is currently operating as a short-term rental, while the remaining three units are leased. Each unit is described as having a comfortable, livable interior that tenants value.

    Located in Central El Paso, the property is positioned near UMC Hospital, a community park, and multiple shopping centers. Access is supported by nearby connections to I-10 and US-54, while the address is described as being within a quiet, established neighborhood. The property sits on a 0.24-acre lot.

    For investors or buyers seeking a small multi-family asset with existing occupancy, this quadplex presents a turnkey configuration featuring both long-term and short-term rental use. With three units already leased and one unit already operating as a short-term rental, the property may appeal to buyers looking to diversify how units generate rental income. Zoning is listed as R5.

    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 $46.3k $13.56
    − Vacancy −$2.2k −$0.64
    EGI $44.1k $12.92
    − OpEx −$13.2k −$3.87
    NOI $30.9k $9.04
    3,416 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $441.2K
    $386.1K – $514.8K (±1% cap)
    NOI $30,885 @ 7.0% cap · market cap 6.30%
    Second Best
    Apartment 5plus
    $406.9K
    $356.1K – $474.8K (±1% cap)
    NOI $28,486 @ 7.0% cap · market cap 5.81%
    Theoretical Best
    Office A
    $857.0K
    $749.9K – $999.8K (±1% cap)
    NOI $59,990 @ 7.0% cap · market cap 12.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.43923
    Latitude
    31.782306

    FAQs

    What type of property is this?
    Quadplex - Quadplex with four leased units, including one operating as a short-term rental, with convenient access to major roadways.
    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 $490,000.
    What are key features of this property?
    This property features: Quadruplex with 4 units: 1 unit currently operating as an Airbnb and 3 units leased to tenants; Year built 1951 with stucco construction and flat roof; Heating includes heat pump and wall furnace; cooling is provided by evaporative cooling
    More about this property
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