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5-Unit Apartment Property

4424 Hueco Avenue, El Paso, TX 79930

For Sale
$439,950

Residential Income, El Paso, TX

Property Size2,795 SF
Lot Size0.16 Acres
Price / SF$157.41
Days on Market52

Property Features for 4424 Hueco Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning M3
Parking features Assigned
Appliances Refrigerator, Microwave, Free-Standing Gas Oven
Subdivision Government Hill
Elementary school Coldwell
Middle school Armendariz
High school Austin
Elementary school district El Paso
Middle school district El Paso
High school district El Paso
Standard status Active
APN G56999909305500
Size 2,795 SF
Lot size 0.16 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description 93 GOVERNMENT HILL 19 & 20 (7000 SQ FT)
Tax Annual Amount 6188
Legal Description 93 GOVERNMENT HILL 19 & 20 (7000 SQ FT)

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Multi Units

Amenities

kitchen appliances
mini-split systems
washer hookups

Building Details

Year built 1929
Floors in Building 2
Number of units 5
Flooring type Tile, Vinyl
Building materials Stucco
Roof type Shingle, Tile
Additional Structures Residence
Buildings 2
Listing Agency: Keller Williams Realty
Listed By: Stephanie Alvarez
Added: Sep 24 Changed: Oct 28 Last Checked: Nov 14 at 12:06AM
MLS# 951817

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.

Rey
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Investment Insights

Based on property information with market context.

The property includes a four-unit main building and a separate rear apartment, totaling five residential spaces. The buildings contain 2,795 square feet on a 0.16-acre lot. Built in 1929, the main structure has a former multifamily configuration. Interior features include kitchen appliances, mini-split systems, vinyl and tile flooring, and washer hookups in two units. Stucco exterior construction and assigned parking are also present.

Located in El Paso, the property is near Loretto Academy and has access to US-54. The spaces are tenant occupied, and the solar panels are paid off. Public sewer and natural gas availability are listed for the property.

Key Highlights

  • Four units in the main building plus a separate rear apartment
  • 2,795 square feet on a 0.16‑acre lot
  • Built in 1929; stucco construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,308
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,160 $466.2K
Cap Rate 7%
$332,971 $333.0K
Cap Rate 9%
$258,978 $259.0K
Market Conditions
NOI Build-Up for 2,795 SF
Gross rent
$44.6K $15.96/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$42.4K $15.16/SF
− OpEx
−$19.1K −$6.82/SF
NOI
$23.3K $8.34/SF
Area
El Paso, TX
Vacancy
5.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,160
Cap Rate 7%
$332,971
Cap Rate 9%
$258,978

Alternative Uses

Best Use
Apartment 5plus
$333.0K
$291.4K – $388.5K (±1% cap)
NOI $23,308 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$701.2K
$613.6K – $818.1K (±1% cap)
NOI $49,084 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

Demographics for 79930, TX

24,553
Population
11,729
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
75%
High-School Grad
7.5 sq mi
ZIP Area
3,274
Density / Sq Mi
$41,826
Median Household Income
$24,903
Median Earnings
$909
Median Rent
$124,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in El Paso, TX

$191 Jul
$153 Aug
$162 Sep
$175 Oct

Properties on Market for Apartment buildings in El Paso

Jul
Aug
Sep
Oct

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 - Tenant occupancy and paid-off solar panels add operating context to this residential property.
Where is this apartment building located?
The property is located at 4424 Hueco Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $439,950.
What are key features of this property?
This property features: Four units in the main building plus a separate rear apartment; 2,795 square feet on a 0.16‑acre lot; Built in 1929; stucco construction
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