Remodeled Duplex with Individually Metered
4500 ARLEN Avenue El Paso, TX 79904
New
For Sale
$325,000
MULTI_FAMILY - El Paso, TX
Property Size1,700 SF
Lot Size0.16 Acres
Price / SF$191.18
Days on Market5
Property Features for 4500 ARLEN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- M3
- Parking
- 2
- Appliances
- Washer Hookup, Refrigerator, Microwave, Free-Standing Gas Oven, Dishwasher
- Standard status
- Active
- APN
- D36199900402700
- Size
- 1,700 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 4 DEL NORTE ACRES W 65 FT OF N 104 FT OF 3 (6760.00 SQ FT)
- Tax Annual Amount
- 5085
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1980
- Number of units
- 2
- Flooring type
- Laminate, Tile
- Building materials
- Stucco
- Roof type
- Composition, Shingle
Listing Agency:
Home Pros Real Estate Group
(915) 585-8806
Listed By:
Paul Glenn Smith · License #0699641
(915) 780-8566
Added: Jul 20
Changed: Jul 22
Last Checked: Jul 24 at 3:06PM
MLS# 947958
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 fully remodeled duplex offers two separate, individually metered units, with each side featuring 2 bedrooms and 1 bathroom. The interiors include modern kitchen and living areas, and the renovations extend to refrigerated air and a stainless-steel appliance package in the kitchen. Both units have been updated with new, renovated living space and are being sold together.
Located in Northeast El Paso near Fort Bliss, the property provides quick access to I-10 and US-54, with shopping, dining, and entertainment options nearby. The area also includes nearby family parks and multiple school choices.
The duplex is currently vacant, giving the buyer flexibility to set the rental rates. Zoning is listed as M3, and the lot size is noted at 0.16 acres.
Located in Northeast El Paso near Fort Bliss, the property provides quick access to I-10 and US-54, with shopping, dining, and entertainment options nearby. The area also includes nearby family parks and multiple school choices.
The duplex is currently vacant, giving the buyer flexibility to set the rental rates. Zoning is listed as M3, and the lot size is noted at 0.16 acres.
Key Highlights
- Fully remodeled duplex in northeast El Paso with 2 bed / 1 bath per unit
- Each unit offers 850 SF of living space with modern kitchen and living areas
- Refrigerated air and stainless‑steel appliance package included in each unit
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 | $23.1k | $13.56 |
| − Vacancy | −$1.1k | −$0.64 |
| EGI | $22.0k | $12.92 |
| − OpEx | −$6.6k | −$3.87 |
| NOI | $15.4k | $9.04 |
1,700 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$219.6K
$192.1K – $256.2K
NOI $15,370 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$202.5K
$177.2K – $236.3K
NOI $14,176 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$426.5K
$373.2K – $497.6K
NOI $29,854 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully remodeled duplex with two 2-bedroom, 1-bath units, each with modern kitchen, refrigerated air, and stainless-steel appliances.
Where is this duplex located?
The property is located at 4500 ARLEN Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Fully remodeled duplex in northeast El Paso with 2 bed / 1 bath per unit; Each unit offers 850 SF of living space with modern kitchen and living areas; Refrigerated air and stainless‑steel appliance package included in each unit
