Two-Story Duplex
New
For Sale
$180,000
4721 Frankfort Ave, El Paso, TX 79903
Left-side duplex residence with tile flooring, refrigerated air, a private backyard, and an upstairs balcony.
Property Size1,328 SF
Price / SF$135.54
Days on Market4
Property Features for 4721 Frankfort Ave
General Information
Standard status
Active
Size
1,328 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Parking per Unit
1
Additional Details
Asking Price
$180,000
Amenities
private backyard
washer/dryer hookups
balcony
Building Details
Year Built
1978
Stories
2
Listing Agency:
Home Pros Real Estate Group
Listed By:
ClearView Realty
(915) 855-1110
Source:
Clearviewep
Added: Sep 5
Changed: Sep 7
Last Checked: Sep 7 at 7:34AM
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 Home Pros Real Estate Group
Investment Insights
Based on property information with market context.
The left-side residence in a duplex offers 1,328 square feet across two stories, with three bedrooms and two and one-half bathrooms. Built in 1978, the home features tile flooring throughout, refrigerated air, a private backyard, and a one-car garage. Washer and dryer hookups are located downstairs, while the upstairs balcony provides views of the Franklin Mountains.
Located in El Paso, the property offers access to shopping, dining, major roadways, and everyday services. The unit is available for individual purchase, and the seller has additional properties available for buyers considering a multi-property acquisition.
Located in El Paso, the property offers access to shopping, dining, major roadways, and everyday services. The unit is available for individual purchase, and the seller has additional properties available for buyers considering a multi-property acquisition.
Key Highlights
- 1,328‑square‑foot, two‑story duplex unit
- Three bedrooms and 2.5 bathrooms
- Tile flooring throughout with refrigerated air
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
$11,074
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
6.15%
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%
$221,480
$221.5K
Cap Rate 7%
$158,200
$158.2K
Cap Rate 9%
$123,044
$123.0K
Market Conditions
NOI Build-Up for 1,328 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
$21.2K $15.96/SF
− Vacancy
−$1.1K −$0.80/SF
EGI
$20.1K $15.16/SF
− OpEx
−$9.1K −$6.82/SF
NOI
$11.1K $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 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%
$221,480
Cap Rate 7%
$158,200
Cap Rate 9%
$123,044
Alternative Uses
Best Use
Apartment 5plus
$158.2K
$138.4K – $184.6K
NOI $11,074 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.2K
$291.5K – $388.7K
NOI $23,322 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
227
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Left-side duplex residence with tile flooring, refrigerated air, a private backyard, and an upstairs balcony.
Where is this residential income property located?
The property is located at 4721 Frankfort Ave El Paso, TX.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1,328‑square‑foot, two‑story duplex unit; Three bedrooms and 2.5 bathrooms; Tile flooring throughout with refrigerated air
