Two-Story Duplex
For Sale
$165,000
4723 Frankfort Ave, El Paso, TX 79903
Right-side residence with tile flooring, refrigerated air, a private backyard, and a one-car garage.
Property Size1,328 SF
Price / SF$124.25
Days on Market52
Property Features for 4723 Frankfort Ave
General Information
Standard status
Active
Size
1,328 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Site & Location
Neighborhood
Radford Hills Neighborhood Association
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Additional Details
Asking Price
$180,000
Amenities
private backyard
balcony
washer/dryer hookups
Building Details
Year Built
1978
Stories
2
Listing Agency:
Team Juan Uribe
Listed By:
ClearView Realty
(915) 855-1110
Source:
Clearviewep
Added: Sep 5
Changed: Oct 26
Last Checked: Oct 24 at 4:32PM
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 Team Juan Uribe
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Investment Insights
Based on property information with market context.
This right-side duplex residence at 4723 Frankfort Ave offers 1,328 square feet across two stories, with three bedrooms and two and a half baths. Built in 1978, the home features tile flooring throughout, refrigerated air, a private backyard, and a one-car garage. Washer and dryer connections are located downstairs, while an upstairs balcony provides views of the Franklin Mountains.
The property is in Central El Paso with access to shopping, dining, major roadways, and everyday services. The unit is available for individual purchase, and the adjoining duplex unit may also be acquired separately or considered together as a package.
The property is in Central El Paso with access to shopping, dining, major roadways, and everyday services. The unit is available for individual purchase, and the adjoining duplex unit may also be acquired separately or considered together as a package.
Key Highlights
- 1,328‑square‑foot, two‑story right‑side duplex unit
- Three bedrooms and 2.5 baths
- Tile flooring throughout and refrigerated air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,007
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,140
$240.1K
Cap Rate 7%
$171,529
$171.5K
Cap Rate 9%
$133,411
$133.4K
Market Conditions
NOI Build-Up for 1,328 SF
Gross rent
$18.0K $13.56/SF
− Vacancy
−$855 −$0.64/SF
EGI
$17.2K $12.92/SF
− OpEx
−$5.1K −$3.87/SF
NOI
$12.0K $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 Rate 5%
$240,140
Cap Rate 7%
$171,529
Cap Rate 9%
$133,411
Alternative Uses
Best Use
Multifamily LT 5
$171.5K
$150.1K – $200.1K
NOI $12,007 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$158.2K
$138.4K – $184.6K
NOI $11,074 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$333.2K
$291.5K – $388.7K
NOI $23,322 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Right-side residence with tile flooring, refrigerated air, a private backyard, and a one-car garage.
Where is this duplex located?
The property is located at 4723 Frankfort Ave El Paso, TX.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1,328‑square‑foot, two‑story right‑side duplex unit; Three bedrooms and 2.5 baths; Tile flooring throughout and refrigerated air
