Search
Downtown El Paso Apartment Building
For Sale
$2,850,000

504 N OREGON Street, El Paso, TX 79901

COMMERCIAL - El Paso, TX

Property SizeContact for details
Lot Size0.11 Acres
Days on Market115

Property Features for 504 N OREGON Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C5
Parking features On Street
Fireplace 1
Subdivision Mills
Standard status Active
APN M47399902106600
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description 21 MILLS 16 & N 14 FT OF 17
Legal Description 21 MILLS 16 & N 14 FT OF 17

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Multi Units

Amenities

laundry room
kitchenettes

Building Details

Floors in Building 4
Building materials Brick Veneer
Listing Agency: R C Properties
Listed By: Michael Bray · License #0385615
Added: May 10 Changed: Aug 4 Last Checked: Sep 1 at 12:06PM
MLS# 943719

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.

Located in downtown El Paso, near West Star Plaza and University Park, this property is steps away from the Historic Plaza Theater, El Paso History Museum, and El Paso Public Library. Constructed in 1902, the building originally served as a 53-room residential hotel. In 1991, it was renovated into a 34-unit apartment building, featuring 22 one-bedroom apartments and 12 studio apartments. Five of the units are handicapped accessible. The building's amenities include a basement-level laundry room, an elevator, and fully equipped kitchenettes. The property is located close to bus and trolley lines. The lot size is 0.11 acres. The zoning is C5.

Key Highlights

  • Prime downtown El Paso location, near West Star Plaza, University Park, Plaza Theater, History Museum, and Public Library.
  • Renovated historic building (built in 1902) with unique character.
  • 34‑unit apartment building with a mix of one‑bedroom and studio apartments.

Property Analytics

Current Use

North Oregon Apts. Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Pet Store Butcher Locksmith Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34
Residential units

Location Intelligence

Trade Area within ½ mile

4,215
Businesses Nearby

Demographics for 79901, TX

10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 34-unit apartment building in the heart of downtown El Paso.
Where is this apartment building located?
The property is located at 504 N OREGON Street El Paso, TX.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Prime downtown El Paso location, near West Star Plaza, University Park, Plaza Theater, History Museum, and Public Library.; Renovated historic building (built in 1902) with unique character.; 34‑unit apartment building with a mix of one‑bedroom and studio apartments.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message