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34-Unit Apartment Building
For Sale
$2,850,000

504 N OREGON Street, El Paso, TX 79901

Commercial Sale, El Paso, TX

Property SizeContact for details
Lot Size0.11 Acres
Days on Market145

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

basement level laundry room
fully equipped 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: Sep 4 Last Checked: Oct 1 at 11:06PM
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.

This brick-veneer apartment property contains 34 units, including 22 one-bedroom apartments and 12 studio apartments. Five units are handicapped accessible. Originally built in 1902, the building was renovated in 1991 and includes an elevator, basement laundry room, and fully equipped kitchenettes. Heating is provided by heat pumps, with multi-unit cooling and public sewer service. On-street parking and cable availability are also noted.

The property is in downtown El Paso near West Star Plaza, University Park, the Historic Plaza Theater, El Paso History Museum, and El Paso Public Library. Bus and trolley lines are close by. The property is zoned C5.

Key Highlights

  • 34 apartment units: 22 one‑bedroom apartments and 12 studio apartments
  • Built in 1902 and renovated in 1991
  • 5 handicapped‑accessible units

Property Analytics

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Current Use

North Oregon Apts. Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Pet Store Locksmith Butcher 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with mixed one-bedroom and studio layouts, elevator access, and basement laundry facilities.
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: 34 apartment units: 22 one‑bedroom apartments and 12 studio apartments; Built in 1902 and renovated in 1991; 5 handicapped‑accessible units
More about this property
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