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4-Unit Multifamily Property
For Sale
$468,900

505 W Missouri, El Paso, TX 79901

Each residence has two bedrooms, one bathroom, and separate utilities.

Property Size6,568 SF
Price / SF$71.39
Days on Market25

Property Features for 505 W Missouri

General Information

Standard status Active
Size 6,568 SF
Property subtype Multi Family Home
Zoning A3

Site & Location

Neighborhood Sunset Heights Neighborhood Improvement Association
Highway Access Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $6,027

Building Details

Building Size 6,568 SF
Year Built 1913
Stories 2
Units 4
Listing Agency: El Paso Real Estate Company
Listed By: Al Jurado · License #0410918
Source: Elpasorealestateco
Added: Oct 6 Changed: Oct 26 Last Checked: Oct 26 at 3:46AM

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 El Paso Real Estate Company

Rey
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Investment Insights

Based on property information with market context.

This 6,568-square-foot multifamily property contains four apartments, each configured with two bedrooms and one bathroom. The units have separate utility service and individual addresses. Built in 1913, the property is zoned A3.

The property is in downtown El Paso, near Southwest University Park, UTEP, hospitals, restaurants, shopping, and I-10. An eight-unit multifamily property at 515 W Missouri is identified as a neighboring property.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • 6,568 square feet
  • Separate utilities and individual addresses for the units

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,556
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

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has two bedrooms, one bathroom, and separate utilities.
Where is this quadplex located?
The property is located at 505 W Missouri El Paso, TX.
What is the asking price?
The asking price for this property is $468,900.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 6,568 square feet; Separate utilities and individual addresses for the units
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