Duplex with Leased
New
For Sale
$265,000
5520 Pollard St, El Paso, TX 79904
Two distinct residences offer flexibility for rental income, owner occupancy, or multigenerational living.
Property Size2,275 SF
Price / SF$116.48
Days on Market4
Property Features for 5520 Pollard St
General Information
Standard status
Active
Size
2,275 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1950
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 6:51AM
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.
Built in 1950, this 2,275-square-foot duplex contains two separate living spaces. One unit is leased and producing rental income, while the two-residence layout can also accommodate an owner-occupant or multigenerational household seeking separate living areas.
The property is located near Fort Bliss and provides access to major highways for travel throughout El Paso. Its configuration supports both investment and residential use, with an existing lease in place on one side.
The property is located near Fort Bliss and provides access to major highways for travel throughout El Paso. Its configuration supports both investment and residential use, with an existing lease in place on one side.
Key Highlights
- 2,275‑square‑foot duplex with two separate living spaces
- One side is currently leased and generating rental income
- Built in 1950
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
$20,569
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
7.76%
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%
$411,380
$411.4K
Cap Rate 7%
$293,843
$293.8K
Cap Rate 9%
$228,544
$228.5K
Market Conditions
NOI Build-Up for 2,275 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
$30.8K $13.56/SF
− Vacancy
−$1.5K −$0.64/SF
EGI
$29.4K $12.92/SF
− OpEx
−$8.8K −$3.87/SF
NOI
$20.6K $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 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%
$411,380
Cap Rate 7%
$293,843
Cap Rate 9%
$228,544
Alternative Uses
Best Use
Multifamily LT 5
$293.8K
$257.1K – $342.8K
NOI $20,569 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$271.0K
$237.1K – $316.2K
NOI $18,971 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$570.7K
$499.4K – $665.9K
NOI $39,952 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 79904, TX
31,491
Population
13,571
Households
2.3
Avg Household Size
33
Median Age
14%
College-Educated
78%
High-School Grad
12.0 sq mi
ZIP Area
2,624
Density / Sq Mi
$40,892
Median Household Income
$28,775
Median Earnings
$1,017
Median Rent
$117,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences offer flexibility for rental income, owner occupancy, or multigenerational living.
Where is this duplex located?
The property is located at 5520 Pollard St El Paso, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 2,275‑square‑foot duplex with two separate living spaces; One side is currently leased and generating rental income; Built in 1950
