Five-Unit Apartment
For Sale
$330,000
615 617 S VIRGINIA Street, El Paso, TX 79901
Residential Income, El Paso, TX
Property Size2,138 SF
Lot Size0.14 Acres
Price / SF$154.35
Days on Market222
Property Features for 615 617 S VIRGINIA Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Appliances
Washer Hookup, Built-In Electric Oven
Subdivision
Campbell
Elementary school
Aoy
Middle school
Guillen
High school
Bowie
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
C05099910801100
Size
2,138 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
108 CAMPBELL 3 & 4 (6240.00 SQ FT)
Tax Annual Amount
8479
Legal Description
108 CAMPBELL 3 & 4 (6240.00 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s)
Building Details
Year built
1930
Floors in Building
1
Number of units
5
Flooring type
Concrete, Tile - Ceramic
Building materials
Brick, Stucco
Roof type
Shingle
Buildings
2
Listing Agency:
Team Juan Uribe
(915) 585-0007
Listed By:
Norma Uribe · License #0395099
(915) 727-3373
Added: Mar 23
Changed: Oct 28
Last Checked: Oct 30 at 9:06PM
MLS# 940767
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property comprises two apartment buildings totaling 2,138 square feet on 0.14 acres. The five-unit configuration includes three two-bedroom apartments and two one-bedroom apartments, each with a kitchen and one bathroom. Three units have refrigerated air. Construction includes brick and stucco, with ceramic tile and concrete flooring. Central heating, ceiling fans, washer hookups, and a built-in electric oven are among the property features.
The buildings are located at 615 and 617 S. Virginia Street in El Paso, Texas. The property carries R1 zoning, uses public sewer, and was built in 1930. The seller pays the water bill only.
The buildings are located at 615 and 617 S. Virginia Street in El Paso, Texas. The property carries R1 zoning, uses public sewer, and was built in 1930. The seller pays the water bill only.
Key Highlights
- Five units across two buildings at 615 and 617 S. Virginia Street
- 2,138 square feet on a 0.14‑acre parcel
- Unit mix includes three two‑bedroom and two one‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,829
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,580
$356.6K
Cap Rate 7%
$254,700
$254.7K
Cap Rate 9%
$198,100
$198.1K
Market Conditions
NOI Build-Up for 2,138 SF
Gross rent
$34.1K $15.96/SF
− Vacancy
−$1.7K −$0.80/SF
EGI
$32.4K $15.16/SF
− OpEx
−$14.6K −$6.82/SF
NOI
$17.8K $8.34/SF
Area
El Paso, TX
Vacancy
5.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,580
Cap Rate 7%
$254,700
Cap Rate 9%
$198,100
Alternative Uses
Best Use
Apartment 5plus
$254.7K
$222.9K – $297.2K
NOI $17,829 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$536.4K
$469.3K – $625.8K
NOI $37,546 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,022
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two brick-and-stucco buildings provide a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 615 617 S VIRGINIA Street El Paso, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Five units across two buildings at 615 and 617 S. Virginia Street; 2,138 square feet on a 0.14‑acre parcel; Unit mix includes three two‑bedroom and two one‑bedroom apartments
