El Paso Multifamily Investment
709 S Virginia Street El Paso, TX 79901
709 S Virginia Street, El Paso, TX, 79901
$294,000
For Sale
$294,000
MULTI_FAMILY - El Paso, TX
Property Size2,543 SF
Lot Size0.13 Acres
Price / SF$115.61
Days on Market266
Property Features for 709 S Virginia Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A3
- Appliances
- Range Hood
- Standard status
- Active
- APN
- C05099908102500
- Size
- 2,543 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 81 CAMPBELL 5 & N 17 FT OF 4 & S 3.5 FT OF 6 (5580 SQ FT)
- Tax Annual Amount
- 7031
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Multi Units
Building Details
- Year built
- 1950
- Number of units
- 5
- Flooring type
- Tile - Ceramic
- Building materials
- Stucco
- Roof type
- Flat, Composition
Listing Agency
Home Pros Real Estate Group
(915) 585-8806
1035 Belvidere St., Suite 200, el paso, TX
Listed by
Edwin Morales Juarez · License #0721112
(915) 449-9698
Added: Oct 26, 2025 Checked: Jul 18 at 6:06 am
MLS# 932674
Listing URL
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 is a five-unit, fully occupied property that has been recently renovated. The total revenue generated by the property is $2,600. The lot size is 0.13 acres. The property is zoned A3 and contains 2,543 square feet. Another two-unit property is also for sale next door.
Key Highlights
- Recently renovated 5‑unit property
- Fully occupied with $2,600 total revenue
- Multi‑unit cooling system
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $15.96 |
| − Vacancy | −$2.0k | −$0.80 |
| EGI | $38.6k | $15.16 |
| − OpEx | −$17.4k | −$6.82 |
| NOI | $21.2k | $8.34 |
2,543 SF · lease $15.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$302.9K
$265.1K – $353.4K
NOI $21,206 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$638.0K
$558.2K – $744.3K
NOI $44,659 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-unit, fully occupied property with recent renovations and income.
Where is this apartment building located?
The property is located at 709 S Virginia Street El Paso, TX.
What is the asking price?
The asking price for this property is $294,000.
What are key features of this property?
This property features: Recently renovated 5‑unit property; Fully occupied with $2,600 total revenue; Multi‑unit cooling system
