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Five-Unit Apartment Building
For Sale
$294,000

709 S Virginia Street, El Paso, TX 79901

Residential Income, El Paso, TX

Property Size2,543 SF
Lot Size0.13 Acres
Price / SF$115.61
Days on Market360

Property Features for 709 S Virginia Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning A3
Appliances Range Hood
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 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
Legal Description 81 CAMPBELL 5 & N 17 FT OF 4 & S 3.5 FT OF 6 (5580 SQ FT)

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 Composition, Flat
Listing Agency: Home Pros Real Estate Group
Listed By: Edwin Morales Juarez
Added: Oct 26, 2025 Changed: Sep 14 Last Checked: Oct 20 at 9:06AM
MLS# 932674

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.

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Investment Insights

Based on property information with market context.

This five-unit apartment property at 709 S Virginia Street provides 2,543 square feet on a 0.13-acre parcel. The improvements date to 1950 and include stucco exterior construction, ceramic tile flooring, multiple cooling units, a flat composition roof, and a range hood. Public sewer service is in place, and the property carries A3 zoning.

The building is located in El Paso, TX 79901. The source information also identifies a two-unit property next door that is available separately, creating an opportunity to evaluate the adjoining asset alongside this five-unit building.

Key Highlights

  • Five‑unit apartment property with 2,543 SF of building area
  • Fully occupied residential income property
  • 0.13‑acre parcel in El Paso, TX 79901

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,206
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,120 $424.1K
Cap Rate 7%
$302,943 $302.9K
Cap Rate 9%
$235,622 $235.6K
Market Conditions
NOI Build-Up for 2,543 SF
Gross rent
$40.6K $15.96/SF
− Vacancy
−$2.0K −$0.80/SF
EGI
$38.6K $15.16/SF
− OpEx
−$17.4K −$6.82/SF
NOI
$21.2K $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%
$424,120
Cap Rate 7%
$302,943
Cap Rate 9%
$235,622

Alternative Uses

Best Use
Apartment 5plus
$302.9K
$265.1K – $353.4K (±1% cap)
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 (±1% cap)
NOI $44,659 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,022
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
View Realmo Analytics

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?
Apartment building - Fully occupied property with ceramic tile flooring, stucco construction, and multiple cooling units.
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: Five‑unit apartment property with 2,543 SF of building area; Fully occupied residential income property; 0.13‑acre parcel in El Paso, TX 79901
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