El Paso, TX Multifamily Properties for Sale

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Updated: Jun 22

Historic Multifamily Apartment Building

1207 E RIO GRANDE Avenue, El Paso, TX 79902

$305,000

3,186 sqft 0.24 AC lot

1901 home converted to fully rented apartments prior to 1977
Rental income of $3,100 per month reported by owner
Brick construction with tile and hardwood flooring
Cooling provided by window unit(s)
Off‑street parking accessible through the back alley

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Here's a quick look at some key insights for

1207 E RIO GRANDE Avenue, El Paso, TX 79902

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$27K
Annual
Price @ 7% Cap

$380K
Above asking
Property Type

Apartments (Generic)
Built 1901

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Updated: Jul 4

Corner-Lot Multifamily Income Property

2701 RED SAILS Drive, El Paso, TX 79936

$525,000

4,235 sqft 0.30 AC lot

Brick construction and shingle roof
Built in 1982
Natural gas heating with evaporative cooling
Fireplace included
Public sewer connection

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El Paso Multifamily Investment Opportunity

512 Center Way, El Paso, TX 79915

$1,498,500

11,000 sqft 0.48 AC lot

Eleven-unit complex near EPCC, ideal for student housing.

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Fourplex With Separately Metered Utilities

11625 JAMES WATT Drive, El Paso, TX 79936

$575,000

2,972 sqft 0.23 AC lot

Well-maintained four-unit property with separate utilities and refrigerated A/C, with each unit featuring 2 beds and 1 bath.

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High-Frontage Commercial Building

6941 Alameda Avenue, El Paso, TX 79915

$1,500,000

9,640 sqft 1.33 AC lot

C4-zoned commercial property on Alameda Ave with a flexible 9,640 SF layout for redevelopment or adaptive reuse.

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Triplex with Expansion Potential

178 S Glenwood Street, El Paso, TX 79905

$599,999

3,376 sqft 0.80 AC lot

Three actively rented homes on an R3 lot offer flexible living and rental options.

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Turnkey Quadplex Investment

10822 IVANHOE Drive, El Paso, TX 79935

$560,000

4,144 sqft 0.21 AC lot

Four-unit residential income property with two-bedroom, 1.5-bath layouts in El Paso, TX.

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Duplex With Shared Backyard

3317 Mobile Avenue, El Paso, TX 79930

$415,000

2,742 sqft 0.20 AC lot

Two side-by-side units each offer three bedrooms and two full bathrooms, with shared outdoor space and basement access.

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Duplex with Shared Backyard

3317 Mobile Avenue, Unit 12, El Paso, TX 79930

$415,000

2,742 sqft

Two 3-bedroom, 2-bath units with updated windows, shared backyard, and full basement walkable access.

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Fourplex with Private Rear Patios

7838 Mount Latona Drive, El Paso, TX 79904

$580,000

2,485 sqft 0.14 AC lot

A newer four-unit income property with 2-bedroom layouts, private patios, and in-unit convenience features.

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Two-Bedroom Fourplex for Sale

7838 MOUNT LATONA Drive, El Paso, TX 79904

$580,000

2,485 sqft 0.14 AC lot

Modern fourplex with four 2-bedroom, 1-bath units, refrigerated air, in-unit laundry hookups, and private rear patios.

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Duplex-Style Residential Income Property

3512 Clifton Avenue, Unit AB, El Paso, TX 79903

$208,000

1,367 sqft

Main residence and a separate lower-level unit offer flexible living and rental configurations near key amenities.

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Residential Income Apartment Building

1126 E SAN ANTONIO Avenue, El Paso, TX 79901

$650,000

4,848 sqft 0.08 AC lot

Apartment building available for sale in El Paso, TX, zoned R1 and sized at 4,848 square feet.

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Multifamily Opportunity in El Paso

14573-B Van Fleet Road, El Paso, TX 79938

$695,000

6,250 sqft 1.74 AC lot

Value-add multifamily property with renovation and redevelopment potential.

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Five-Unit Apartment Building

511 East Nevada Avenue, Unit AE, El Paso, TX 79902

$399,999

2,048 sqft

Well-located five-unit property with three remodeled units and added tenant storage space.

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Two-Unit Residential Income Duplex

6937 Alto Rey Avenue, El Paso, TX 79912

$395,000

1,950 sqft 0.21 AC lot

Two well-sized units offer practical layouts with garages and gas fireplaces in a convenient El Paso area.

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Two-Unit Duplex Income Property

1128 East River Avenue, Unit A & B, El Paso, TX 79902

$210,000

1,560 sqft

Two 2-bed, 1-bath units with owner-paid water; investor-friendly duplex in El Paso.

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El Paso Multifamily Investment

3701 Fred Wilson Avenue, El Paso, TX 79904

$550,000

4,887 sqft 0.28 AC lot

Ten-unit multifamily property in El Paso's Logan Heights.

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Five-Unit Apartment Investment

501 East Cliff Drive, Unit 15, El Paso, TX 79902

$430,000

2,968 sqft

Small multifamily property with four studio units and one three-bedroom unit plus an unfinished basement.

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Remodeled Duplex with ADU

194 BEN SWAIN Drive, El Paso, TX 79915

$250,000

1,600 sqft 0.30 AC lot

Fully remodeled duplex with a detached ADU and refrigerated air on an oversized lot with ample parking.

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New Socorro Duplex with Garages

471 Huereque Drive, Unit A & B, El Paso, TX 79927

$474,000

3,808 sqft

New duplex in Socorro featuring modern kitchens and double garages.

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Quadplex Income Property

3724 KELTNER Avenue, El Paso, TX 79904

$469,900

3,869 sqft 0.20 AC lot

Four well-appointed units offer strong rental potential, with three currently occupied and one available for showings.

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Morningside Heights Quadplex For Sale

3803 Tyler Avenue, El Paso, TX 79930

$268,000

2,125 sqft

Quadplex in desirable location near hospitals and Fort Bliss.

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El Paso Investment Opportunity

3815 ALAMEDA Avenue, El Paso, TX 79905

$975,000

1,134 sqft 0.99 AC lot

Income-producing property near hospital and medical school.

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El Paso, TX Multifamily Properties Market Trends and Statistics

Explore 132 multifamily properties for sale in El Paso, TX, showcased through 132 active listings on our real estate platform. These investment opportunities span a total of 287,238 square feet of properties for sale, with an estimated market value of $40,048,292.

Sale prices for multifamily properties in El Paso, TX start at $110,000, averaging $381,412, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 831K

Population Growth (5Y) +2.9%

Median Household Income $60,492

College Educated 6.2%

High-Yield Neighborhoods for Investment

Identify El Paso submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
79903	$276.1K
79932	$288.6K
79930	$298.8K
79936	$328.5K
79912	$355.9K

Taxes & Financing

Tax Rate (average for all types) 2.67%

Property Tax per SF $41.06 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in El Paso County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in El Paso County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in El Paso fall within the 100,000+ square foot range.

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