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    El Paso, TX Multifamily Properties for Sale

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    Historic Multifamily Apartment Building
    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 brick home converted to fully rented apartments prior to 1977
    Generates $3,100/month in rental income (per provided remarks)
    Off‑street parking available via the back alley for tenant access
    Includes a storage building and shed
    Hardwood and tile flooring; cooling via window unit(s)
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    This listing looks promising.

    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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    6-Unit Apartment Building
    Updated: Aug 20
    6-Unit Apartment Building

    2731 IDALIA Avenue, El Paso, TX 79930

    $950,000
    6,668 sqft 0.34 AC lot
    Six‑unit configuration with one detached house and five apartment units
    6,668 square feet of improvements on a 0.34‑acre lot
    R5 zoning designation
    Block and stucco construction with ceramic tile flooring
    Central heating, mixed roofing, and public sewer
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    Brick Quadplex
    Brick Quadplex

    2701 RED SAILS Drive, El Paso, TX 79936

    $525,000
    4,235 sqft 0.30 AC lot

    Built in 1982 with natural-gas heating, evaporative cooling, and a fireplace.

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    Apartment Building with 10 Units
    Apartment Building with 10 Units

    1126 E SAN ANTONIO Avenue, El Paso, TX 79901

    $650,000
    4,848 sqft 0.08 AC lot

    R1-zoned apartment building with 10 one-bedroom units, individual electric meters, and window-unit cooling across two brick buildings.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    10-Unit Apartment Building
    10-Unit Apartment Building

    El Paso, TX 79915

    $1,195,000
    11,329 sqft 0.99 AC lot

    Fully leased multifamily property with varied unit configurations, evaporative cooling, and refrigerator-equipped units.

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    Brick Quadplex with Refrigerated AC
    Brick Quadplex with Refrigerated AC

    11625 JAMES WATT Drive, El Paso, TX 79936

    $575,000
    2,972 sqft 0.23 AC lot

    Brick quadplex in R4 with separated utilities, refrigerated AC, and four two-bedroom, one-bath units.

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    Historic 8-Unit Apartment Building
    Historic 8-Unit Apartment Building

    515 W MISSOURI Avenue, El Paso, TX 79901

    $559,900
    3,240 sqft 0.10 AC lot

    Brick-and-stucco construction includes six studios, two one-bedroom units, and shared laundry.

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    Triplex on Nearly One-Acre Lot
    Triplex on Nearly One-Acre Lot

    178 S Glenwood Street, El Paso, TX 79905

    $589,999
    3,376 sqft 0.80 AC lot

    Triplex with three actively rented homes on a 0.8-acre lot, zoned R3 with public sewer and paved parking.

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    Remodeled Duplex with Detached ADU
    Remodeled Duplex with Detached ADU

    194 Ben Swain Dr, El Paso, TX 79915

    $250,000
    1,600 sqft 0.30 AC lot

    Two updated living units offer flexible occupancy and a separate accessory dwelling layout.

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    Two-Story Duplex Property
    Two-Story Duplex Property

    3243 Isla Morada Drive, El Paso, TX 79925

    $220,000
    1,282 sqft 0.06 AC lot

    Two-story property with an open living, dining, and kitchen arrangement plus a downstairs bedroom.

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    Two-Unit Duplex with Long-Term Tenancy
    Two-Unit Duplex with Long-Term Tenancy

    2627 Gold Avenue, El Paso, TX 79930

    $239,000
    1,556 sqft 0.14 AC lot

    Fully occupied duplex with two-bedroom units, individual kitchens, assigned parking, and established tenant occupancy.

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    Multifamily Property With Rental Units
    Multifamily Property With Rental Units

    2314 Wyoming Ave, El Paso, TX 79903

    $450,000
    3,400 sqft

    Seven-unit configuration combines a main residence with remodeled rental units and access to I-10.

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    Fully Occupied 4-Unit Quadplex
    Fully Occupied 4-Unit Quadplex

    1205 WRIGHT Street, El Paso, TX 79902

    $345,000
    4,800 sqft 0.10 AC lot

    Four rented residences with updated utility and finish features in a central El Paso setting.

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    Two-Unit Duplex with City Views
    Two-Unit Duplex with City Views

    1929 Detroit Ave, El Paso, TX 79902

    $299,900
    1,800 sqft

    Both residences include refrigerated air, while the property also offers washer and dryer appliances.

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    Duplex with Two Kitchens
    Duplex with Two Kitchens

    8751 WINCHESTER Road, El Paso, TX 79907

    $250,000
    2,040 sqft 0.24 AC lot

    R3-zoned duplex configured with two kitchens and two AC units for flexible living or rental use.

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    Triplex with Development Acreage
    Triplex with Development Acreage

    317 N Carolina Drive, El Paso, TX 79915

    $400,000
    2,461 sqft 1.00 AC lot

    Existing multifamily property with architectural renderings and blueprints for additional development planning.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    3212 Rosa Ave, El Paso, TX 79905

    $469,500
    3,570 sqft

    Five apartment units offer remodeled and newly constructed interiors with individual heating and cooling systems.

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    Triplex With Updated Windows
    Triplex With Updated Windows

    3522 Altura Avenue, El Paso, TX 79930

    $299,950
    2,230 sqft 0.21 AC lot

    Three-unit property with mini-split systems, tile flooring, and assigned plus on-street parking.

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    Updated Duplex with New HVAC
    Updated Duplex with New HVAC

    10440 Hodges Circle, El Paso, TX 79924

    $345,000
    2,444 sqft

    Two residential units include an updated kitchen layout and new HVAC systems.

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    Maintained Duplex Unit with Private Yard
    Maintained Duplex Unit with Private Yard

    1514 Greg Powers Drive, El Paso, TX 79936

    $169,998
    978 sqft 0.10 AC lot

    Three-bedroom residence with an open living arrangement, private outdoor space, and practical everyday amenities.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    A-e-511 E Nevada Ave, El Paso, TX 79902

    $399,999
    2,048 sqft

    Three residences have recent interior and exterior updates, while supplemental storage space supports tenant and owner use.

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    Remodeled Quadplex with Separate Units
    Remodeled Quadplex with Separate Units

    3219 E MISSOURI Avenue, El Paso, TX 79903

    $410,000
    3,400 sqft 0.16 AC lot

    R5-zoned property with a main residence, separate units, updated interiors, and on-street parking.

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    Duplex with Corner Lot Yard
    Duplex with Corner Lot Yard

    2701 San Diego Avenue, El Paso, TX 79930

    $335,000
    2,116 sqft

    Two fully rented units with washer/dryer, updated finishes, and a large corner-lot yard.

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    Remodeled Duplex with Detached ADU
    Remodeled Duplex with Detached ADU

    194 BEN SWAIN Drive, El Paso, TX 79915

    $250,000
    1,600 sqft 0.30 AC lot

    Two independent residences feature updated interiors, refrigerated air, and separate kitchens for flexible occupancy or rental use.

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    El Paso, TX Multifamily Properties Market Trends and Statistics

    Explore 245 multifamily properties for sale in El Paso, TX, showcased through 245 active listings on our real estate platform. These investment opportunities span a total of 513,327 square feet of properties for sale, with an estimated market value of $97,573,669.

    Sale prices for multifamily properties in El Paso, TX start at $90,000, averaging $473,658, and reaching up to $4,900,000 — 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

    Duplexes 96
    Apartment buildings 81
    Quadplexes 34
    Triplexes 16
    Mobile home & RV parks 8

    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
    79925 $273.3K
    79936 $305.8K
    79935 $308.3K
    79924 $313.2K
    79930 $329.9K

    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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    Browse Multifamily properties for Sale Near El Paso, TX

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    Most Searched ZIP Codes in El Paso, TX

    • 79905
    • 79901
    • 79904
    • 79902
    • 79907
    • 79938
    • 79915
    • 79936
    • 79928
    • 79903
    • 79930
    • 79924

    Featured El Paso Real Estate Agencies

    Realmo connects you with licensed El Paso CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Marquis Realty
    1473 N Lee Trevino El Paso, TX 79936
    Phone: 19159207223
    www.marquisrealtyinc.com
    Cornerstone Realty
    6541 Wind Ridge Drive El Paso, TX 79912
    Phone: 19153552335
    cornerstone.gep.mlxchange.com/
    Thalia & Company Realty
    788 De Leon Drive El Paso, TX 79912
    Phone: 19153287272
    www.thaliaandcompany.com/

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