El Paso, TX Residential Income 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 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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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 Quadplex Property

2701 RED SAILS Drive, El Paso, TX 79936

$525,000

4,235 sqft 0.30 AC lot

Brick multifamily property built in 1982 with shingle roof
Heating: natural gas; cooling: evaporative cooling
Fireplace included
Connected to public sewer
Layout includes 10 bedrooms and 7 bathrooms

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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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Two-Building Multifamily Income Property

1126 E SAN ANTONIO Avenue, El Paso, TX 79901

$650,000

4,848 sqft 0.08 AC lot

For sale as-is with 10 one-bedroom units split between two buildings, each with individual electric meters.

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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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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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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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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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Corner 10-Unit Apartment Investment

8100 Alameda Avenue, El Paso, TX 79915

$1,400,000

1,710 sqft 0.99 AC lot

Fully leased 10-unit multifamily property with a mix of 3-, 2-, and 1-bedroom units on a corner lot.

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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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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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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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Historic 8-Unit Apartment Building

515 W MISSOURI Avenue, El Paso, TX 79901

$579,900

3,240 sqft 0.10 AC lot

Historic 8-unit property with shared washer and dryer, featuring 6 studios and 2 one-bedroom units.

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A&O Zoned Multifamily Development Site

317 N Carolina Drive, El Paso, TX 79915

$400,000

2,461 sqft 1.00 AC lot

1-acre development site in El Paso with A&O zoning and available architectural renderings and blueprints.

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Two-Unit Residential Income Property

7830 Mt Latona Drive, El Paso, TX 79904

$130,000

2,067 sqft

A two-apartment setup with storage and a concrete-surrounded yard on a residential income property.

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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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Duplex with Private Outdoor Space

1514 Greg Powers Drive, El Paso, TX 79936

$194,999

978 sqft 0.10 AC lot

Well-maintained Unit A features an open floor plan, primary suite with ensuite bath, and private outdoor space.

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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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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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Two-Unit Residential Income Duplex

6937 Alto Rey Avenue, Unit 2, El Paso, TX 79912

$395,000

1,950 sqft

Duplex with two separate units featuring one-car garages and gas fireplaces.

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Duplex with Two Kitchens

8751 WINCHESTER Road, El Paso, TX 79907

$250,000

2,040 sqft 0.24 AC lot

Duplex setup with two kitchens and two separate AC units, configured for two separate living areas.

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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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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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El Paso, TX Residential Income Properties Market Trends and Statistics

Explore 184 residential income properties for sale in El Paso, TX, showcased through 184 active listings on our real estate platform. These investment opportunities span a total of 365,224 square feet of properties for sale, with an estimated market value of $112,651,698.

Sale prices for residential income properties in El Paso, TX start at $90,000, averaging $618,965, and reaching up to $32,700,000 — 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	$290.1K
79930	$298.8K
79936	$314K
79912	$355.9K
79928	$398.9K

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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