Property Attributes
- MLS#948681
- TypeSingle Family
- Listing Status Active
- CountyEl Paso
- CityEl Paso
- NeighborhoodCotton
- Zip79903
- Style
- Year Built1927
- Taxes$ 7999
- Price$ 450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3400
- Lot Size0.09 Acres
Data Source:
Greater El Paso Association of REALTORS® (GEPAR)
Property Description
This unique income-producing property offers an unbeatable combination of location, versatility, and cash-flow potential. Instant access to I-10, and just minutes from Downtown and UTEP, the property is ideally positioned for strong rental demand from students, professionals, and long-term tenants alike. Close proximity to shopping, dining, hospitals, and entertainment further enhances its long-term value. The property features a spacious 3-bedroom main residence along with six additional on-site rental units, creating multiple income streams on a single property. All rental units have been recently remodeled, offering updated interiors that help minimize maintenance while maximizing tenant appeal. Whether you're looking to expand your investment portfolio, house hack by living in a unit while collecting rental income, or own a turnkey multifamily asset, this property presents an outstanding opportunity. 100% occupied, the property generates $4800 of monthly rent offering an attractive CAP rate of 8.3%!
| Elementary School | Middle School | High School |
|---|---|---|
| Moreno Elementary School | Armendariz Middle School | Austin High School |
| Price History | |
|---|---|
| 8/2/2026 | Listed $450,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 2+ Units,Heat Pump |
| Cooling | Multi Units |
| Utilities | All City |
| Roof | Shingle |
| Appliances | Water Heater,Refrigerator,Range Hood,Gas Cooktop |
| Zoning | C4 |
| Construction Materials | Stucco |
| Year Built | 1927 |
| Tenant Pays | None |
| Property Subtype | House Plus Unit(s) |
| Tax Year | 2026 |
| OwnerPays | Electricity,Gas,Trash Collection,Water |
| County | El Paso |
| Property Type | Residential Income |
| Attached Garage | false |
| Subdivision Name | Cotton |
| Building Features | None |
| Status | Active |
| High School | Austin |
| City | El Paso |
| High School District | Socorro |
| Number Of Units Total | 7 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3920.4 |
| Elementary School | Moreno |
| Tax Annual Amount | 7999.19 |
| Middle/Junior High School | Armendariz |
| Virtual Tour | https://www.propertypanorama.com/instaview/gepar/948681 |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
Exterior Features
| Parking Features | On Street |
|---|---|
| Water Source | City |
| Lot Size Area | 0.09 |
| Building Area Total | 3400 |
| Lot Size Acres | 0.09 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Greater El Paso Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may