Overview
- Updated On:
- July 5, 2025
- Property ID
- 86694
Description
Multi-family property located at the corner of Rio Grande Ave and Octavio St. Fantastic investment opportunity which consists of 9 well-maintained units, all zoned for apartments, making it an ideal option for residential rental income or office space. With its prime location, residents enjoy easy access to local shops, schools, while also being just a short drive from downtown El Paso and major transportation routes.
The building is situated in a high-demand rental area, offering both convenience and potential for long-term growth. Each unit is unique featuring functional layouts that can cater to a variety of tenants. With 9 units available, this property is perfect for an investor looking to expand their portfolio or an owner-occupant interested in managing a small apartment community. New water heaters have been installed.
Don’t miss this great opportunity to own a property in an up-and-coming area of El Paso. Owner FINANCE is available.
Property Id: 86694
Price: $ 510,000
Property Lot Size: 0 ac
InternetConsumerCommentYN: 1
CoListOfficeKey: 20210414194607672180000000
InternetAutomatedValuationDisplayYN: 1
StreetNumberNumeric: 1101
ContractStatusChangeDate: 2025-03-14
ListAgentFullName: Michael Santamaria
InternetAddressDisplayYN: 1
OnMarketDate: 2025-03-14
InternetEntireListingDisplayYN: 1
CoListAgentFullName: Rafael Terrazas
ListAgentLastName: Santamaria
CumulativeDaysOnMarket: 115
FireplacesTotal: 6000
CoListOfficeEmail: mike@mountainvista.com
ListingAgreement: Exclusive Right To Sell
ListAgentFirstName: Michael
MajorChangeType: Price Reduced
LotSizeUnits: Acres
TaxLegalDescription: 279 PIERCE FINLEY 25 & 26 (6000 SQ FT)
CoListOfficeName: St. Rogers Realty
LotSizeSquareFeet: 6098.4
ListingId: 918741
CoListAgentFirstName: Rafael
SourceSystemName: Greater El Paso Association of REALTORS®
SourceSystemKey: 20250313211346357686000000
StateOrProvince: TX
CoListAgentLastName: Terrazas
ListOfficeName: St. Rogers Realty
OriginatingSystemKey: 20250313211346357686000000
PhotosCount: 37
ListingTerms: Owner May Carry,Cash,Conventional,Owner Will Carry
CoListAgentMlsId: 7306
OriginatingSystemName: Greater El Paso Association of REALTORS®
ListingContractDate: 2025-03-13
StreetSuffix: Avenue
CoListOfficeMlsId: 3271
OriginatingSystemID: M00000595
StreetNumber: 1101
StreetName: Rio Grande
ListOfficeMlsId: 3271
MlsStatus: Active
LotSizeArea: 0.14
SourceSystemID: M00000595
ParcelNumber: P79599927907100
ListAgentMlsId: 7231
Zoning: A2
Heating: See Remarks
StreetDirPrefix: E
DaysOnMarket: 115
StoriesTotal: 2
Contract_sp_Information_co_List_sp_Price2: 510000
Contract_sp_Information_co_Listing_sp_Type: Exclusive Right To Sell
Location_sp_Tax_sp_Legal_co_Zoning2: A2
Location_sp_Tax_sp_Legal_co_Parcel_sp_ID: P79599927907100
Location_sp_Tax_sp_Legal_co_Legal2: 279 PIERCE FINLEY 25 & 26 (6000 SQ FT)
Location_sp_Tax_sp_Legal_co_Flood_sp_Zone: No
General_sp_Property_sp_Info_co_Apx_sp_Acres2: 0.14
General_sp_Property_sp_Info_co_Measured_sp_By: Appraiser CAD
General_sp_Property_sp_Info_co_Improved: Yes
General_sp_Property_sp_Info_co_Unimproved: No
General_sp_Property_sp_Info_co_Lot_sp_SqFt: 6000
General_sp_Property_sp_Info_co_HVAC: No
General_sp_Property_sp_Info_co_Verification: Other
Remarks_sp_Misc_co_Public_sp_Remarks2: Multi-family property located at the corner of Rio Grande Ave and Octavio St. Fantastic investment opportunity which consists of 9 well-maintained units, all zoned for apartments, making it an ideal option for residential rental income or office space. With its prime location, residents enjoy easy access to local shops, schools, while also being just a short drive from downtown El Paso and major transportation routes.
The building is situated in a high-demand rental area, offering both convenience and potential for long-term growth. Each unit is unique featuring functional layouts that can cater to a variety of tenants. With 9 units available, this property is perfect for an investor looking to expand their portfolio or an owner-occupant interested in managing a small apartment community. New water heaters have been installed.
Don't miss this great opportunity to own a property in an up-and-coming area of El Paso. Owner FINANCE is available.
Exemptions_co_None17: 1
Lease_sp_Terms_co_Sale: 1
Property_co_Building: 1
$ 2,614.87
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,977.37
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