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1137 Arizona Ave 5 Unit Apartment Building $635,000 ($127,000/Unit) El Paso, TX 79902
INVESTMENT HIGHLIGHTS
- flexibility for investors — “short-term rental ready” or “long-term rental potential
- Central downtown El Paso location, steps to culture & dining
- 5 self-contained units with kitchenettes & mini-splits, modern updates, balcony views, laundry, and parking
EXECUTIVE SUMMARY
Welcome to CASA MINA - THE EXPERIENCE! Step into a timeless 1910 architectural gem nestled in the heart of El Paso's historic district. Thoughtfully restored and reimagined, this 5-unit property beautifully blends vintage craftsmanship with modern comfort, captivating residents, guests, and investors alike.A grand entry welcomes you into an inviting lobby and lounge area complete with a half bath. Unit 1 and Unit 2 are located on the main level, each featuring a kitchenette, distinctive design touches, and individual mini-split systems for efficient climate control. A shared laundry facility in the basement ensures practicality for all residents. Upstairs, Unit 3 offers a private balcony with sweeping city views, while Unit 4 and Unit 5 showcase restored hardwood floors, exposed brick, designer finishes, and antique charm that pay homage to the home's historic architecture. Additional features include private rear parking, side-gate access.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$82,318
|
$11.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$82,318
|
$11.85
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $82,318 |
| Annual Per SF | $11.85 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $82,318 |
| Annual Per SF | $11.85 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Refrigerator
- Tub/Shower
- Views
- Attic
- Basement
- Breakfast Nook
- Dining Room
- Mother-in-law Unit
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Lounge
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 400 - 900 |
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | F607-999-0850-6100 | Improvements Assessment | $294,632 (2025) |
| Land Assessment | $21,525 (2025) | Total Assessment | $316,157 (2025) |
PROPERTY TAXES
Parcel Number
F607-999-0850-6100
Land Assessment
$21,525 (2025)
Improvements Assessment
$294,632 (2025)
Total Assessment
$316,157 (2025)
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1st Choice Realty
1137 Arizona Ave
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