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$380,000

1502 & 1504 N Florence Street, El Paso, TX, 79902

On MarketInfo
Beds— Beds
Baths2 Bath
Baths2,396 Sq Ft
DuplexDuplex
price_per_sqft$158.6 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesFree-Standing Gas Oven
FlooringCeramic Tile, Hardwood, Laminate

Exterior

Lot Size2,318 sqft

Building Information

Year Built1925
Roof Type106

Land Information

APNA462-999-0410-7700
SubdivisionAlexander
Land UseResidential
Legal Description41 ALEXANDER 18 & S 1/2 OF 17 (HOMESITE) (2318 SQ FT)
Census Tract002202
Assessed Land Value$24,409
Assessed Improvement Value$196,762
Assessment Year2025

About this property

We are proud to present a unique multi-family gem located in the heart of El Paso, within the historic district of zip code 79902. This two-story, 2,300 square-foot property is an income-generating opportunity like no other. Each unit boasts its own fully equipped kitchen, a dedicated laundry room, and a charming fireplace. With a versatile basement that can also be used as a rental space, the potential for income growth is boundless. The property is brimming with character, making it a rare find in this desirable area--just a short distance from the university, perfect for students or long-term tenants. Don't miss out on this exceptional investment opportunity!

Investor Tools

$0Estimated Mortgage Balance
$221,171Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

Interested in this property?

Jackie Stevens

REAL Broker LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,547
$221,171
2025
$24,409
$196,762
$221,171
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,547
$221,171

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$221,171
100%
0%
$0/mo

City: El Paso

1502 & 1504 N Florence Street | Property Details | No Agent List