




$399,500
2219 Magoffin Ave, El Paso, TX, 79901
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Excellent investment opportunity in the heart of Downtown El Paso! This fully remodeled 6-unit multifamily property offers immediate income with all six units currently leased. Each unit has been tastefully updated and features energy-efficient mini-split heating and refrigerated air systems, modern finishes, and attractive living spaces that appeal to today's tenants. Situated in the historic Magoffin neighborhood just minutes from Downtown El Paso, UTEP, hospitals, the Medical Center, shopping, dining, entertainment, and the international bridges, this property enjoys a highly desirable rental location. Strong occupancy, updated interiors, and excellent proximity to major employers and transportation make this a turnkey investment with outstanding long-term potential. Don't miss this rare opportunity to own a fully occupied, income-producing multifamily property .
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Learn About the Market: Opportunity in El Paso



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El Paso
El Paso is one of Texas’ most unique housing markets, combining affordability, military employment, international trade, and a strong regional identity. Located on the U.S.–Mexico border, the city serves as a major center for logistics, healthcare, education, manufacturing, and defense-related industries.
The city’s housing market is supported by the presence of Fort Bliss, one of the largest military installations in the United States. Compared to many other Texas metros, El Paso offers relatively affordable homeownership opportunities while maintaining stable demand from local residents, military personnel, and investors.
Population Growth
0.6%
Net Migration
Stable
Median Home Price
$184,500
Unemployment Rate
4.0%
Price Trend
+1.6% YoY
New Permits
Dynamic Permit Feed
City: El Paso
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