2219 MAGOFFIN Avenue

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Address: 2219 Magoffin Ave, El Paso, TX 79901, USA
Texas + Apartment Buildings
Created date: August 4, 2026
Date last updated: October 2, 2026
Price: $399,500Investment Analyzer NEW!

Property Description

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 .

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $399,500
No. of Units: 6
Year Built: 1912
Lot Size: 3,197.00 Sq ft
Opportunity Zone: No
Price per unit: $66,583
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 2219 MAGOFFIN Avenue, El Paso, TX 79901, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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