Tour
$4,988 Closing Credit¹
#914533, Carmen Sarahi Lazar, Listing Office: Summus Realty
$650,000 List price
3530 Pera Ave El Paso, TX 79905
$7,719
Closing credit¹
5,883 sqft
0.2 acres
$110 / sqft
Multi-Family
Property details
About 3530 Pera Ave
Excellent investment opportunity! This multifamily/apartment complex features 10 residential and 2 commercial units, making it a versatile income-producing property. With 80% of the units remodeled, tenants enjoy updated and comfortable living spaces. Strategically located in the Empowerment Zone, one of the most accessible areas to/from Ciudad Juárez, this property offers high demand and growth potential. The commercial units provide additional revenue streams, contributing to a 7.04% CAP rate, making it ideal for investors seeking a solid return. Don't miss this chance to own a prime asset in a thriving location!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingEvaporative Cooling, Central Air
Size5,883 sqft
Lot size0.16 Acres
Year built1940
ParkingOn Street
MLS #918626
Virtual tour
Summary
- MLS Number: 918626
- MLS Name: Greater El Paso Association of REALTORS®
- Office Name: Keller Williams Realty
- Listing Agent: Luis Manuel Portugal
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurateby the MLS. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright © 2025 The Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/28/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
3530 Pera Ave
$7,719
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $422,090 | $7,569 |
| 2023 | $273,631 | $8,099 |
| 2021 | $264,000 | $8,099 |
| 2020 | $264,000 | $8,242 |
| 2019 | $223,230 | $6,159 |
| 2018 | $205,770 | $6,159 |
| 2017 | $205,770 | $6,090 |
History based on county public records data.
Nearby schools
4
Zavala Elementary School
Public District EE-5
0.2 mi
•51 N Hammett St
3
Douglass Elementary School
Public District EE-5
0.9 mi
•101 S Eucalyptus St
6
Hillside Elementary School
Public District EE-5
1.2 mi
•4500 Clifton Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,192. Most El Paso, TX residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
73%
<35k
25%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
32%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Boston Market
What do the neighbors drive?
Dodge
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 3530 Pera Ave in El Paso, TX and zip code 79905 in the Chamizal neighborhood. This 5,883 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $650,000.
Between February and March 2025, El Paso, TX real estate market has seen increase in the number of listings by 8.5%. While the average time on the market in March 2025 was 91 days, the median list price was $265,212.
From Rocket Homes Real Estate and based on county public records data.