7441 Alameda Avenue, El Paso, TX 79915
Local realty services provided by:Better Homes and Gardens Real Estate Elevate
Listed by:david arteaga
Office:nxt level real estate
MLS#:926201
Source:TX_GEPAR
Price summary
- Price:$395,000
- Price per sq. ft.:$88.01
About this home
=¨ Now Only $395K! Priced to Sell - Rare 4-Plex in El Paso!"
=¼ Prime El Paso Investment: Cash-Flowing 4-Plex in Booming Development Zone
=Í Location: Onward Alameda Master Plan, El Paso, TX
=° Sales Price: $395,000
(Recent comps suggest market value up to $546,000)
;
= Turnkey, Fully Renovated 4-Plex with Proven Airbnb & Long-Term Rental Income
This rare, high-income property features four fully remodeled 1,122 sq ft units, each offering:
" 2 Bedrooms, 1 Bath
" Spacious open-concept layout
" Modern kitchens and premium finishes
" Keyless electronic entry
" Arlo 24/7 security cameras and high-speed Wi-Fi
Currently grossing over $70,000 annually through Airbnb, Booking, and VRBO with strong potential for additional long-term rental income.
;
=¸ Buy with Built-In Equity: Priced at $395,000 - Up to $100K Under Market
Recent comparable sales in the area support a market value as high as $546,000, meaning you're walking into up to $100,000 in instant equity at closing.
Translation: You're paying less than the property is worth a smart move whether you're flipping, refinancing, or holding long-term.
;
=à Recent High-End Renovations Include:
" New Lennox HVAC systems
" Energy-efficient argon gas windows
" White acrylic reflective roofing (heat-reducing)
" Rust-Oleum polycuramine floor coatings (ultra-durable)
" Commercial solar lighting throughout exterior
;
=È Investment Highlights:
" Located in the Onward Alameda Master Plan, a city development and growth zone
" Design-forward appeal that attracts top-tier tenants and guests
" Immediate cash flow + long-term appreciation potential
" Flexible financing options:
" Private lender available with 20% down (no credit check)
" FHA & conventional financing also accepted
" Appliances negotiable
;
=
Recent Comparable Sales:
1904 Karen Sue A-D | 4bd/4ba | 2,408 sq ft | Sold 4/2/25 | $350,000 ($145/sq ft)
1531 Common Dr | 4plex | 3,762 sq ft | Sold 3/31/25 | $475,000 ($126/sq ft)
8549 Dorbandt Cir | 4plex | 2,846 sq ft | Sold 2/24/25 | $239,500 ($84/sq ft)
301 Dolan St | 4plex | 2,121 sq ft | Sold 2/18/25 | $280,000 ($132/sq ft)
Subject Property | 4 units | 4,488 sq ft |
Estimated Value: $546,000 ($121.75/sq ft)
;
=Þ Ready to Invest or Schedule a Tour?
Call Today!
Contact an agent
Home facts
- Year built:1975
- Listing Id #:926201
- Added:34 day(s) ago
- Updated:August 07, 2025 at 09:00 PM
Rooms and interior
- Living area:4,488 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Refrigerated
- Heating:Central
Structure and exterior
- Year built:1975
- Building area:4,488 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Riverside
- Middle school:Riverside
- Elementary school:Cedargrov
Utilities
- Water:City
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$88.01
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