2219 MAGOFFIN AVENUE, EL PASO, TX 79901

Homes for sale in El Paso.

Homes for sale in 79901.


2219 MAGOFFIN Avenue

El Paso, TX 79901

Active

List Price$480,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #934429

3,790

Square Feet

Multi-Unit Residential

Type

About This Property

Investment Opportunity - 6-Unit Multi-Family Property on 2219 Magoffin Ave Discover a solid long-term investment with this well-maintained 6-unit multi-family property located on 2219 Magoffin Ave. All units were fully renovated in 2023, featuring new appliances, fresh interior paint, and updated tile flooring, offering modern, attractive living spaces for tenants. The property currently consists of a mix of year-long leases and month-to-month tenants, providing both stability and flexibility for an incoming investor. Rents have not yet been increased, presenting a valuable opportunity to raise income and significantly enhance overall cash flow. This is a rare chance to acquire a turnkey, income-producing asset with strong upside potential--perfect for investors seeking steady returns and long-term growth.

Property Features

Location Information

County

El Paso

Longitude

-106.463423

Latitude

31.771012

Subdivision

Magoffin

Interior Features

Heating

Central, Forced Air

Appliances

Washer Hookup, Refrigerator, Microwave, Electric Water Heater, Electric Cooktop, Cooktop

Cooling

Ceiling Fan(s), Evaporative Cooling, Refrigerated

Tenant Pays

Gas

Floors

Tile

Total Number of Units

0

Exterior Features

Construction

See Remarks

Parking Description

Street Only

Roof

Flat

Lot Size in Acres

0.1

Water Source

City

Lot Size in Sq. Ft.

4,356

Septic or Sewer

Public Sewer

Zoning

C4

Utilities

All City

School

School District

El Paso

Middle School

Guillen

Elementary School

Douglass

High School

Bowie

Additional Information

Property Type

RI

Tax Year

2025

Property SubType

Quadruplex

Tax Amount

$12,128

Year Built

1912

Similar Listings

Mortgage Calculator

$2,241

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,729

Monthly Tax

$400

Monthly Insurance

$112

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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