501 E CLIFF DRIVE, EL PASO, TX 79902
Homes for sale in El Paso.
Homes for sale in 79902.
501 E Cliff Drive
El Paso, TX 79902
List Price$359,000
Listing #935867
About This Property
This property offers significant potential, making it an excellent addition to any investment portfolio. With strong cash flow prospects and the opportunity for further growth, it presents a solid financial opportunity. The property consists of five units, including four studio apartments and one three-bedroom unit. Additionally, the spacious basement, which spans over 1,000 square feet, provides further possibilities for expansion or rental income. Conveniently located near UTEP and downtown, this well-maintained property is ideally positioned for both tenants and long-term growth. Potential for a professional office space for a attorney or doctors office.
Property Features
Location Information
County
El Paso
Longitude
-106.492952
Latitude
31.77015
Subdivision
Alexander
Interior Features
Heating
Forced Air, Natural Gas
Appliances
Refrigerator, Gas Cooktop
Cooling
Evaporative Cooling, Window Unit(s)
Tenant Pays
All Utilities
Floors
Laminate, Wood
Total Number of Units
5
Exterior Features
Construction
Stucco
Parking Description
On Street
Roof
Composition
Lot Size in Acres
0.83
Water Source
City
Lot Size in Sq. Ft.
36,154
Septic or Sewer
Public Sewer
Zoning
R1
School
School District
El Paso
Middle School
Wiggs
Elementary School
Lamar
High School
Elpaso
Additional Information
Property Type
RI
Tax Year
2025
Property SubType
Quadruplex
Tax Amount
$10,312.78
Year Built
1925
Similar Listings
Mortgage Calculator
$1,675
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,293
Monthly Tax
$299
Monthly Insurance
$83
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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