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29150930
29150931

4709 Maxwell Ave, El Paso, TX 79904

AO
TX 0653430
Cap Rate Real Estate Group
Listed by Cap Rate Real Estate Group
$600,000
152 days on market
Updated 16 days ago

4709 Maxwell

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 15,938
Units 11
Price per SqFt $38
Broker Co-Op No
Class A
Year Built 1964
Buildings 1
Stories 2
Lot Size (SqFt) 15,938
Zoning A2
Ground Lease No
Ownership Sadova Properties
Sale Condition For sale by owner

Multifamily | 11 Units | $54,545/unit

Marketing description

Rare opportunity to acquire a fully leased 9‑unit apartment building in a tight Northeast El Paso submarket with proven rent growth and virtually no vacancy. Located in the heart of Angel’s Triangle at 4709 Maxwell Ave, the property is surrounded by small multifamily assets experiencing rising rents and limited new competition.

This two‑story garden‑style complex features nine 2‑bedroom units, on‑site parking (4 striped spaces, 0.4 per unit), and a simple, easy‑to‑manage layout consistent with neighboring properties. The asset maintains 0.0% vacancy in a submarket where comparable properties report vacancy in the 15–17% range, underscoring its leasing strength and rent‑growth potential.

In total, nearby rent comps account for 46 units and show consistent effective rent growth over the past 3–5 years with stable occupancy, indicating durable workforce housing demand. While the broader Fort Bliss/Biggs Field 1–3 star market runs near 7.5% vacancy and the overall El Paso 1–3 star segment is around 6.4%, this property stands out with full occupancy and room to push rents per square foot over time.

Listing Contacts

AO
TX 0653430
Cap Rate Real Estate Group
Listed by Cap Rate Real Estate Group

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Zoning

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A-2 ResidentialMulti FamilyMedium Density Residential Apartment District
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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