www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31120439
31120441

3400 Wickham Ave, El Paso, TX 79904

United Realty Group
Listed by United Realty Group
$240,000
78 days on market
Updated 78 days ago

INCOME PRODUCING DUPLEX

Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Square Footage 1,826
Units 2
Cap Rate 6.25%
NOI $15,000
Occupancy 100%
Pro-Forma Cap Rate 9.17%
Pro-Forma NOI $22,000
Price per SqFt $131
Class C
Year Built 1983
Buildings 1
Stories 1

Multifamily | 2 Units | $120,000/unit

Marketing description

πŸ”₯ Income-Producing Duplex with Immediate Cash Flow & Upside πŸ”₯

Turnkey investment opportunity in Northeast El Paso featuring a fully leased duplex with stable income and strong upside potential. Ideal for investors or future owner-occupants looking to build equity while generating cash flow.

This well-positioned property offers:

  • Unit 3400: 2 bedrooms | 1 bathroom | $925/month

  • Unit 3402: 3 bedrooms | 1 bathroom | $950/month

πŸ‘‰ Total current income: $1,875/month ($22,500 annually)
πŸ‘‰ Tenants pay all utilities – minimizing owner expenses

Both units are leased with solid terms, providing immediate and reliable income:

  • Lease 1 through February 2027

  • Lease 2 through November 2026

Located on a spacious lot with ample parking, private driveway, and low-maintenance landscaping, the property also benefits from an elevated setting with open mountain views and convenient access to major roads, shopping, and Fort Bliss.

πŸ’‘ Value-Add Opportunity:
Current rents are below market, offering the potential to increase income to approximately $2,200–$2,400/month over time, significantly improving returns.

βœ”οΈ Stabilized asset with long-term tenants
βœ”οΈ Strong rental demand area
βœ”οΈ Investor-friendly layout
βœ”οΈ Excellent for long-term appreciation

Whether you’re expanding your portfolio or securing your first income property, this duplex delivers the combination of cash flow, stability, and growth potential.

πŸ“ˆ Opportunities like this are limited schedule your showing today.

Listing Contacts

United Realty Group
Listed by United Realty Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$15,000.00
$1,250.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
Β© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591