3815 ALAMEDA Avenue
El Paso, TX 79905
$850,000
About this home
Please do not disturb Tenants. Prime investment opportunity in the heart of Central El Paso! This unique income-producing property spans nearly a full city block at 3815 Alameda Ave, 0.99 acres zoned C-4 along Alameda and M-1 along Frutas. Ideally located near El Paso Children's Hospital and the Paul L. Foster School of Medicine.
The property features a mobile home park with 10 efficiency apartment units, along with a 1134 sq ft building currently leased to a church, providing multiple income streams offers exceptional flexibility for a variety of commercial, industrial, or redevelopment uses.
While the improvements are older, the property is functional and currently occupied, with rents well below market--presenting a strong value-add opportunity for investors looking to increase cash flow. With significant upside potential through repositioning, rent adjustments, or redevelopment, this is an ideal project for both seasoned investors and those seeking long-term growth. All tenants are month to month.
Listed by Century 21 The Edge, 915-494-6034
Listing agent: Brenda Mendoza
Source: GEPAR MLS
Listing data read from GEPAR MLS at Nov 4, 2026, 6:10 PM, and refreshed at least every 12 hours.
Photographs
Listing information is provided through the IDX programme of the Greater El Paso Association of Realtors (GEPAR MLS), exclusively for consumers' personal, non commercial use, and may not be used for any purpose other than to identify properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS, and should be independently verified. Listings held by brokerages other than Team Olivas are marked with the listing brokerage's name and contact details.
The data is refreshed at least every 12 hours. Some properties shown may have sold or may no longer be available.
Team Olivas, 240 Thunderbird Dr., Suite D, El Paso, TX. Equal Housing Opportunity.