1001 S FLORENCE Street
El Paso, TX 79901
$345,000
About this home
Prime downtown El Paso location! This two-story, 10-unit apartment complex offers an excellent opportunity for investors looking to add value and build long-term income potential. The property features 8 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. The complex maintains approximately 90% occupancy at all times, demonstrating consistent rental demand.
The property is priced to sell and offers significant upside for an investor willing to complete improvements. Exterior repairs and updates are needed, along with work within individual units. The owner currently pays water and trash, while tenants are responsible for gas and electricity.
Located directly across from Aoy Elementary School and Armijo Park & Aquatic Center, with convenient access to downtown El Paso amenities, transportation, shopping, and services.
Cash purchase only. Bring your vision and unlock the potential of this well-located investment property! Call for more information and viewing opportunities.
Listed by Jaxon Texas Commercial Real Es, 915-255-5900
Listing agent: Joel Anaya
Source: GEPAR MLS
Listing data read from GEPAR MLS at Nov 11, 2026, 9:04 AM, 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.