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Backup Offers

4023 Lincoln Ave Unit 1-3, El Paso, TX, 79930

$152,500

Home List Price

$1,811*

Closing Credit

0 Baths
1,155 SqFt
$132/SqFt
Multi

Location

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4023 Lincoln Ave Unit 1-3, El Paso$152,500

Buyer Closing Credits

$1,811*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Parking1 Space Per Unit
Year Built1950
HeatingCentral, Other
CoolingCentral Air, Other
MLS #908830
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Pending Accepting Offers)

About 4023 Lincoln Ave Unit 1-3

Welcome to this unique triplex, offering three studio units, each approximately 375 square feet. Each unit boasts its own unique configuration, providing a distinct living experience. All units are equipped with modern refrigerated mini-split systems, ensuring comfort year-round. Situated on a spacious lot, this property presents a fantastic opportunity for investors. Expand your portfolio with the potential to build additional units or enjoy immediate income from the existing ones. Live in one unit and rent out the other two for a steady cash flow. Currently, two out of the three units are occupied, providing immediate rental income. Additionally, there is a laundry room on-site with the potential to add a coin-operated machine for extra income. The backyard is currently divided for each tenant, but it could be transformed into a wonderful, shared courtyard. Don't miss out on this exceptional investment opportunity! TENAT OCCUPIED DND

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,155 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: jphoganrealtor@yahoo.com
  • Listing Agent: Vanesa McCann

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Oven
  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: 1 Space Per Unit

Virtual/3D Tour

  • Virtual Tour: 4023 Lincoln Ave Unit 1-3
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air, Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $152,500
  • Price Per SqFt: $132/SqFt
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Housing Market Comparison

See how this home compares to others in El Paso, TX.

Med. List Price

$265.5K

Med. Price/SqFt

$155

Avg. Days On Market

92

# of Sold Homes

521

4023 Lincoln Ave Unit 1-3 vs El Paso

66 DAYS ON ROCKET

-26 Days

$152,500

-$113K Less

$132/SqFt

-$23 Less

KEY TAKEAWAY

This property is $113K less than the Median List Price and $23/SqFt less than other homes in El Paso, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater El Paso Association of REALTORS®
  • MLS Number: #908830

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: jphoganrealtor@yahoo.com
  • Listing Agent: Vanesa McCann

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurateby the MLS. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright © 2024 The Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/21/2024, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$829

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$524

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-376250
6
/10
  • Travis Elementary School

  • 5000 N Stevens St

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-376251
6
/10
  • Bliss Elementary School

  • 4401 Sheridan Rd

  • 0.38 miles

  • Public District Grades EE-5

school-card-donut-376252
6
/10
  • Rusk Elementary School

  • 3601 N Copia St

  • 0.98 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,812. Most El Paso, TX residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesTexasEl Paso CountyEl Paso799304023 Lincoln Ave Unit 1-3

This home is located at 4023 Lincoln Ave Unit 1-3 in El Paso, TX and zip code 79930 in the Central neighborhood. This 1,155 square foot home, which was built in 1950, sits on a 0.14 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $152,500.

The number of listings in El Paso, TX increased by 2.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 92 days, the median list price was $265,543.

From Rocket Homes Real Estate and based on county public records data.

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