Peña El Paso
Hero photo of 2429 MONTANA Avenue

central-downtown

$339,000

2429 MONTANA Avenue

El Paso, TX 79903

  • 0 beds
  • 0 baths
  • 1,996 sqft
Property type
House Plus Unit(s)
Year built
1910
MLS #
945575

24-hour response promise

Updated from the MLS on June 10, 2026

About this home

The story

Unique 2-unit income-producing property in Central El Paso offering flexibility, cash flow, and value-add potential. The front unit is currently leased at $1,260 per month, providing immediate income, while the rear 4-bedroom, 1-bath unit offers an opportunity to build equity through updates and improvements (estimated renovation budget of $20,000-$25,000). Ideal for investors seeking multiple income streams or buyers looking for a live/work setup with income-producing potential. Located within an Opportunity Zone, which may offer potential tax advantages for qualifying investors (buyer to verify). Conveniently situated along the Montana corridor with excellent accessibility and long-term redevelopment potential. Buyers intending to occupy the residential unit should verify zoning, occupancy requirements, and intended use with the City of El Paso. All property information, uses, zoning, permits, dimensions, and investment assumptions should be independently verified by buyer.

Listing description from MLS, courtesy of REAL Broker LLC

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$339,000

24-hour response promise