240 Indiana Avenue, Corpus Christi, TX 78404 (MLS # 474975)

240 Indiana Avenue, Corpus Christi, TX 78404 (MLS # 474975)
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PRICE $769,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 6,000 sqft
LOT SIZE 13,940 sqft

6-Unit Multifamily | All 2/2 Layouts | In-Unit W/D | DSCR-Friendly Investor-focused 6-unit property located just one block from Ocean Drive Corpus Christi, one of the most desirable rental corridors in Corpus Christi. What sets this property apart is a rare unit mix of all 2 bed / 2 bath units with in-unit washer and dryer connections "”a combination that consistently drives stronger rents and tenant retention compared to typical multifamily inventory in the area. The property is currently generating $7,195/month with a clear path to approximately $7,800/month, and is positioned to qualify for DSCR financing based on in-place income , making it immediately actionable for investors. Over $125,000 has been invested into the asset, including a new roof, recent interior and exterior paint, and overall improvements that allow for a true turnkey ownership experience . Several units feature balconies or decks, further increasing tenant appeal in this coastal location. Surrounded by homes valued above $500,000, the property benefits from both strong rental demand and long-term appreciation fundamentals. This is a clean opportunity for a DSCR investor, 1031 exchange buyer, or VA buyer looking to occupy one unit while offsetting expenses with rental income . A stabilized asset with a tenant-friendly layout that is difficult to replicate at this price point.

DAYS ON MARKET 7 LAST UPDATED 4/16/2026
TRACT Beau Jardin Condo / BessarPark YEAR BUILT 1973
COUNTY Nueces STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Menger
Jr. High School Baker
High School Ray


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Oven, Electric Range, Refrigerator
HEAT Central, Electric
INTERIOR Other
LOT 0.32 acre(s)
LOT DESCRIPTION Other
LOT DIMENSIONS 13992
SEWER Public Sewer
STORIES 2
SUBDIVISION Beau Jardin Condo / BessarPark
TAXES 2397
UTILITIES Sewer Available, Water Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with TruStar Real Estate

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This IDX solution is (c) Diverse Solutions 2026.