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Value-Add 4-Plex - Prime Location Near Del Mar College. This well-positioned 4-plex in Corpus Christi is the best blend of current income and future upside. Just a 10-minute walk to Del Mar College, the property features the nicest interiors on the block"”modern, clean, and move-in ready. It's perfect for students, working professionals, or value-focused renters. There's plenty of room to grow: a detached back structure offers possible conversion to a 1-bedroom or studio (buyer to verify), while the oversized lot provides space for an ADU or additional rental unit. Add exterior cosmetic upgrades, install a coin-operated laundry room, and implement RUBS (Ratio Utility Billing System) to quickly increase cash flow. Rent Roll: $4000/mo. Ideal for FHA buyers looking to house hack with just 3.5% down"”or investors looking for DSCR loan or 1031 exchange opportunities. With its strong rent potential, desirable location, and multiple income streams, this property won't last long. Part of a larger off-market portfolio. Contact us to learn more about this opportunity and others in Corpus Christi and San Antonio.
| DAYS ON MARKET | 1 | LAST UPDATED | 5/5/2025 |
|---|---|---|---|
| TRACT | P A Cliffs | YEAR BUILT | 1961 |
| COUNTY | Nueces | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Menger |
|---|---|
| Jr. High School | Baker |
| High School | Ray |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Oven, Electric Range, Refrigerator |
| HEAT | Central, Electric |
| INTERIOR | Other |
| LOT | 9583 sq ft |
| LOT DESCRIPTION | Other |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | P A Cliffs |
| TAXES | 4076 |
| 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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