826 Indiana Avenue
Corpus Christi, TX 78404
2384 sqft | 0.18 acres | #451089
Description
This well-maintained 4-plex is a prime addition to your investment portfolio! Situated on a large lot with ample parking, including a convenient wrap driveway and assigned covered carports for each unit, this property is just moments away from Del Mar College, Ocean Drive, shopping, restaurants, parks, and top-rated schools. Each of the four units features: 1 Bedroom, 1 Bathroom, 1 Living Room, hardwood flooring and large windows for an abundance of natural light, spacious living areas with adjacent kitchens equipped with gas stoves and refrigerators. Tenants enjoy independence with separately metered utilities for electricity, gas, and water/trash, keeping owner expenses minimal. The property is currently fully rented, generating a monthly income of $2,720, offering an impressive 10%+ return. All four units are leased at $680/month, all on annual lease agreements. This property is an investor's dream with a reliable income stream, excellent location, and strong rental demand.
Property Details
- Utility FeaturesSewer Available, Water Available
- School DistrictCorpus Christi Isd
- FoundationPillar Post Pier
- Lot DescriptionInterior Lot
- Sewer InformationPublic Sewer
- SubdivisionLindale Park
- Property SubtypeQuadruplex
- Property TypePurchase
- Original List Price$291,000
- Utility SourcePublic
- Elementary SchoolMenger
- CountyNueces
- Taxes Annual$5,246
- MLS #451089
- Cost291000
- MLS #451089
- InteriorOther
- Middle SchoolBaker
- Acres0.18
- Square Feet2384
- Year Built1947
- High SchoolRay
- Stories2
Location
Legal
Based on information from South Texas MLS, LLC for the period 01/01/2024 through 12/31/2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein 'AS IS' and without any warranty, express or implied. The listing data contained is a copyright of Texas Association of REALTORS® and that reproduction or distribution is not allowed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: STMLS
Listing Courtesy
Listing Agent: Roland Marcha (#0593433)
Listing Office: Premier Agent Network, LLC (#CC1353)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
