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1802 Morgan Ave, Corpus Christi, TX, 78404

--beds
--baths
3,232sqft
$525,000
$162price/sqft
$3,841/moest. monthly cost
$153,640/yrincome needed

About This Home

Excellent value-add opportunity in a CG-2 (General Commercial) zoning district. This income-producing property is currently configured with five residential units plus a downstairs commercial/storage space, all fully leased and generating $3,800 per month in stable income. The CG-2 zoning allows for a wide range of commercial uses, offering strong upside potential through repositioning the residential units to commercial tenants and increasing rents over time. Investors can enjoy immediate cash flow while exploring redevelopment or re-tenanting strategies to maximize returns. Well-suited for a first-time investor or a buyer looking to add a flexible, mixed-use asset to their portfolio with both income stability and long-term growth potential.

Getting Around

67
WalkingSomewhat Walkable
43
TransitSome Transit
59
BikeBikeable

Schools

6/10
Allen Elementary SchoolGrades PK-50.2 mi
3/10
Martin Middle SchoolGrades 6-81.7 mi

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Cooktop,Refrigerator,Dryer
  • Laundry features: Dryer Hookup

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Window Unit
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,232
  • Total interior livable area: 3,232 sqft

Property

Details

  • Parcel number: 048800040100

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,392 sqft
  • Features: Other

Parking

  • Parking features: Asphalt