2129 16th Street
Corpus Christi, TX 78404
3360 sqft | 0.22 acres | #458682
Description
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.
Property Details
- Utility FeaturesSewer Available, Water Available
- School DistrictCorpus Christi Isd
- FoundationPillar Post Pier
- Sewer InformationPublic Sewer
- SubdivisionP A Cliffs
- Property SubtypeQuadruplex
- Property TypePurchase
- Original List Price$390,000
- Utility SourcePublic
- Elementary SchoolMenger
- CountyNueces
- Taxes Annual$4,076
- MLS #458682
- Cost390000
- MLS #458682
- InteriorOther
- Lot DescriptionOther
- Middle SchoolBaker
- Acres0.22
- Square Feet3360
- Year Built1961
- 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: Payton Dodson (#0583922)
Listing Office: TruStar Real Estate (#533282)
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