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0 Baths
3,232 sqft

$495,000

1802 Morgan Ave, Corpus Christi TX, 78404

Price per sqft$153.16
Built in2017
Property size3,232 sqft
Property typeMulti-family

Overview

Active

Listed Jan 12, 2026

Updated 2 days ago

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.

$3,293/mo

Est. mortgage payment based on a $495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
469858

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$4,833
Tax Frequency
Annually

 

Courtesy of DH Realty Partners Inc

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Stephanie White shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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