1802 Morgan Avenue, Corpus Christi, TX 78404
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: james magill
Office: dh realty partners inc
MLS#:469858
Source:South Texas MLS
Price summary
- Price:$525,000
- Price per sq. ft.:$162.44
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.
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Home facts
- Year built:2017
- Listing ID #:469858
- Added:145 day(s) ago
- Updated:June 07, 2026 at 02:05 PM
Rooms and interior
- Flooring:Tile
- Kitchen Description:Refrigerator
- Living area:3,232 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Window Unit
Structure and exterior
- Roof:Metal
- Year built:2017
- Building area:3,232 sq. ft.
- Lot area:0.17 Acres
- Foundation Description:Pillar/Post/Pier
- Levels:2 Story
Schools
- High school:Miller
- Middle school:Wynn Seale
- Elementary school:Allen
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$162.44
- Tax amount:$4,833
Features and amenities
- Appliances:Dryer, Refrigerator
- Laundry features:Dryer, Dryer Hookup
- Amenities:Smoke Detectors
Parking
- Parking description:Asphalt
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