240 Indiana Avenue, Corpus Christi, TX 78404

Corpus Christi
Local realty services provided by:Better Homes and Gardens Real Estate Winans
240 Indiana Avenue,Corpus Christi, TX 78404
$769,000
Virtual Tour
  • - Beds
  • - Baths
  • 6,000 sq. ft.
  • Multi-family
  • Active
Listed by: payton dodson
Office: trustar real estate
MLS#:474975
Source:South Texas MLS

Price summary

  • Price:$769,000
  • Price per sq. ft.:$128.17

About this home

6-Unit Multifamily | All 2/2 Layouts | In-Unit W/D | DSCR-Friendly Investor-focused 6-unit property located just one block from Ocean Drive Corpus Christi, one of the most desirable rental corridors in Corpus Christi. What sets this property apart is a rare unit mix of all 2 bed / 2 bath units with in-unit washer and dryer connections —a combination that consistently drives stronger rents and tenant retention compared to typical multifamily inventory in the area. The property is currently generating $7,195/month with a clear path to approximately $7,800/month, and is positioned to qualify for DSCR financing based on in-place income , making it immediately actionable for investors. Over $125,000 has been invested into the asset, including a new roof, recent interior and exterior paint, and overall improvements that allow for a true turnkey ownership experience . Several units feature balconies or decks, further increasing tenant appeal in this coastal location. Surrounded by homes...

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Home facts

  • Year built:1973
  • Listing ID #:474975
  • Added:7 day(s) ago
  • Updated:April 19, 2026 at 02:03 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Living area:6,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Flat, Shingle
  • Year built:1973
  • Building area:6,000 sq. ft.
  • Lot area:0.32 Acres
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Ray
  • Middle school:Baker
  • Elementary school:Menger

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$769,000
  • Price per sq. ft.:$128.17
  • Tax amount:$2,397

Features and amenities

  • Appliances:Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Laundry features:Dryer Hookup, Washer Hookup

Parking

  • Parking description:Rear Side Off Street
MLS LogoBased on information from South Texas MLS, LLC as 2026. 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. MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.

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