Fully Leased Duplex with Rear
1525 5th Street Corpus Christi, TX 78404
For Sale
$290,000
MULTI_FAMILY - Corpus Christi, TX
Property Size1,096 SF
Lot Size0.16 Acres
Price / SF$264.60
Days on Market200
Property Features for 1525 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Appliances
Refrigerator
Standard status
Active
APN
598300070060
Size
1,096 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
OCEAN VIEW LT 6 & E 7.5 FT OF ALLEY BK 7
Tax Annual Amount
3218
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1923
Floors in Building
1
Flooring type
Vinyl
Listing Agency:
DH Realty Partners Inc
(210) 222-2424
Listed By:
James Magill · License #0675040
(361) 425-1112
Added: Jan 8
Changed: Jul 17
Last Checked: Jul 27 at 10:06AM
MLS# 469672
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing property is fully leased and configured as a front duplex with a separate rear unit. The front building includes two 1-bedroom, 1-bath units totaling 1,096 square feet, and the rear unit offers 2 bedrooms and 1 bath totaling 560 square feet. Together, the property provides 1,656 square feet across three units.
The property is located in a central Corpus Christi setting described as being near downtown, schools, and major roadways, supporting steady rental demand. All three units are currently leased.
With 100% occupancy, the property is reported to generate $37,800 in annual income, offering stabilized cash flow for an investor seeking an income-focused residential rental asset.
The property is located in a central Corpus Christi setting described as being near downtown, schools, and major roadways, supporting steady rental demand. All three units are currently leased.
With 100% occupancy, the property is reported to generate $37,800 in annual income, offering stabilized cash flow for an investor seeking an income-focused residential rental asset.
Key Highlights
- Fully leased duplex with 3 units generating $37,800 in annual income
- 1,656 SF total building size: 1,096 SF front duplex and 560 SF rear unit
- Front duplex has two 1‑bedroom, 1‑bath units; rear unit has 2 bedrooms and 1 bath
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.1k | $16.56 |
| − Vacancy | −$2.2k | −$1.98 |
| EGI | $16.0k | $14.58 |
| − OpEx | −$4.8k | −$4.37 |
| NOI | $11.2k | $10.20 |
1,096 SF · lease $16.56/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$159.8K
$139.8K – $186.4K
NOI $11,184 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$146.3K
$128.0K – $170.7K
NOI $10,242 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$260.8K
$228.2K – $304.3K
NOI $18,255 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Income-producing duplex setup with a separate rear unit, fully leased and generating annual income.
Where is this triplex located?
The property is located at 1525 5th Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Fully leased duplex with 3 units generating $37,800 in annual income; 1,656 SF total building size: 1,096 SF front duplex and 560 SF rear unit; Front duplex has two 1‑bedroom, 1‑bath units; rear unit has 2 bedrooms and 1 bath
