Four-Plex with
2540 Avenue C Ingleside, TX 78362
2540 Avenue C, Ingleside, TX, 78362
$850,000
For Sale
$850,000
MULTI_FAMILY - Ingleside, TX
Property Size5,044 SF
Lot Size0.43 Acres
Price / SF$168.52
Days on Market21
Property Features for 2540 Avenue C
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 12
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 9, Bedroom 2, Bathroom 8, Bathroom 6, Bedroom 4, Bedroom 8, Bathroom 5, Bathroom 1, Bathroom 7, Bedroom 11, Bedroom 12, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 10, Bedroom 5, Bathroom 3
- Parking
- 10
- Parking features
- Garage
- Patio and Porch features
- Patio
- Interior features
- OpenFloorplan, WindowTreatments, BreakfastBar
- Appliances
- Dishwasher, FreeStandingRange, Disposal, Microwave, Refrigerator, RangeHood
- Standard status
- Active
- APN
- 71872
- Size
- 5,044 SF
- Lot size
- 0.43 Acres
Taxes and HOA fees
- Tax Description
- R J WILLIAMS ADDN BLK 19 LOTS 19 THRU 24
- Tax Annual Amount
- 12266
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2008
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile
- Roof type
- Shingle
Listing agency
Ultima Real Estate
(972) 980-9393
Listed by
Deborah McGraw · License #0697963
(361) 500-5543
Added: Jul 2 Updated: Jul 17 at 4:09PM Checked: Jul 22 at 6:06PM
MLS# 478727
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 fully occupied four-plex features four open-plan apartments, each offering three bedrooms and two bathrooms. The property includes four garages and plenty of parking, and it is fully fenced. A new roof has been installed, supporting the building’s current exterior condition.
Located in Ingleside, Texas, the property sits on a 0.43-acre lot at 2540 Avenue C. The listing notes a “heart of Ingleside” setting, with the on-site parking and enclosed yard configuration designed to support straightforward tenant use.
For tenants seeking a three-bedroom, two-bath layout, the apartments provide a functional open-plan arrangement alongside private garage space. For buyers, the combination of an income-producing four-unit configuration, existing occupancy, new roofing, and a fenced site offers a practical residential income setup. Please contact the listing broker for additional details on rents and unit features not covered in the remarks.
Located in Ingleside, Texas, the property sits on a 0.43-acre lot at 2540 Avenue C. The listing notes a “heart of Ingleside” setting, with the on-site parking and enclosed yard configuration designed to support straightforward tenant use.
For tenants seeking a three-bedroom, two-bath layout, the apartments provide a functional open-plan arrangement alongside private garage space. For buyers, the combination of an income-producing four-unit configuration, existing occupancy, new roofing, and a fenced site offers a practical residential income setup. Please contact the listing broker for additional details on rents and unit features not covered in the remarks.
Key Highlights
- Fully occupied 4‑plex in the heart of Ingleside
- 3‑bedroom, 2‑bathroom apartments with garages
- 4 garages and fully fenced property
Local 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 | $75.7k | $15.00 |
| − Vacancy | −$9.1k | −$1.80 |
| EGI | $66.6k | $13.20 |
| − OpEx | −$20.0k | −$3.96 |
| NOI | $46.6k | $9.24 |
5,044 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$666.0K
$582.8K – $777.0K
NOI $46,622 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$590.2K
$516.5K – $688.6K
NOI $41,316 @ 7.0% cap · market cap 4.86%
Theoretical Best
Hotel Hospitality
$2.59M
$2.26M – $3.02M
NOI $181,130 @ 7.0% cap · market cap 21.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied four-unit rental with open-plan layouts, three bedrooms, two baths, garages, and ample parking.
Where is this quadplex located?
The property is located at 2540 Avenue C Ingleside, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully occupied 4‑plex in the heart of Ingleside; 3‑bedroom, 2‑bathroom apartments with garages; 4 garages and fully fenced property
