Triplex with Potential Fourth
2601 Johanna Street Corpus Christi, TX 78415
2601 Johanna Street, Corpus Christi, TX, 78415
$249,000
For Sale
$249,000
MULTI_FAMILY - Corpus Christi, TX
Property Size1,874 SF
Lot Size0.23 Acres
Price / SF$132.87
Days on Market94
Property Features for 2601 Johanna Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3
- Interior features
- OpenFloorplan
- Appliances
- FreeStandingRange, Refrigerator, RangeHood
- Standard status
- Active
- APN
- 437500020150
- Size
- 1,874 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- LEXINGTON BLK 2 LOT 15
- Tax Annual Amount
- 5028
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Central, Electric (Heating)
- Cooling system
- Central Air, Zoned
- Water source
- Public
Building Details
- Year built
- 1952
- Floors in Building
- 1
- Flooring type
- Laminate
- Roof type
- Shingle
Listing Agency
KM Premier Real Estate
(361) 991-5263
7002 S Staples St. Suite 104, Corpus Christi, TX
Listed by
Ashley Babbitt · License #0722251
(361) 800-5172
Added: Apr 16 Checked: Jul 18 at 6:06 am
MLS# 474914
Listing URL
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 well-maintained triplex includes three separate 2-bedroom, 1-bath units, each currently leased. The units are separately metered, which can help keep utility expenses straightforward. The property also offers an oversized backyard, with an existing tap and meter in place that may support the addition of a fourth unit.
Located in Corpus Christi, TX, the property is near SPID and within walking distance to local businesses. Shopping, schools, restaurants, and other everyday conveniences are described as just minutes away, supporting day-to-day tenant access.
For investors or owner-operators seeking a turnkey rental asset, the current leased status provides immediate occupancy. The combination of separated metering and a backyard configured with existing utility connections may appeal to buyers looking to maintain a manageable operating setup while evaluating the feasibility of adding an additional unit in the future.
Located in Corpus Christi, TX, the property is near SPID and within walking distance to local businesses. Shopping, schools, restaurants, and other everyday conveniences are described as just minutes away, supporting day-to-day tenant access.
For investors or owner-operators seeking a turnkey rental asset, the current leased status provides immediate occupancy. The combination of separated metering and a backyard configured with existing utility connections may appeal to buyers looking to maintain a manageable operating setup while evaluating the feasibility of adding an additional unit in the future.
Key Highlights
- Fully occupied triplex with three 2‑bedroom, 1‑bath units, each currently leased
- Each unit is separately metered for straightforward expense management
- Oversized backyard includes an existing tap and meter in place for potential additional unit
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 | $28.1k | $15.00 |
| − Vacancy | −$3.4k | −$1.80 |
| EGI | $24.7k | $13.20 |
| − OpEx | −$7.4k | −$3.96 |
| NOI | $17.3k | $9.24 |
1,874 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$247.5K
$216.5K – $288.7K
NOI $17,322 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$219.3K
$191.9K – $255.8K
NOI $15,350 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$445.9K
$390.2K – $520.2K
NOI $31,213 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Fully occupied three-unit triplex with separate metering and an oversized backyard featuring existing utility connections.
Where is this triplex located?
The property is located at 2601 Johanna Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Fully occupied triplex with three 2‑bedroom, 1‑bath units, each currently leased; Each unit is separately metered for straightforward expense management; Oversized backyard includes an existing tap and meter in place for potential additional unit
