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Multi-Family Duplex with Efficiency

2801 Lawnview Street Corpus Christi, TX 78404

Claim this Listing
For Sale
$309,000

MULTI_FAMILY - Corpus Christi, TX

Property size:
2,680 SF
Lot size:
0.24 Acres
Price / SF:
$115.30/SF
Added:
Jul 6, 2026
Days on Market:
9
Last Refresh:
Jul 14 at 4:06 am

Property Features for 2801 Lawnview Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 3
Parking features
Off Street
Interior features
CableTv, WindowTreatments
Fireplace
1
Appliances
ElectricOven, ElectricRange, FreeStandingRange, Refrigerator, RangeHood
Standard status
Active
APN
718300070170
Size
2,680 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Description
REST HAVEN N/2 OF LT 16 & ALL LT 17 BK 7
Tax Annual Amount
5397

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Window Unit(s), Electric, Central Air
Water source
Public

Building Details

Year built
1946
Floors in Building
2
Flooring type
Vinyl, Tile, Hardwood, Carpet
Roof type
Shingle, Metal, Flat

Listing agent Clark Smith License #0408458

Listing office The Village Realty 410 Coral Place, Corpus Christi, TX

Listing date Jul 6, 2026

MLS# 478497 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 for-sale multi-family property features a two-story main building configured as a duplex with two 2-bedroom, 1-bath units, each with large living and dining rooms and a kitchen with washer/dryer connections. The units include all-electric central heat and air and modern kitchens with newer appliances. Behind the detached two-car garage is a separate efficiency apartment that is separately metered for electric and gas, while sharing a single water meter. The efficiency includes off-street parking for three vehicles, a covered patio, and a partially fenced backyard. The detached two-car garage supports convenient vehicle access, and the property conveys three stoves and three refrigerators, plus a window unit in the efficiency.

The property is located at the corner of Lawnview and Texas in Corpus Christi, with three actual addresses: 2801 Lawnview (upstairs), 2803 Lawnview (downstairs), and 2803.5 Lawnview (efficiency).

With multiple living configurations on one lot, the layout can support an owner-occupant setup while generating rental income from the remaining units. The main duplex units are currently rented on the described terms, and the efficiency has been rented as well, making the property a straightforward option for investors or buyers looking for a small income-producing residence with flexibility.

Key Highlights

  • 2‑story duplex with two 2BR/1BA units, each approx. 1,200 SF
  • Separate efficiency apartment behind detached 2‑car garage (separately metered electric and gas)
  • Total reported monthly income: $2,425 (downstairs $850; upstairs $950; efficiency $625)

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 $44.4k $16.56
− Vacancy −$5.3k −$1.98
EGI $39.1k $14.58
− OpEx −$11.7k −$4.37
NOI $27.3k $10.20
2,680 SF · lease $16.56/SF/yr · vacancy 11.97% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$390.7K
$341.9K – $455.8K (±1% cap)
NOI $27,348 @ 7.0% cap · market cap 8.85%
Second Best
Apartment 5plus
$357.8K
$313.1K – $417.4K (±1% cap)
NOI $25,044 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$637.7K
$558.0K – $744.0K (±1% cap)
NOI $44,638 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Big Box & Wholesale Store Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Locksmith Computer & Electronic Repair Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Two 2-bedroom units plus a separately metered efficiency apartment with off-street parking and a covered patio.
Where is this triplex located?
The property is located at 2801 Lawnview Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: 2‑story duplex with two 2BR/1BA units, each approx. 1,200 SF; Separate efficiency apartment behind detached 2‑car garage (separately metered electric and gas); Total reported monthly income: $2,425 (downstairs $850; upstairs $950; efficiency $625)
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