326 Oleander Avenue, Corpus Christi, TX 78404
MULTI_FAMILY - Corpus Christi, TX
Property Features for 326 Oleander Avenue
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Each unit has access to a private 1-car garage and is separately metered and equipped with central HVAC. The duplex is served by public water and public sewer, with a shingle roof. Interior finishes include ceiling fans, carpet and tile flooring, and a gas range with microwave and dishwasher among the listed appliances.
Set on a 0.16-acre lot, this duplex is positioned near everyday essentials in the Bay Area of Corpus Christi, with convenient access to the Bayfront and a short drive to Downtown Corpus Christi and Texas A&M–CC.
Key Highlights
- Built in 2003 duplex on a 0.16‑acre lot
- Two 2‑bedroom, 1‑bath units with private entrances
- Each unit has an indoor laundry room and access to a covered patio
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 | $30.4k | $16.56 |
| − Vacancy | −$3.6k | −$1.98 |
| EGI | $26.8k | $14.58 |
| − OpEx | −$8.0k | −$4.37 |
| NOI | $18.7k | $10.20 |
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Location Intelligence
Trade Area within ½ mile
Demographics for 78404, TX
Market
Vacancy Rate% for Multifamily in South region