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Duplex With Private Entrances
For Sale
$315,000
Pending

326 Oleander Avenue, Corpus Christi, TX 78404

MULTI_FAMILY - Corpus Christi, TX

Property Size1,835 SF
Lot Size0.16 Acres
Days on Market188

Property Features for 326 Oleander Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2
Parking 2
Parking features Garage, Assigned
Patio and Porch features Patio
Interior features CeilingFans
Appliances Dishwasher, FreeStandingRange, GasOven, GasRange, Microwave
Subdivision Rest Haven
Lot features Interior Lot
Elementary school Menger
Middle school Baker
High school Ray
Elementary school district Corpus Christi ISD
Middle school district Corpus Christi ISD
High school district Corpus Christi ISD
Standard status Pending
APN 718300050070
Size 1,835 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description REST HAVEN BLK 5 LOT 7
Tax Annual Amount 4894
Legal Description REST HAVEN BLK 5 LOT 7

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Central Air
Water source Public

Amenities

crown molding
recessed lighting
covered patio
indoor laundry room
fully fenced backyard

Building Details

Year built 2003
Floors in Building 1
Number of units 2
Flooring type Carpet, Tile
Building materials HardiplankType
Roof type Shingle
Listing Agency: Group One Real Estate
Listed By: Liz Canchola · License #0755930
Added: Jan 30 Changed: Aug 2 Last Checked: Aug 6 at 5:06AM
MLS# 470706

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.

326 Oleander Avenue in Corpus Christi, TX 78404 presents a standout duplex built in 2003. The property features two 2-bedroom, 1-bath units, each with its own private entrance and an indoor laundry room. Living spaces include recessed lighting and crown molding, and each unit includes a covered patio and its own fully fenced backyard.

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
1,835 SF · lease $16.56/SF/yr · vacancy 11.97% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$267.5K
$234.1K – $312.1K (±1% cap)
NOI $18,725 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$245.0K
$214.4K – $285.8K (±1% cap)
NOI $17,148 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$436.6K
$382.1K – $509.4K (±1% cap)
NOI $30,564 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby

Demographics for 78404, TX

15,339
Population
6,884
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
4,793
Density / Sq Mi
$60,264
Median Household Income
$45,864
Median Earnings
$1,172
Median Rent
$180,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Built in 2003, this duplex offers two units with private entrances, indoor laundry, covered patio, fenced yards, and central HVAC.
Where is this duplex located?
The property is located at 326 Oleander Avenue Corpus Christi, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 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
More about this property
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