Renovated Corpus Christi Fourplex
642 Robinson Street Corpus Christi, TX 78404
642 Robinson Street, Corpus Christi, TX, 78404
$439,900
For Sale
$439,900
MULTI_FAMILY - Corpus Christi, TX
Property Size3,072 SF
Lot Size0.22 Acres
Price / SF$143.20
Days on Market172
Property Features for 642 Robinson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 8, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 7, Bathroom 2
- Parking
- 6
- Parking features
- On Street, Off Street
- Patio and Porch features
- Patio
- Interior features
- OpenFloorplan, WindowTreatments
- Appliances
- ElectricCooktop, ElectricOven, ElectricRange, GasCooktop, GasOven, GasRange, Refrigerator, Dryer, Washer
- Standard status
- Active
- APN
- 447500380100
- Size
- 3,072 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- LINDALE PARK 4 W20' LT 10 ALL LT 11 BLK 38
- Tax Annual Amount
- 3707
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating), Natural Gas
- Cooling system
- Gas (Cooling), Ductless, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Brick, Frame, HardiplankType, ShingleSiding, WoodSiding
- Roof type
- Shingle
Listing Agency
Cass Real Estate
(361) 643-2662
401 US Hwy 181, Portland, TX
Listed by
Brenton Reagan · License #0669077
(512) 736-2695
Added: Jan 26 Checked: Jul 17 at 12:06 pm
MLS# 470585
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 renovated fourplex in Corpus Christi, Texas, is currently 100% occupied. The property features one unfurnished unit for long-term leases and three fully furnished, all-bills-paid units for mid-term leases, typically one to six months. The furnishings and decor in the three furnished units are included. Since 2023, the property has undergone extensive renovations, including foundation work with new subfloors, mini-split air systems in all units, vinyl plank flooring, and fresh interior and exterior paint. New appliances and furniture have also been installed. Each of the four units has two bedrooms and one bathroom (2/1), with two units located downstairs and two upstairs. A central indoor stairway provides access to the upper units. Each unit also has a back door leading to a common area with a shared laundry closet. The washer and dryer are included. Three stoves are gas, and one is electric. Water and gas are on master meters and are landlord expenses. Electric meters are individual for each unit. Awnings are provided for the tenant parking area in the rear. The property is situated on a 0.22-acre lot.
Key Highlights
- Renovated 4‑plex built in 1948 with updates including foundation work, new subfloors, and mini‑split air systems for all units
- 100% occupied split into 1 unfurnished long‑term unit and 3 fully furnished all‑bills‑paid units for mid‑term leases (1–6 months)
- All four units are 2BR/1BA (2/1) arranged as 2 units downstairs and 2 units upstairs with an indoor central stairway
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 | $50.9k | $16.56 |
| − Vacancy | −$6.1k | −$1.98 |
| EGI | $44.8k | $14.58 |
| − OpEx | −$13.4k | −$4.37 |
| NOI | $31.3k | $10.20 |
3,072 SF · lease $16.56/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.8K
$391.9K – $522.5K
NOI $31,348 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$410.1K
$358.8K – $478.5K
NOI $28,707 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$731.0K
$639.6K – $852.8K
NOI $51,167 @ 7.0% cap · market cap 11.63%
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 - Renovated fourplex in Corpus Christi, 100% occupied with strong CAP.
Where is this quadplex located?
The property is located at 642 Robinson Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Renovated 4‑plex built in 1948 with updates including foundation work, new subfloors, and mini‑split air systems for all units; 100% occupied split into 1 unfurnished long‑term unit and 3 fully furnished all‑bills‑paid units for mid‑term leases (1–6 months); All four units are 2BR/1BA (2/1) arranged as 2 units downstairs and 2 units upstairs with an indoor central stairway
