Remodeled Income-Producing Corpus Christi
905 Louisiana Avenue Corpus Christi, TX 78404
905 Louisiana Avenue, Corpus Christi, TX, 78404
$449,000
For Sale
$449,000
MULTI_FAMILY - Corpus Christi, TX
Property Size2,334 SF
Lot Size0.18 Acres
Price / SF$192.37
Days on Market235
Property Features for 905 Louisiana Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2
- Parking features
- Off Street
- Interior features
- OpenFloorplan
- Exterior features
- Landscaping
- Appliances
- Dishwasher, ElectricOven, ElectricRange, GasOven, GasRange, RangeHood
- Standard status
- Active
- APN
- 447000020020
- Size
- 2,334 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- LINDALE PARK BLK 2 LOT 2
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating)
- Cooling system
- Window Unit(s), Ductless
- Water source
- Public
Building Details
- Year built
- 1949
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile, Hardwood
- Roof type
- Shingle
Listing Agency
Prime Real Estate
(361) 334-7653
4926 Everhart, Portland, TX
Listed by
David Edwards · License #0564777
(361) 688-0019
Added: Nov 24, 2025 Checked: Jul 17 at 1:06 pm
MLS# 467539
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 income-producing 4-plex is located at 905 Louisiana in Corpus Christi. The property has been fully remodeled inside and out. Each of the four units has been renovated. The units feature granite countertops, custom-made cabinetry, and tile flooring throughout. The kitchens are designed for functionality and visual appeal, while the open layouts allow for comfortable everyday living. The bathrooms and living spaces also carry the same high-level finishes. The property is located steps away from the community college and within walking distance of shops, cafes, and restaurants. It is also within minutes of Downtown Corpus Christi, known for its waterfront, entertainment, business district, and vibrant cultural scene. The property is 2,334 square feet in size and sits on a 0.18-acre lot.
Key Highlights
- 4‑plex at 905 Louisiana in Corpus Christi, built in 1949
- Each of the four units has been renovated with granite countertops, custom‑made cabinetry, and tile flooring
- Open floorplan interiors with updated heating and cooling, including ductless systems and window unit(s)
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 | $38.7k | $16.56 |
| − Vacancy | −$4.6k | −$1.98 |
| EGI | $34.0k | $14.58 |
| − OpEx | −$10.2k | −$4.37 |
| NOI | $23.8k | $10.20 |
2,334 SF · lease $16.56/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.2K
$297.7K – $397.0K
NOI $23,817 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$311.6K
$272.6K – $363.5K
NOI $21,811 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$555.4K
$485.9K – $647.9K
NOI $38,875 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fully remodeled 4-plex in Corpus Christi with strong rental potential.
Where is this quadplex located?
The property is located at 905 Louisiana Avenue Corpus Christi, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 4‑plex at 905 Louisiana in Corpus Christi, built in 1949; Each of the four units has been renovated with granite countertops, custom‑made cabinetry, and tile flooring; Open floorplan interiors with updated heating and cooling, including ductless systems and window unit(s)
