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Three-Unit Triplex
New
For Sale
$69,000

1011 S Alameda St, Corpus Christi, TX 78404

The existing layout pairs two one-bedroom apartments with a larger two-bedroom residence on the upper floor.

Property Size2,205 SF
Price / SF$31.29
Days on Market3

Property Features for 1011 S Alameda St

General Information

Standard status Active
Size 2,205 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence needs a complete rehab

Units

Unit Mix 2 x 1BR, 1 x 2BR
Multifamily Units 3

Additional Details

Utilities to Site Yes

Building Details

Year Built 1916
Stories 2
Listing Agency: Blue Wave Realty
Listed By: Homecity Real Estate
Source: Homecity
Added: Oct 16 Last Checked: Oct 16 at 1:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Wave Realty

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Investment Insights

Based on property information with market context.

Built in 1916, this 2,205-square-foot triplex contains three vacant units: two one-bedroom apartments on the ground floor and a two-bedroom unit above. Each residence has a separate electric meter. The property requires a complete rehabilitation, allowing work to be planned across the full building without existing tenants in place.

At 1011 S. Alameda Street in Corpus Christi, the property is near Downtown, CHRISTUS Spohn Hospital Shoreline, and Del Mar College’s Heritage Campus. Shoreline Boulevard, waterfront parks, and the marina are also in the surrounding area.

Key Highlights

  • Three units totaling 2,205 square feet
  • Two downstairs one‑bedroom units and one upstairs two‑bedroom unit
  • Separate electric meter for each unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Hair Salon Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Nail Salon

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,559
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The existing layout pairs two one-bedroom apartments with a larger two-bedroom residence on the upper floor.
Where is this triplex located?
The property is located at 1011 S Alameda St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: Three units totaling 2,205 square feet; Two downstairs one‑bedroom units and one upstairs two‑bedroom unit; Separate electric meter for each unit
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