Four-Unit Property with Newer
For Sale
$168,500
1335 6th Street, Corpus Christi, TX 78404
Residential, Corpus Christi, TX
Property Size1,114 SF
Lot Size0.15 Acres
Price / SF$151.26
Days on Market45
Property Features for 1335 6th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
Off Street
Interior features
OpenFloorplan
Subdivision
Ocean View
Lot features
Interior Lot
Elementary school
Menger
Middle school
Hamlin
High school
Ray
Elementary school district
Corpus Christi ISD
Middle school district
Corpus Christi ISD
High school district
Corpus Christi ISD
Standard status
Active
APN
598300050090
Size
1,114 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
OCEAN VIEW LT 9 BK 5 V
Tax Annual Amount
3199
Legal Description
OCEAN VIEW LT 9 BK 5 V
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
WoodSiding
Roof type
Shingle
Listing Agency:
Corpus Christi Realty Group
(361) 992-8400
Listed By:
Jacqueline O'Neill · License #0618758
(361) 947-8003
Added: Aug 25
Changed: Sep 30
Last Checked: Oct 8 at 4:06PM
MLS# 481240
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 quadplex contains three one-bedroom apartments and one efficiency, with all four units currently leased. The property has 1,114 square feet according to the listed property size, while approximately 1,333 sq. ft. of converted garage living area is identified separately as not reflected in appraisal district records. That converted area includes one one-bedroom apartment and the efficiency. Interior features include an open floor plan, vinyl flooring, window-unit cooling, and wood siding. The property was built in 1965 and has a newer shingle roof. It is being offered as-is and may benefit from updating. Public water and sewer serve the property, with off-street parking available. The 0.1519-acre site is located near Ocean Drive, CHRISTUS Spohn Hospital Shoreline, Cole Park, the bayfront, downtown, hospitals, parks, and dining.
Key Highlights
- Four units: three 1‑bedroom apartments and one efficiency, all currently leased
- 1,114 square feet of listed property size
- Approximately 1,333 sq. ft. of converted garage living area not reflected in appraisal district records
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,368
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,360
$227.4K
Cap Rate 7%
$162,400
$162.4K
Cap Rate 9%
$126,311
$126.3K
Market Conditions
NOI Build-Up for 1,114 SF
Gross rent
$18.4K $16.56/SF
− Vacancy
−$2.2K −$1.98/SF
EGI
$16.2K $14.58/SF
− OpEx
−$4.9K −$4.37/SF
NOI
$11.4K $10.20/SF
Area
Corpus Christi, TX
Vacancy
11.97%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,360
Cap Rate 7%
$162,400
Cap Rate 9%
$126,311
Alternative Uses
Best Use
Multifamily LT 5
$162.4K
$142.1K – $189.5K
NOI $11,368 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$148.7K
$130.1K – $173.5K
NOI $10,410 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$265.1K
$231.9K – $309.3K
NOI $18,555 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,401
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex with four leased units, off-street parking, and convenient access to hospitals, parks, the bayfront, and downtown.
Where is this quadplex located?
The property is located at 1335 6th Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $168,500.
What are key features of this property?
This property features: Four units: three 1‑bedroom apartments and one efficiency, all currently leased; 1,114 square feet of listed property size; Approximately 1,333 sq. ft. of converted garage living area not reflected in appraisal district records
