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Two-Story Quadplex with Granite Kitchens
For Sale
$400,000

1507 10th Street, Corpus Christi, TX 78404

Residential, Corpus Christi, TX

Property Size2,740 SF
Lot Size0.20 Acres
Price / SF$145.99
Days on Market38

Property Features for 1507 10th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
Parking features On Street
Appliances FreeStandingRange, Microwave, Refrigerator
Subdivision Hughes
Lot features Interior Lot
Elementary school Menger
Middle school Driscoll
High school Miller
Elementary school district Corpus Christi ISD
Middle school district Corpus Christi ISD
High school district Corpus Christi ISD
Standard status Active
APN 360300030400
Size 2,740 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description HUGHES BLK 3 LOT 40 & 41
Tax Annual Amount 7644
Legal Description HUGHES BLK 3 LOT 40 & 41

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Window Unit(s), Ductless
Water source Public

Amenities

washer/dryer connections
mini splits
window units
granite countertops
black appliances

Building Details

Year built 1960
Floors in Building 2
Number of units 4
Flooring type Laminate, Vinyl
Roof type Shingle
Listing Agency: Gulf Coast Realty Services
Listed By: Veronica Villarreal · License #0623305
Added: Sep 1 Changed: Sep 21 Last Checked: Oct 8 at 4:06PM
MLS# 481820

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 two-story quadplex at 1507 10th Street in Corpus Christi contains four individual one-bedroom, one-bath apartments within 2,740 square feet. Each unit has connections for a stackable washer and dryer, separately metered electricity, and a galley kitchen finished with granite countertops and black appliances. Heating and cooling are provided by ductless mini-splits and window units, with laminate and vinyl flooring throughout the property.

Built in 1960, the property occupies 0.2022 acres and includes on-street parking. Each apartment is equipped for cooking and food storage with a freestanding range, microwave, and refrigerator. Public water and public sewer serve the property, which has a shingle roof.

Key Highlights

  • Four individual one‑bedroom, one‑bath units
  • 2,740 square feet on 0.2022 acres
  • Each apartment has stackable washer and dryer connections

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,960
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,200 $559.2K
Cap Rate 7%
$399,429 $399.4K
Cap Rate 9%
$310,667 $310.7K
Market Conditions
NOI Build-Up for 2,740 SF
Gross rent
$45.4K $16.56/SF
− Vacancy
−$5.4K −$1.98/SF
EGI
$39.9K $14.58/SF
− OpEx
−$12.0K −$4.37/SF
NOI
$28.0K $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%
$559,200
Cap Rate 7%
$399,429
Cap Rate 9%
$310,667

Alternative Uses

Best Use
Multifamily LT 5
$399.4K
$349.5K – $466.0K (±1% cap)
NOI $27,960 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$365.8K
$320.1K – $426.8K (±1% cap)
NOI $25,605 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$652.0K
$570.5K – $760.6K (±1% cap)
NOI $45,637 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Bakery Hair Salon (Bike/Boat/Book/etc) Store Dental Office Home Appliance Store Travel Agency

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,504
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four separate apartments offer individual laundry connections, dedicated electric metering, and mixed ductless and window-unit cooling.
Where is this quadplex located?
The property is located at 1507 10th Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four individual one‑bedroom, one‑bath units; 2,740 square feet on 0.2022 acres; Each apartment has stackable washer and dryer connections
More about this property
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