Fully Leased Duplex with Rear
1525 5th Street Corpus Christi, TX 78404
1525 5th Street, Corpus Christi, TX, 78404
$290,000
For Sale
$290,000
MULTI_FAMILY - Corpus Christi, TX
Property Size1,096 SF
Lot Size0.16 Acres
Price / SF$264.60
Days on Market190
Property Features for 1525 5th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 598300070060
- Size
- 1,096 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- OCEAN VIEW LT 6 & E 7.5 FT OF ALLEY BK 7
- Tax Annual Amount
- 3218
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1923
- Floors in Building
- 1
- Flooring type
- Vinyl
Listing Agency
DH Realty Partners Inc
(210) 222-2424
500 N Shoreline Boulevard, Corpus Christi, TX
Listed by
James Magill · License #0675040
(361) 425-1112
Added: Jan 8 Checked: Jul 17 at 8:06 am
MLS# 469672
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 property is fully leased and configured as a front duplex with a separate rear unit. The front building includes two 1-bedroom, 1-bath units totaling 1,096 square feet, and the rear unit offers 2 bedrooms and 1 bath totaling 560 square feet. Together, the property provides 1,656 square feet across three units.
The property is located in a central Corpus Christi setting described as being near downtown, schools, and major roadways, supporting steady rental demand. All three units are currently leased.
With 100% occupancy, the property is reported to generate $37,800 in annual income, offering stabilized cash flow for an investor seeking an income-focused residential rental asset.
The property is located in a central Corpus Christi setting described as being near downtown, schools, and major roadways, supporting steady rental demand. All three units are currently leased.
With 100% occupancy, the property is reported to generate $37,800 in annual income, offering stabilized cash flow for an investor seeking an income-focused residential rental asset.
Key Highlights
- Fully leased duplex with 3 units generating $37,800 in annual income
- 1,656 SF total building size: 1,096 SF front duplex and 560 SF rear unit
- Front duplex has two 1‑bedroom, 1‑bath units; rear unit has 2 bedrooms and 1 bath
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 | $18.1k | $16.56 |
| − Vacancy | −$2.2k | −$1.98 |
| EGI | $16.0k | $14.58 |
| − OpEx | −$4.8k | −$4.37 |
| NOI | $11.2k | $10.20 |
1,096 SF · lease $16.56/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$159.8K
$139.8K – $186.4K
NOI $11,184 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$146.3K
$128.0K – $170.7K
NOI $10,242 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$260.8K
$228.2K – $304.3K
NOI $18,255 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Income-producing duplex setup with a separate rear unit, fully leased and generating annual income.
Where is this triplex located?
The property is located at 1525 5th Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Fully leased duplex with 3 units generating $37,800 in annual income; 1,656 SF total building size: 1,096 SF front duplex and 560 SF rear unit; Front duplex has two 1‑bedroom, 1‑bath units; rear unit has 2 bedrooms and 1 bath
