Two-Unit Duplex with
For Sale
$682,500
15642 Cruiser St A&B, Corpus Christi, TX 78418
Built in 2018, the property offers private entrances, studies, and separate laundry areas for both residences.
Property Size3,418 SF
Days on Market60
Property Features for 15642 Cruiser St A&B
General Information
Standard status
Active
Size
3,418 SF
Total Parking Spaces
4
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA + study
Multifamily Units
2
Parking per Unit
2
Building Details
Building Size
3,418 SF
Year Built
2018
Buildings
1
Listing Agency:
Coldwell Banker Island Escapes
Listed By:
Cindy Molnar · License #0399696
(361) 549-5557
Source:
National-onerealty
Added: Aug 17
Changed: Oct 13
Last Checked: Oct 15 at 8:13AM
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 Coldwell Banker Island Escapes
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Investment Insights
Based on property information with market context.
Completed in 2018, this duplex contains two residential units with independent private entrances. Each residence includes three bedrooms, two full bathrooms, a study, and an open living area. Both units also provide a two-car garage, a separate laundry room, and tile flooring throughout.
The kitchens are equipped with white cabinetry, granite countertops, and stainless steel appliances. The layout combines practical household spaces with dedicated studies and garage storage, creating a consistent configuration across both residences.
The kitchens are equipped with white cabinetry, granite countertops, and stainless steel appliances. The layout combines practical household spaces with dedicated studies and garage storage, creating a consistent configuration across both residences.
Key Highlights
- Two residential units, each with a private entrance
- Each unit includes 3 bedrooms, 2 full bathrooms, and a study
- Two‑car garage provided for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,329
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,580
$606.6K
Cap Rate 7%
$433,271
$433.3K
Cap Rate 9%
$336,989
$337.0K
Market Conditions
NOI Build-Up for 3,418 SF
Gross rent
$49.2K $14.40/SF
− Vacancy
−$5.9K −$1.72/SF
EGI
$43.3K $12.68/SF
− OpEx
−$13.0K −$3.80/SF
NOI
$30.3K $8.87/SF
Area
ZIP 78418
Vacancy
11.97%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,580
Cap Rate 7%
$433,271
Cap Rate 9%
$336,989
Alternative Uses
Best Use
Multifamily LT 5
$433.3K
$379.1K – $505.5K
NOI $30,329 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$383.1K
$335.2K – $446.9K
NOI $26,814 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,463 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
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Business Placement
Demographics for 78418, TX
31,787
Population
16,171
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
73.3 sq mi
ZIP Area
434
Density / Sq Mi
$91,443
Median Household Income
$51,914
Median Earnings
$1,301
Median Rent
$274,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2018, the property offers private entrances, studies, and separate laundry areas for both residences.
Where is this duplex located?
The property is located at 15642 Cruiser St A&B Corpus Christi, TX.
What is the asking price?
The asking price for this property is $682,500.
What are key features of this property?
This property features: Two residential units, each with a private entrance; Each unit includes 3 bedrooms, 2 full bathrooms, and a study; Two‑car garage provided for each residence
