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Four-Unit Residential Income Property

2410 Capitan Drive Corpus Christi, TX 78414

2410 Capitan Drive, Corpus Christi, TX, 78414
$349,900
For Sale
$349,900

MULTI_FAMILY - Corpus Christi, TX

Property Size4,942 SF
Lot Size0.23 Acres
Price / SF$70.80
Days on Market51

Property Features for 2410 Capitan Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Assigned
Interior features
CableTv
Appliances
Dishwasher, ElectricOven, ElectricRange, Dryer
Standard status
Active
APN
990100020170
Size
4,942 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Description
WOOLDRIDGE CREEK #7 BLK 2 LOT 17
Tax Annual Amount
7732

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1983
Floors in Building
2
Flooring type
Carpet, Vinyl, Tile
Roof type
Shingle
Listing Agency Prime Real Estate
4926 Everhart, Portland, TX
Listed by Brooke LaClair · License #0618863
Added: May 28 Checked: Jul 17 at 7:06 am
MLS# 477097 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 four-unit residential income property features four spacious units within a single complex. Three units are configured as 2 bedrooms with 2.5 bathrooms, and the fourth unit offers 2 bedrooms with 1.5 bathrooms. Each unit includes two assigned parking spaces, with additional street parking available for guests. The property sits on a lot of 0.23 acres.

Located in the Southside of Corpus Christi, the property is described as convenient to shopping, entertainment, schools, parks, and major highways. It is also noted as being in a well-established neighborhood with mature trees.

As a multifamily asset, the building provides a consistent two-bedroom rental mix across all units, with bathroom configurations varying by unit. The available parking arrangement supports tenant use through assigned spaces plus street parking.

Key Highlights

  • Four‑unit 4‑plex built in 1983 in the southside of Corpus Christi
  • Unit mix: three units with 2 bedrooms and 2.5 bathrooms; one unit with 2 bedrooms and 1.5 bathrooms
  • Each unit includes two assigned parking spaces, plus ample street parking for guests

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 $48.6k $9.84
− Vacancy −$5.8k −$1.18
EGI $42.8k $8.66
− OpEx −$12.8k −$2.60
NOI $30.0k $6.06
4,942 SF · lease $9.84/SF/yr · vacancy 11.97% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$428.1K
$374.6K – $499.4K (±1% cap)
NOI $29,966 @ 7.0% cap · market cap 8.56%
Second Best
Apartment 5plus
$378.7K
$331.4K – $441.9K (±1% cap)
NOI $26,512 @ 7.0% cap · market cap 7.58%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.57M (±1% cap)
NOI $93,938 @ 7.0% cap · market cap 26.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Electrical Service Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Catering Service Plumbing Service HVAC Service Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Unique four-plex with three 2-bedroom, 2.5-bath units and one 2-bedroom, 1.5-bath unit, each with assigned parking.
Where is this quadplex located?
The property is located at 2410 Capitan Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Four‑unit 4‑plex built in 1983 in the southside of Corpus Christi; Unit mix: three units with 2 bedrooms and 2.5 bathrooms; one unit with 2 bedrooms and 1.5 bathrooms; Each unit includes two assigned parking spaces, plus ample street parking for guests
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