Four-Unit Quadplex with
For Sale
$850,000
2461 Avenue D, Ingleside, TX 78362
Residential, Ingleside, TX
Property Size5,196 SF
Lot Size0.43 Acres
Price / SF$163.59
Days on Market95
Property Features for 2461 Avenue D
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
Garage
Interior features
OpenFloorplan, WindowTreatments, BreakfastBar
Appliances
Dishwasher, FreeStandingRange, Disposal, Microwave, Refrigerator, RangeHood
Subdivision
Ingleside-R J Williams
Lot features
Corner Lot
Elementary school
Ingleside
Middle school
Ingleside
High school
Ingleside
Elementary school district
Ingleside ISD
Middle school district
Ingleside ISD
High school district
Ingleside ISD
Standard status
Active
APN
72762
Size
5,196 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Description
R J WILLIAMS ADDN BLK 29 LOTS 43 THRU 48
Tax Annual Amount
13671
Legal Description
R J WILLIAMS ADDN BLK 29 LOTS 43 THRU 48
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
laundry
private backyard
Building Details
Year built
2015
Floors in Building
2
Number of units
1
Flooring type
Tile
Roof type
Shingle
Listing Agency:
Ultima Real Estate
(972) 980-9393
Listed By:
Deborah McGraw · License #0697963
(361) 500-5543
Added: Jul 31
Changed: Sep 21
Last Checked: Nov 2 at 8:06AM
MLS# 480204
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.
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Investment Insights
Based on property information with market context.
This 2015 quadplex contains 4 units totaling 5,196 square feet on a 0.4304-acre parcel. Each residence provides 3 bedrooms, 2 bathrooms, an open-plan living area, a laundry area, a breakfast bar, tile flooring, and a private backyard. Individual garages and 2 parking spaces accompany each unit. Central electric heating and central air serve the property, while public water and public sewer provide utility service. The shingle roof is new.
The property is located at 2461 Avenue D in Ingleside, Texas, with schools and shopping nearby. All 4 units are currently occupied, and the building includes appliances such as ranges, refrigerators, dishwashers, disposals, microwaves, and range hoods.
The property is located at 2461 Avenue D in Ingleside, Texas, with schools and shopping nearby. All 4 units are currently occupied, and the building includes appliances such as ranges, refrigerators, dishwashers, disposals, microwaves, and range hoods.
Key Highlights
- 4 units with 3 bedrooms and 2 bathrooms each
- 5,196‑square‑foot quadplex on 0.4304 acres
- 100% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,027
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,540
$960.5K
Cap Rate 7%
$686,100
$686.1K
Cap Rate 9%
$533,633
$533.6K
Market Conditions
NOI Build-Up for 5,196 SF
Gross rent
$77.9K $15.00/SF
− Vacancy
−$9.3K −$1.80/SF
EGI
$68.6K $13.20/SF
− OpEx
−$20.6K −$3.96/SF
NOI
$48.0K $9.24/SF
Area
San Patricio County, TX
Vacancy
11.97%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,540
Cap Rate 7%
$686,100
Cap Rate 9%
$533,633
Alternative Uses
Best Use
Multifamily LT 5
$686.1K
$600.3K – $800.5K
NOI $48,027 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$608.0K
$532.0K – $709.4K
NOI $42,561 @ 7.0% cap · market cap 5.01%
Theoretical Best
Hotel Hospitality
$2.67M
$2.33M – $3.11M
NOI $186,588 @ 7.0% cap · market cap 21.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 78362, TX
10,238
Population
4,701
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
86%
High-School Grad
18.3 sq mi
ZIP Area
559
Density / Sq Mi
$78,698
Median Household Income
$41,240
Median Earnings
$1,226
Median Rent
$182,600
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer open-plan interiors, private backyards, individual garages, and dedicated parking.
Where is this quadplex located?
The property is located at 2461 Avenue D Ingleside, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4 units with 3 bedrooms and 2 bathrooms each; 5,196‑square‑foot quadplex on 0.4304 acres; 100% occupancy
