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    Four-Plex with Garages Title is generated by Realmo AI

    2540 Avenue C, Ingleside, TX 78362

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    Claim this Listing
    New
    For Sale
    $850,000

    MULTI_FAMILY - Ingleside, TX

    Property size:
    5,044 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $168/SF
    Added:
    Jul 2, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 7 at 7:06 am

    Property Features for 2540 Avenue C

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    12
    Bathrooms
    8
    Rooms
    Bedroom 8, Bedroom 11, Bathroom 7, Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 1, Bedroom 10, Bathroom 3, Bedroom 9, Bedroom 12, Bathroom 8, Bathroom 2, Bedroom 7, Bedroom 5, Bathroom 6, Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 1
    Parking
    10
    Parking features
    Garage
    Patio and Porch features
    Patio
    Interior features
    OpenFloorplan, WindowTreatments, BreakfastBar
    Appliances
    Dishwasher, FreeStandingRange, Disposal, Microwave, Refrigerator, RangeHood
    Standard status
    Active
    APN
    71872
    Size
    5,044 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Description
    R J WILLIAMS ADDN BLK 19 LOTS 19 THRU 24
    Tax Annual Amount
    12266

    Utilities

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

    Building Details

    Year built
    2008
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile
    Roof type
    Shingle

    We can help!

    Contact an agent
    Deborah McGraw

    Listing agent Deborah McGraw License #0697963

    Listing office Ultima Real Estate 5220 Spring Valley Rd Ste 160, DALLAS, TX

    Listing date Jul 2, 2026

    MLS# 478727 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.

    HighLights

    • Fully occupied 4‑plex in the heart of Ingleside with 3‑bedroom, 2‑bath apartments
    • 4 garages with plenty of parking and a fully fenced property
    • Open floor plan interiors with breakfast bar, window treatments, and tile flooring
    • Central air and central electric heating for comfortable year‑round living
    • Appliances include dishwasher, microwave, refrigerator, and range with range hood
    • Built in 2008 with a shingle roof; public water and public sewer

    Overview

    This fully occupied four-plex features four open-plan apartments, each offering three bedrooms and two bathrooms. The property includes four garages and plenty of parking, and it is fully fenced. A new roof has been installed, supporting the building’s current exterior condition.

    Located in Ingleside, Texas, the property sits on a 0.43-acre lot at 2540 Avenue C. The listing notes a “heart of Ingleside” setting, with the on-site parking and enclosed yard configuration designed to support straightforward tenant use.

    For tenants seeking a three-bedroom, two-bath layout, the apartments provide a functional open-plan arrangement alongside private garage space. For buyers, the combination of an income-producing four-unit configuration, existing occupancy, new roofing, and a fenced site offers a practical residential income setup. Please contact the listing broker for additional details on rents and unit features not covered in the remarks.

    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 $75.7k $15.00
    − Vacancy −$9.1k −$1.80
    EGI $66.6k $13.20
    − OpEx −$20.0k −$3.96
    NOI $46.6k $9.24
    5,044 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $666.0K
    $582.8K – $777.0K (±1% cap)
    NOI $46,622 @ 7.0% cap · market cap 5.48%
    Second Best
    Apartment 5plus
    $590.2K
    $516.5K – $688.6K (±1% cap)
    NOI $41,316 @ 7.0% cap · market cap 4.86%
    Theoretical Best
    Hotel Hospitality
    $2.59M
    $2.26M – $3.02M (±1% cap)
    NOI $181,130 @ 7.0% cap · market cap 21.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom Department Store HVAC Service Auto Parts Store Pharmacy Grocery & Convenience Store Electrical Service Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Ingleside
    County
    San Patricio
    State
    Texas
    Longitude
    -97.214214
    Latitude
    27.872786

    FAQs

    What type of property is this?
    Quadplex - Fully occupied four-unit rental with open-plan layouts, three bedrooms, two baths, garages, and ample parking.
    Where is this quadplex located?
    The property is located at 2540 Avenue C 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: Fully occupied 4‑plex in the heart of Ingleside with 3‑bedroom, 2‑bath apartments; 4 garages with plenty of parking and a fully fenced property; Open floor plan interiors with breakfast bar, window treatments, and tile flooring
    More about this property
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