2851 Highland Avenue, Corpus Christi, TX 78405
MULTI_FAMILY - Corpus Christi, TX
- Added:
- Jun 12, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 2851 Highland Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Appliances
- ElectricOven, ElectricRange
- Standard status
- Active
- APN
- 532400040040
- Size
- 4,108 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Description
- MONTROSE PARK BLK 4 LOT 4A
- Tax Annual Amount
- 11461
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing agent Brooke LaClair License #0618863 (361) 765-1003
Listing office Prime Real Estate 4926 Everhart, Portland, TX (361) 334-7653
Listing date Jun 12, 2026
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 6‑plex multifamily property (100% occupancy) in Corpus Christi
- All units have 2‑bedroom, 1‑bath floor plans with central air and central electric heat
- Washer and dryer hookups in each unit
- Tenants pay their own utilities
- On‑site parking lot plus on‑street parking
- Built in 2006; shingle roof; public water and public sewer
Overview
The building is located at 2851 Highland Avenue in Corpus Christi, Texas, in Nueces County. The listing describes the asset as being in central Corpus Christi, with proximity to employment, shopping, dining, and major transportation corridors.
For tenants and buyers seeking a smaller residential income asset, the uniform unit mix and in-unit laundry hookups are practical features for day-to-day living and leasing. The property is reported as fully occupied, and tenants pay their own utilities, which may reduce owner utility expenses. With on-site parking and consistent unit layouts across all six units, this offering may appeal to investors looking for a straightforward 6-plex configuration in central Corpus Christi.
Local Financial Insights For Apartment 5plus
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 | $79.9k | $19.44 |
| − Vacancy | −$10.1k | −$2.45 |
| EGI | $69.8k | $16.99 |
| − OpEx | −$31.4k | −$7.65 |
| NOI | $38.4k | $9.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.422031
- Latitude
- 27.781575
