Turnkey Duplex Near Corpus Christi
326 Oleander Avenue, Corpus Christi, TX 78404
MULTI_FAMILY - Corpus Christi, TX
Property size:
1,835 SFLot size:
0.16 AcresPrice / SF:
$179/SF- Added:
- Jan 30, 2026
- Days on Market:
- 106
- Last Refresh:
- May 16 at 8:06 am
Property Features for 326 Oleander Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
- Parking
- 2
- Parking features
- Garage, Assigned
- Patio and Porch features
- Patio
- Interior features
- CeilingFans
- Appliances
- Dishwasher, FreeStandingRange, GasOven, GasRange, Microwave
- Standard status
- Active
- APN
- 718300050070
- Size
- 1,835 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- REST HAVEN BLK 5 LOT 7
- Tax Annual Amount
- 4894
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Tile
- Building materials
- HardiplankType
- Roof type
- Shingle
Listing agent Liz Canchola License #0755930 (361) 903-0919
Listing office Group One Real Estate 5302 Everhart Rd, Corpus Christi, TX (361) 991-9111
Listing date Jan 30, 2026
MLS# 470706
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
- Rare turnkey duplex built in 2003, ideal for owner‑occupants or investors.
- Two 2‑bed/1‑bath units feature private entrances, covered patios, and fully‑fenced backyards.
- Each unit includes a 1‑car garage and dedicated washer/dryer room.
- Convenient location in the Bay Area, near amenities, restaurants, and the Bayfront.
- Separately metered units with central HVAC.
- FHA/VA buyers welcome.
Overview
This duplex, constructed in 2003, is located in the Bay Area of Corpus Christi. The property contains two units, each featuring two bedrooms and one bathroom. Each unit has a private entrance, an inviting living room with crown molding and recessed lighting, a functional galley kitchen with ample cabinetry, and a dedicated washer and dryer room that provides access to its own attached one-car garage. Each unit also includes a covered patio and a fully fenced backyard. The property is situated near grocery stores, parks, schools, hospitals, and local restaurants, with convenient access to the Bayfront and a short drive to Downtown Corpus Christi and Texas A&M-CC. Each unit is separately metered and equipped with central HVAC. The lot size is 0.16 acres, and the property size is 1835 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$208.1K
NOI $18,725 @ 9.00% cap · cautious / downside scenario
Moderate
$267.5K
NOI $18,725 @ 7.00% cap · market / base-case scenario
Aggressive
$374.5K
NOI $18,725 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.4k | $16.56 |
| − Vacancy | −$3.6k | −$1.98 |
| EGI | $26.8k | $14.58 |
| − OpEx | −$8.0k | −$4.37 |
| NOI | $18.7k | $10.20 |
1,835 SF · lease $16.56/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$267.5K
$234.1K – $312.1K
NOI $18,725 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$245.0K
$214.4K – $285.8K
NOI $17,148 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$436.6K
$382.1K – $509.4K
NOI $30,564 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.391226
- Latitude
- 27.765297
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-designed duplex with two units, ideal for owner-occupants or investors.
Where is this duplex located?
The property is located at 326 Oleander Avenue Corpus Christi, TX.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Rare turnkey duplex built in 2003, ideal for owner‑occupants or investors.; Two 2‑bed/1‑bath units **feature private entrances, covered patios, and fully‑fenced backyards.**; Each unit includes a 1‑car garage and dedicated washer/dryer room.
