Renovated Corpus Christi Fourplex
642 Robinson Street, Corpus Christi, TX 78404
MULTI_FAMILY - Corpus Christi, TX
Property size:
3,072 SFLot size:
0.22 AcresPrice / SF:
$143/SF- Added:
- Jan 26, 2026
- Days on Market:
- 127
- Last Refresh:
- Jun 2 at 2:06 am
Property Features for 642 Robinson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 4
- Parking
- 6
- Parking features
- Off Street, On Street
- Patio and Porch features
- Patio
- Interior features
- OpenFloorplan, WindowTreatments
- Appliances
- ElectricCooktop, ElectricOven, ElectricRange, GasCooktop, GasOven, GasRange, Refrigerator, Dryer, Washer
- Standard status
- Active
- APN
- 447500380100
- Size
- 3,072 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- LINDALE PARK 4 W20' LT 10 ALL LT 11 BLK 38
- Tax Annual Amount
- 3707
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating), Natural Gas
- Cooling system
- Gas (Cooling), Ductless, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Brick, Frame, HardiplankType, ShingleSiding, WoodSiding
- Roof type
- Shingle
Listing agent Brenton Reagan License #0669077 (512) 736-2695
Listing office Cass Real Estate 401 US Hwy 181, Portland, TX (361) 643-2662
Listing date Jan 26, 2026
MLS# 470585
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
- High CAP Rate: Property boasts an impressive 10.3% CAP rate.
- Fully Renovated: Enjoy peace of mind with a property renovated from the ground up since 2023, including foundation work, new flooring, paint, and appliances.
- Income‑Producing: Currently 100% occupied with a mix of long‑term and mid‑term fully furnished units.
- Furnished Units: Three units are fully furnished with all bills paid, and furnishings convey.
- Mini‑Split Systems: All units are equipped with mini‑split air conditioning systems.
- Four 2/1 Units: All four units feature a desirable 2 bedroom, 1 bathroom layout.
Overview
This renovated fourplex in Corpus Christi, Texas, is currently 100% occupied. The property features one unfurnished unit for long-term leases and three fully furnished, all-bills-paid units for mid-term leases, typically one to six months. The furnishings and decor in the three furnished units are included. Since 2023, the property has undergone extensive renovations, including foundation work with new subfloors, mini-split air systems in all units, vinyl plank flooring, and fresh interior and exterior paint. New appliances and furniture have also been installed. Each of the four units has two bedrooms and one bathroom (2/1), with two units located downstairs and two upstairs. A central indoor stairway provides access to the upper units. Each unit also has a back door leading to a common area with a shared laundry closet. The washer and dryer are included. Three stoves are gas, and one is electric. Water and gas are on master meters and are landlord expenses. Electric meters are individual for each unit. Awnings are provided for the tenant parking area in the rear. The property is situated on a 0.22-acre lot.
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 | $50.9k | $16.56 |
| − Vacancy | −$6.1k | −$1.98 |
| EGI | $44.8k | $14.58 |
| − OpEx | −$13.4k | −$4.37 |
| NOI | $31.3k | $10.20 |
3,072 SF · lease $16.56/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.8K
$391.9K – $522.5K
NOI $31,348 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$410.1K
$358.8K – $478.5K
NOI $28,707 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$731.0K
$639.6K – $852.8K
NOI $51,167 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.393561
- Latitude
- 27.755058
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Renovated fourplex in Corpus Christi, 100% occupied with strong CAP.
Where is this quadplex located?
The property is located at 642 Robinson Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: High CAP Rate: Property boasts an impressive 10.3% CAP rate.; Fully Renovated: Enjoy peace of mind with a property renovated from the ground up since 2023, including foundation work, new flooring, paint, and appliances.; Income‑Producing: Currently 100% occupied with a mix of long‑term and mid‑term fully furnished units.
