Corpus Christi, TX 78404,1802 Morgan AVE
Corpus Christi, TX 78404,1802 Morgan AVE
Corpus Christi, TX 78404,1802 Morgan AVE
Corpus Christi, TX 78404,1802 Morgan AVE
Corpus Christi, TX 78404,1802 Morgan AVE
Corpus Christi, TX 78404,1802 Morgan AVE
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$ 525,000
Est. payment | /mo

3,232 SqFt


$ 525,000
Est. payment | /mo

3,232 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,232 sqft

Price per Sqft $162

Subdivision Bay View #3

MLS Listing ID 469858

HOA Y/N No

Year Built 2017

Annual Tax Amount $4,833

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Multi Family

Property Description

Excellent value-add opportunity in a CG-2 (General Commercial) zoning district. This income-producing property is currently configured with five residential units plus a downstairs commercial/storage space, all fully leased and generating $3,800 per month in stable income.

The CG-2 zoning allows for a wide range of commercial uses, offering strong upside potential through repositioning the residential units to commercial tenants and increasing rents over time. Investors can enjoy immediate cash flow while exploring redevelopment or re-tenanting strategies to maximize returns.

Well-suited for a first-time investor or a buyer looking to add a flexible, mixed-use asset to their portfolio with both income stability and long-term growth potential.

Location

State TX

County Nueces

Interior

Heating Window Unit

Cooling Window Unit(s)

Flooring Tile

Fireplace No

Appliance Electric Cooktop, Refrigerator, Dryer

Laundry Dryer Hookup

Exterior

Parking Features Asphalt

Utilities Available Sewer Available, Water Available

Roof Type Metal

Building

Lot Description Other

Story 2

Entry Level Two

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Allen

Middle Schools Wynn Seale

High Schools Miller

School District Corpus Christi Isd

Others

Tax ID 048800040100

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cor/469858

Corpus Christi/Coastal Bend (CCMLS) - South Texas MLS
Listed by DH Realty Partners Inc • James Magill
Rene Solis

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1802 Morgan AVE