1802 MORGAN AVENUE, CORPUS CHRISTI, TX 78404
Homes for sale in Corpus Christi.
Homes for sale in 78404.
1802 Morgan Avenue
Corpus Christi, TX 78404
List Price$525,000
Listing #469858
About This Property
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.
Property Features
Location Information
County
Nueces
Subdivision
Bay View #3
Interior Features
Heating
Window Unit
Laundry
Dryer Hookup
Cooling
Window Unit(s)
Appliances
Electric Cooktop, Refrigerator, Dryer
Floors
Tile
Total Number of Units
0
Exterior Features
Stories
2
Lot Size in Acres
0.17
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
7,392
Water / Sewer
Public Sewer
Buildings
3
Water
Public
Has Waterfront
No
Parking Description
Asphalt
School
Elementary School District
Corpus Christi ISD
Middle School
Wynn Seale
Elementary School
Allen
High School
Miller
Additional Information
Roof/Attic
Metal
Property SubType 2
Residential
Other Utilities
Sewer Available, Water Available
Year Built
2017
Property Type
SFR
Status
Active
Property SubType
Multi Family
Square Feet Source
Appraiser
Similar Listings
Mortgage Calculator
$2,450
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,891
Monthly Tax
$437
Monthly Insurance
$122
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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