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801 S Carancahua St 6 Unit Apartment Building $465,000 ($77,500/Unit) Corpus Christi, TX 78401
Investment Highlights
- 100% Leased
- Close to Downtown Corpus Christi
- On Site Coin Operated Washer and Dryer
Executive Summary
Great multifamily investment opportunity in Uptown Corpus Christi! Located up on the bluff but walking distance to the bayfront seawall. The property features six income-producing loft-style apartment units, each with one bathroom, thoughtfully arranged around a charming interior atrium creating a welcoming atmosphere for residents. Additional amenities include an on-site coin-operated washer and dryer, ample parking and each unit has their own private patio. Units 3 & 4 were renovated in 2025 and present an excellent opportunity to increase rents and enhance overall property cash flow. With a proven occupancy history, desirable location and attractive tenant amenities, this is an excellent opportunity for investors seeking a multifamily property with immediate income potential. Convenient access to downtown Corpus Christi, restaurants, shopping, entertainment and Corpus Christi Bay. Tenants are responsible for electric in their unit and their own cable/internet. LL pays city utilities, lawn care and electric for the common area.
Property Facts Under Contract
| Price | $465,000 | Building Class | C |
| Price Per Unit | $77,500 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 3,040 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1935 |
| Apartment Style | Low-Rise | ||
| Zoning | RM-3 | ||
| Price | $465,000 |
| Price Per Unit | $77,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,040 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1935 |
| Zoning | RM-3 |
Amenities
Unit Amenities
- Air Conditioning
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 241326 | Improvements Assessment | $442,986 |
| Land Assessment | $73,125 | Total Assessment | $516,111 |
Property Taxes
Parcel Number
241326
Land Assessment
$73,125
Improvements Assessment
$442,986
Total Assessment
$516,111
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801 S Carancahua St