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About This Home
This 0-bedroom, 0-bathroom multi-family at 240 Indiana Avenue in Corpus Christi, TX is listed for $769,000 ($128 per sqft). Built in 1973, the home offers 6,000 sqft of living space on a 0.32 acres lot.
6-Unit Multifamily | All 2/2 Layouts | In-Unit W/D | DSCR-Friendly Investor-focused 6-unit property located just one block from Ocean Drive Corpus Christi, one of the most desirable rental corridors in Corpus Christi. What sets this property apart is a rare unit mix of all 2 bed / 2 bath units with in-unit washer and dryer connections -a combinatio
n that consistently drives stronger rents and tenant retention compared to typical multifamily inventory in the area. The property is currently generating $7,195/month with a clear path to approximately $7,800/month, and is positioned to qualify for DSCR financing based on in-place income , making it immediately actionable for investors.
Over $125,000 has been invested into the asset, including a new roof, recent interior and exterior paint, and overall improvements that allow for a true turnkey ownership experience . Several units feature balconies or decks, further increasing tenant appeal in this coastal location.
Surrounded by homes valued above $500,000, the property benefits from both strong rental demand and long-term appreciation fundamentals. This is a clean opportunity for a DSCR investor, 1031 exchange buyer, or VA buyer looking to occupy one unit while offsetting expenses with rental income . A stabilized asset with a tenant-friendly layout that is difficult to replicate at this price point.
Key Features
- Built in 1973
- 0.32 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$4,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
240 Indiana Avenue
Corpus Christi, TX 78404
Beau Jardin Condo / BessarPark
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 240 Indiana Avenue is listed at $769,000 ($128/sqft). The estimated monthly payment is $3,332 based on 20% down at 6.5% interest.
Key features include: Built in 1973, 0.32 acre lot, 2 stories.
This property is listed by Payton Dodson and can be reached at 3617427477 or paytondodson@gmail.com.




















