# 240 Indiana Avenue, Corpus Christi, TX 78404

> **TL;DR:** multi-family, $769,000 ($128/sqft), built 1973, 6,000 sqft.
> A/C. Est. $3,332/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $769,000 |
| Price/sqft | $128 |
| Square Feet | 6,000 |
| Year Built | 1973 |
| Lot Size | 13,939 sqft (0.32 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,332 |
| **Total** | **$3,332** |

## Nearby Schools

- **Elementary:** Menger
- **Middle:** Baker
- **High:** Ray

## Key Amenities

- A/C

## Property Highlights

- Built in 1973
- 0.32 acre lot
- 2 stories

## Description

### Agent Description
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 combination 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.

## Location

- **Address:** 240 Indiana Avenue, Corpus Christi, TX 78404
- **County:** Nueces
- **Neighborhood:** Beau Jardin Condo / BessarPark
- **Coordinates:** 27.768381, -97.389858
- **Google Maps:** https://www.google.com/maps?q=27.768381,-97.389858

## Listing Agent

- **Name:** Payton Dodson
- **Brokerage:** TruStar Real Estate
- **Phone:** 3617427477
- **Email:** paytondodson@gmail.com

## Primary Photo

![240 Indiana Avenue - Primary Photo](http://lh.rdcpix.com/431bff1c057dc48750addb4d48f51448l-f307374649r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/240-indiana-avenue-corpus-christi-tx-78404-x474975)*

---

**MLS#:** 474975 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/240-indiana-avenue-corpus-christi-tx-78404-x474975)

---

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