Video tour
$5,105 Closing Credit¹
Gene Guernsey, Listing Office: Gene Guernsey & Assoc.Realtors
$4,691
closing credit¹
2129 16th St Corpus Christi, TX 78404
$395,000 List price
$4,691
Closing credit¹
3,360 sqft
0.2 acres
$118 / sqft
Multi-Family
Property details
About 2129 16th St
This recently renovated 4-plex in the heart of Corpus Christi is a prime investment opportunity. Each unit features generous-sized rooms, washer/dryer hookups, and updated interiors, making it a desirable rental property with a 95% occupancy rate. With a current rent roll of $3,900 and a pro forma of $4,200, this property offers strong cash flow with room for growth. There are additional value-add opportunities, such as an exterior paint upgrade and implementing a RUBS (Ratio Utility Billing System), further boosting your return. Plus, there's potential to convert the back storage space into a 5th unit. This property is perfect for FHA buyers, offering a 3.5% down payment option to live in one unit while renting out the others. For investors, 1031 exchange and DSCR loan options are also available. This property is a part of a larger multifamily portfolio, with other properties available.
Highlights
Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,360 sqft
Lot size0.22 Acres
Year built1961
ParkingGravel
MLS #449089
Virtual tour
Summary
- MLS Number: 449089
- MLS Name: SouthTexasMLS
- Office Name: TruStar Real Estate
- Office Phone: (877) 400-0340
- Office Email: info@trustar.us
- Listing Agent: Payton Dodson
Based on Information provided by South Texas MLS, LLC ©2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein 'AS IS' and without any warranty, express or implied. The MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data. IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/29/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$395,000
2129 16th St
$4,691
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 12, 2012 | Home Sold | $70,862 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $187,441 | $4,927 |
| 2023 | $231,206 | $- |
| 2022 | $147,489 | $3,689 |
| 2021 | $142,357 | $3,510 |
| 2020 | $134,252 | $3,510 |
| 2019 | $71,970 | $1,953 |
| 2018 | $73,904 | $1,953 |
| 2017 | $60,000 | $3,685 |
History based on county public records data.
Nearby schools
6
Moses Menger Elementary School
Public District PK-5
0.3 mi
•2401 S Alameda St
5
Wynn Seale Metropolitan School of Design
Public District KG-6
0.4 mi
•1707 Ayers St
6
T. G. Allen Elementary School
Public District PK-5
0.9 mi
•1414 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,337. The most common annual income of people living in Corpus Christi, TX is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
41%
<35k
49%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
9%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Jack In The Box
What do the neighbors drive?
Volvo
BMW
Toyota
What do the neighbors listen to?
News
Jazz
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 2129 16th St in Corpus Christi, TX and zip code 78404 in the Bay Area neighborhood. This 3,360 square foot home, which was built in 1961, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $395,000.
The number of homes for sale in Corpus Christi, TX increased by 15.6% between November and December 2024. Listings spent 121 days on the market in December 2024, and had a median list price of $309,104 during the same period.
From Rocket Homes Real Estate and based on county public records data.