Bradley Schmidt - Coldwell Banker The Ron Brown Company Logo
Price Reduced Listing
$359,000
 $1,927 est/mo Sourced by Back At You

254 Rosebud Ave,Corpus Christi, TX 78404

Corpus Christi, TX 78404

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Description

Appraised at $395,000 this year - an opportunity to buy a cash-flowing fourplex below appraised value and step into instant equity. One block from Ocean Drive, this 4,696 SF fourplex features four 2-bed/1-bath units on a 10,498 SF lot. Two units have long-term tenants at approximately $1,050/month each, while two operate as STR/MTR units at approximately $1,350/month each, for approximately $4,800/month in total rental income. Ideal for FHA or VA owner-occupants looking to house hack: live in one unit while rental income from the other three helps offset the mortgage. Also a strong fit for conventional, DSCR, cash, and 1031 exchange buyers looking for an income-producing property with built-in equity. The property is already operating, with additional upside through rent growth, STR/MTR optimization, light unit improvements, and potential RUBS implementation. Located in the established Del Mar/Bessar Park neighborhood, walking distance to Del Mar College and minutes from downtown and the Spohn Shoreline hospital district. Buy below a recent $395K appraisal, gain immediate equity, and own four income-producing units in a location with year-round rental demand.

Details

MLS #479382
Listing TypeFor Sale
StyleFourplex
Sub-TypeResale
StatusActive
Year1942
Days On Site71
Listing Provided ByTruStar Real Estate | Payton Dodson

Features

SQ Feet4,696
Car PortYes
Story(s)2
Units4
Acreage0.24

Exterior

Lot FeaturesCorner Lot

Parking

Parking FeaturesCarport, Rear Side Off Street

Taxes

Tax Annual Amount12103

Area Information

StateTX
CountyNueces
CityCorpus Christi
Zip Code78404
Community NameBessar Park
Listing VS Median (in Bessar Park)
Price:
$359,000
low | high
Med:
$442,000
26.880222841226% of Average
sqft:
4,696
low | high
Med:
3,502
75.425894378194% of Average
$ / sqft:
$76
low | high
Med:
$140
32.702419502148% of Average
On site:
71
low | high
Med:
146.5
48.464163822526% of Average
Sourced by Back At You

Market Activity 78404

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Corpus Chrisiti Association of REALTORS®.

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Learn More About This Property

Bradley Schmidt

Bradley Schmidt

The Ron Brown Company Rockport

TREC #800571 (361) 362-5560bp.schmidt@outlook.com
StateTX
CountyNueces
CityCorpus Christi
Zip Code78404
Community NameBessar Park
Listing VS Median (in Bessar Park)
Price:
$359,000
low | high
Med:
$442,000
26.880222841226% of Average
sqft:
4,696
low | high
Med:
3,502
75.425894378194% of Average
$ / sqft:
$76
low | high
Med:
$140
32.702419502148% of Average
On site:
71
low | high
Med:
146.5
48.464163822526% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $269K - $448K
sqft: 3,500 - 5,500
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245 Oleander Ave Property Photo 1
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Listing Updated: September 15, 2026 at 5:45:43 PM PDT

Bradley Schmidt - Coldwell Banker The Ron Brown Company