USATXCorpus ChristiBessar Park254 Rosebud Ave

254 Rosebud Ave, Corpus Christi, TX

House

For Sale

Listed price in listed location currency (USD).

$369,900

000

MLS® 479382

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential

Size 4696 sqft

Garage

Taxes $12,103

Days Active 0

Lot Size 0.24 Acres

Approx. Age 1942

Avg. Price Per Sqft $78

MLS® Number 479382

Property Address: 254 Rosebud Ave, Corpus Christi, TX, 78404-1775

Average square foot calculated using Size range provided by listing agent.

Description

Seller Financing Available. A cash-flowing fourplex, one block off Ocean Drive, priced to clear the 1% rule on real rent — and open to flexible terms. Whether you're moving in, adding a stabilized asset to your portfolio, or racing a 1031 clock, this is a rare combination of location, income, and deal structure that doesn't come around often in this neighborhood. Fourplex — all 2-bed / 1-bath units, 4, 696 SF total on a 10, 498 SF lot. Current income mix: 1 long-term tenant, 3 units operated as MTR/STR Rent collected: ~$4, 438/mo — clears the 1% rule at list price (~1.2% rent-to-price ratio) Owner-occupants (FHA): Move into one unit and let the other three carry your mortgage. FHA financing opens the door with as little as 3.5% down, and the existing rent roll already supports strong debt coverage. Rarely does a property this well-located pencil this easily for a first-time buyer. Value-add investors: A stabilized asset that already cash flows, with upside still on the table — light unit turns, further STR/MTR optimization, and RUBS not yet implemented. You're not betting on a turnaround; you're buying performance and layering on growth. 1031 exchange buyers: Clean, income-producing, and easy to underwrite fast — built for buyers working against exchange deadlines who need certainty, not a project. Deal Terms — Built for Buyers — Seller financing available — flexible down payment and interest-only terms, ask for details. All-cash offers reviewed and prioritized. Open to FHA, DSCR, conventional, and 1031 exchange buyers. One block from Ocean Drive, in the established Del Mar / Bessar Park neighborhood. Walking distance to Del Mar College; minutes from downtown and the Spohn Shoreline hospital district. Zoned to Menger Elementary, Baker Middle (rated "A"), and Ray High School. Real cash flow, flexible terms, and a location that holds tenant demand year-round — this is a property built to close.

MLS® Number479382

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1942

Basement

DrivewayCarport, Rear Side Off Street

Garage Spaces

HeatWindow Unit, Central, Gas

A/CWindow Units

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 13, 2026List Date

$369,900List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker