Galveston TX Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Year built:
1957
Baths:
7.00
MLS#:
19878590
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

Discover a remarkable investment opportunity with substantial upside potential in this multi-family, multi-unit property. This charming property offers a total of 7 units across three unique and well-maintained buildings, ensuring excellent income potential. Single Family House at 1302 Winnie is as 2-bedroom, 1-bathroom home which features hardwood flooring and ample space, with potential for further build-out downstairs. Gorgeous Duplex at 1306-1308 Winnie was recently updated with new appliances, lighting, and renovated kitchen and bathrooms with granite countertops. Fourplex at 619 13th Street, each unit is a 2-bedroom, 1-bathroom, providing steady rental income. This package is currently 90% occupied and cash flowing, making it a solid income-producing investment. Situated just minutes from UTMB, the Seawall, the beach, and The Strand, perfect for attracting tenants and maximizing rental income. Don't miss out on this excellent investment opportunity! Schedule your viewing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
83835540
Subdivision:
Midtown

ADDITIONAL INFORMATION

VERY NICE 1 & 2 STORY REMODELED HOMES (FRONT 2/1 APPROX 940 SF /REAR 2/1.5 APPROX 876 SF). GRANITE KITCHENS W/ SUBWAY TILE BACKSPLASH, GAS STOVES, WASHER/DRYER, MINI-SPLIT WINDOW UNITS. NICE FRONT PORCH & LONG DIRVEWAY. MOVE IN CONDITION..

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1965
Baths:
5.00
MLS#:
7853507
Subdivision:
Standard Dredging

ADDITIONAL INFORMATION

This triplex offers a fantastic opportunity for steady rental income. Featuring three distinct apartments, the property includes: Two spacious 2-bedroom apartments: Ideal for families or roommates, providing ample living space and comfort. One cozy 1-bedroom apartment downstairs: Perfect for seeking a more compact, manageable space. Each apartment is equipped with central air and heat, ensuring year-round comfort. 2 new recent A/C units. The property has been partially updated, combining modern amenities with classic charm. Updated kitchens, etc. Located on a nice quiet street in Galveston. Whether you're an experienced investor or looking to start your portfolio, this triplex is a great find with potential for strong returns. Donât miss out on this opportunity to own a versatile income-producing property on Galveston Island. Call us today for a private tour!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1935
Baths:
2.00
MLS#:
33148894
Subdivision:
Forman A Ne 130

ADDITIONAL INFORMATION

Galveston's Midtown Area! Make your money work for you with this fantastic tri-plex investment property, ideally located in the heart of Galveston, just behind the seawall in the desirable Midtown area. This property features two identical units in the front main house and a modernized unit built over the garage. Recent updates include a complete exterior remodel, gutter repairs. Rear garage apt: rewiring, a new water heater, and fresh paint in 2018. In 2024, new ceiling fans, A/C window units, and refreshed interior paint, stairs, and decks were added to new interior paint and window blinds. In the front units, kitchen and bathroom electrical systems were updated in 2018, and the main sewer lines under the house, along with supply lines to the front house, have been replaced. All three units come with washer and dryer connections and appropriate electrical supply. This investment property offers a prime location, modern updates, and a great opportunity for continued rental income.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1914
Baths:
2.00
MLS#:
31707519
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

Rare chance to own the historic Melrose building on a prime corner lot near the Opera House! This property features 8 residential units and two street-level commercial spaces, with an additional unit currently used as a storage room. With over a century of history, the building has been meticulously maintained by the same family for over 30 years. Don't miss this unique opportunity! Check out the video tour!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1958
Baths:
1.00
MLS#:
89093571
Subdivision:
Denver Resurvey

ADDITIONAL INFORMATION

Fully occupied 5-unit complex for sale! 4-plex in the front and a single-family house in the back. All units have their own water & electric meter and tenants pay their own bills. Rent Roll & survey are attached in the listing. Currently no showings without an executed offer.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1957
Baths:
1.00
MLS#:
2606796
Subdivision:
Galveston Outlots

ADDITIONAL INFORMATION

Discover a historic corner store with spacious living quarters on the second floor, located on picturesque Galveston Island, Texas. The first floor houses a thriving business, offering an excellent blend of residential and commercial opportunities. Conveniently situated near the Gulf of Mexico's beachfront and the charming downtown area. Feel free to contact us with inquiries and to arrange your visit today.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1956
Baths:
5.00
MLS#:
13610665
Subdivision:
Galveston Outlots

ADDITIONAL INFORMATION

Smart Investment Opportunity. Beautiful 1913 home 2,469 square foot plus two apartments. This property brought in gross cash flow in excess of $93,000 in 2023 as a vacation rental of the main house and long term rental of the apartments. There is also the option to live in the main house with rental income from the apartments. This is a very lucrative opportunity. The main house is meticulously maintained, light filled with a mix of old charm architecture, unique features and modern day upgrades. The home comes fully furnished and tastefully staged with a total of 4 bedrooms & 3 full bathrooms. There are 2 ensuite bedrooms on the first floor. The kitchen is a cook's dream with updated appliances in 2024 and French antique cabinets. The other two bedrooms and full bathroom are upstairs with a big family room and plenty of walk-in closets. The second floor has a separate entrance from the side of the house which would enable an easy conversion to a 2/1 apartment.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1960
Baths:
3.00
MLS#:
98343175
Subdivision:
Galveston Outlots

ADDITIONAL INFORMATION

3 units - Bank REO The duplex main building, 3rd unit is a garage apartment. All are separately metered. Fresh remodel. 4 blocks from the seawall!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1982
Baths:
2.00
MLS#:
65613734
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

FANTASTIC INVESTMENT OPPORTUNITY!! This is a fully leased 14 unit complex on the East End of Galveston. Each unit boasts 2 bedroom, 1 1/2 baths, wood fireplaces, vinyl plank & tile flooring throughout, plenty of closet space, utility room in unit, patios and on-site parking. Renovated in 2020, these units offer contemporary finishes and modern conveniences. All appliances included. Strong rental demand for this location. Walking distance from UTMB, Galveston beaches, Historic Downtown, Strand District and Restaurants!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
4.00
MLS#:
73540823
Subdivision:
Hasselmeier Sw & Se 130

ADDITIONAL INFORMATION

This very well maintained apartment building located in Galveston, Texas is just walking distance from the beach. it houses 4 tastefully designed unites. It is close to every thing the Island has to offer but far enough off the major roads to be nice and quiet. The main house has three units and one unit over the garage. it has three, one bedroom units with a bath, kitchen and den. One, two bed room unit with a large kitchen and dining area.. It is fully occupied. Nice back balcony.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1960
Baths:
3.00
MLS#:
76790488
Subdivision:
Galveston Outlots

ADDITIONAL INFORMATION

Investor special. Ready for tenants, this two-unit investment property has been completely remodeled. The bottom unit features 3 bedrooms and 2 bathrooms, while the top unit offers 1 bedroom and 1 bathroom, both with in-unit laundry connections. Upgrades include a new roof, siding, exterior staircase, exterior paint, driveway concrete, front and back fence, sod, A/C, boiler, windows, and PEX and PVC plumbing. Cosmetic improvements consist of bamboo wood flooring, interior paint and baseboards, interior doors, recessed lighting, ceiling fans, and window blinds throughout. Each kitchen boasts new cabinets, quartz countertops, a sink, stove, and dishwasher. Bathrooms are upgraded with new cabinets, quartz countertops, shower doors, tile, and toilets.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1953
Baths:
2.00
MLS#:
54773632
Subdivision:
Denver Resurvey

ADDITIONAL INFORMATION

Welcome to 5015 Avenue M, a strategically located triplex offering an exceptional opportunity for investors seeking steady rental income in the heart of Galveston, TX. This property consists of three separate units, each uniquely designed to maximize comfort and functionality while ensuring a lucrative return on investment. Unit one (the front main house) consists of four bedrooms and two bathrooms, central AC, storm shutters, and vinyl flooring. Units two and three in the back of the property include two bedrooms and one bathroom, recently renovated with updated kitchens and bathrooms with vinyl flooring. Consistently high occupancy rates with long-term tenants. Rental income of $4676 total per month, with potential for rent increases in line with market trends. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this triplex represents a rare opportunity to acquire a turnkey property with immediate income potential!!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1926
Baths:
1.00
MLS#:
83050397
Subdivision:
Galveston Outlots

ADDITIONAL INFORMATION

Here is your unique opportunity to own an historic Galveston Island home just 2 blocks on a corner lot from the beautiful Gulf of Mexico! The property is just a short walk from Menard Park & its facilities, the Pleasure Pier, a trolley ride to the popular Strand district & cruise terminals, & is located near several restaurant hot spots. The main home features 1,426 square feet of living space with 3 bedrooms & 1 bath above what used to be an early twentieth century neighborhood meat market; as well, has an outdoor elevator, electric gate, & 1 car garage. Nestled at the rear of the property is a 1,000 square foot, 2 bedroom, 1 bath cottage with new wiring & plumbing. It was built in the 1800's & moved from a previous location onto the existing lot; loaded with potential. There is plenty of open space on the 11,013 square foot lot just waiting for your ideas to be implemented. This property is considered residential but can be used commercially as well so don't miss out!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1906
Baths:
2.00
MLS#:
5595194
Subdivision:
Druss Sub 96

ADDITIONAL INFORMATION

This stunning TRIPLEX, built in 1906, is a fully renovated and furnished gem just 3 blocks from UTMB. Custom kitchens, open floor plans, and designer decor make this income producing property a showstopper. Original hardwood ceilings, luxury vinyl plank flooring, and shiplap walls add character to each unit. In unit washer, dryer, and TV included. Shared courtyard features a pergola, swing, bench, and custom murals. All units are leased by med students and surgical fellows, making this a great investment opportunity. Tenant in unit B is moving out in November, opening up an opportunity for an owner occupied purchase. Each units electricity is metered separately. Fully furnished. Don't miss out on this magazine-worthy property - schedule your showing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1955
Baths:
2.00
MLS#:
84887931
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

Investors take notice!!! 3515 Winnie St. offers a rare opportunity to own an income producing duplex just minutes from blue water, Galveston College and all the amenities an owner could need. This two-unit property, each unit with 2 beds and 1 bath, has been updated with tile and hardwood floor, new appliances and fresh paint. Excellent opportunity for a first time investor looking to occupy one unit and cover costs with the second. Donât let your buyers miss this unbelievable opportunity.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1960
Baths:
1.00
MLS#:
24644788
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

Investors Dream!! Strong Investment Opportunity located just 6 blocks from the beach in Galveston and just a short bike ride to the various medical centers,Universities and the Historic Strand. This newly renovated modern 4 plex is currently rented and generating income from tenants. Each unit upstairs is a 1/1 equipped with all new stainless steel appliances,quartz countertops, mini splits and. Washer/dryer in each of the 4 units. The downstairs front unit is a 2/1 and the back unit is a 3/1. Buy it live in 1 and rent the rest or Airbnb it. Donât let this incredible investment opportunity pass you by.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1950
Baths:
1.00
MLS#:
65622836
Subdivision:
Robert I Cohen

ADDITIONAL INFORMATION

Looking for an investment property? This could be the one! Fully fenced duplex conveniently located near 61st Street. Ready to make your own, the upstairs unit is 2 bedrooms, 1 bath with microwave, wood floors and Central A/C. It also features a large deck to relax on in the evenings while watching the boaters in Offatts Bayou. The downstairs unit is a 1 bedroom, 1 bath unit with tile floors, gas stove and microwave. This property is fully fenced and even has a 1 car garage. Built in the 1950's per seller. All square footage and dimensions are approximate.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
2.00
MLS#:
39286003
Subdivision:
Denver Resurvey

ADDITIONAL INFORMATION

Adorable duplex. The 5404 unit is vacant and can be shown with appt. It has been recently remodeled with new Kitchen, floors and paint. Lots of storage. The other unit is occupied and can only be viewed on second showing. It has its original and charming tile counters in kitchen and a one car garage.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
1
Year built:
1960
Baths:
1.00
MLS#:
34867416
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

Discover this charming duplex near the beach and downtown area, with two 2-bedroom units offering comfortable living spaces. The lower unit features 816 sq ft, while the upper unit includes a private balcony and 912 sq ft of space. Currently rented, this property presents a great opportunity for rental income. With potential for conversion to a 4 bed/2 bath single-family home, this property offers versatility for investors or homeowners alike. Total rental income is $2,025 monthly.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1906
Baths:
MLS#:
75617699
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

Beautifully remodeled Historic Duplex with garage apartment. All units have W/D, Granite and/or hardwood floors, Granite countertops, offstreet parking, outdoors space balcony or small yard. Great income property close to UTMB. Upstairs unit is furnished and has Gulf view. Downstairs unit has centrals. All units currently leased can show unit 2 only. The other 2 can be shown on second showing.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1969
Baths:
1.00
MLS#:
85747043
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

Unique opportunity to own a well-maintained low maintenance investment property. This is a townhome style 7 unit apartment complex with great cash flow. Property is accepted by GHA & section 8. New roof December 2020. Exterior freshly painted and all new outside light fixtures March 2021. Main breakers and condo breakers replaced in 2019, Individually metered for Gas, electric and water. First floor is all tiled, second floor is all laminated and 6 of 7 bathrooms are tiled. Large dedicated concrete slab parking with 11 spaces, 1 dedicate for each unit. 13104 sqft lot size with spacious 1100 sqft units, Features 2 nice size bedrooms upstairs master with walk in closet, each with 1 full bath, Kitchen/Dining and living room downstairs with washer/dryer connections. Tenants pay for all their utilities. Convenient to Broadway, bus service and Downtown Galveston. Seven blocks from the seawall. All units are currently leased.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1958
Baths:
3.00
MLS#:
93094126
Subdivision:
Galveston Townsite

ADDITIONAL INFORMATION

CHARMING DUPLEX IN GALVESTON'S EAST END HISTORIC DISTRICT. This two-story duplex in Galveston's East End Historic District offers a unique blend of history and modern convenience. Built in 1873 by Thomas Cordray, it stands as a testament to the area's rich history, with several Cordray family homes nearby. The property features a two-bedroom apartment on the first floor with a charming porch and wood floors. Upstairs, a two-bedroom, two-bathroom apartment boasts abundant natural light and attic space. Currently serving as a long-term rental, it holds potential for medical students or can be easily converted into a short-term rental or single-family home. Located within walking distance to UTMB and Galveston Downtown Strand, it epitomizes the distinctive lifestyle of Galveston living. Experience the allure of Galveston's East End Historic District, where timeless charm meets coastal living.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1968
Baths:
1.00
MLS#:
40608047
Subdivision:
Farb A C Sub 91

ADDITIONAL INFORMATION

A must see investment opportunity for this duplex. Close to the beach, low/no flood zone area and this property is the first block, unrestricted, from the vacation rental area of Denver Court. You can make this a full time living property, long term rentals, vacation rentals, and more. Downstairs is 2 bedrooms, 1 full bath, large living area, dining room with hutch built ins, kitchen with quartz counter tops and CA/CH. Upstairs is 1 bedroom, 1 bath, large living area, dining room, kitchen and CA/CH. Upstairs and down have beautiful original wood flooring and each unit has their own entrances. 2 car garage with laundry facilities, and another 1 car garage with laundry facilities. Fully fenced back yard. Both units are fully metered separate. Just a couple blocks from the beach. Great Investment opportunity.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
1
Year built:
1958
Baths:
1.00
MLS#:
1059025
Subdivision:
Galveston Outlots

ADDITIONAL INFORMATION

FABULOUS Duplex vacation rental Home- Epic Location a short 3-minute walk from the beach! Only 2 blocks from the seawall. Close to Pleasure Pier, The Spot and all Galveston attractions. Superhost rental per AirBNB! Home is completely furnished and ready for your vacations or rental! This is a duplex one up and one down. Each unit features 1 Bedroom with a queen size bed TV's and a sleeper sofa Queen in Living room with TVâs laptop friendly work space and Fully equipped kitchen. Nice Balconies with chairs where you can sit and enjoy the breeze and ocean sounds. Located in a great area on Galveston Island will even consider leaving the HotTub Featured. 2 off-street parking spots in the back, street parking in the front. Must see!!!

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Copyright © 2024, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



Galveston Real Estate

The median home value in Galveston, TX is $201,900. This is lower than the county median home value of $207,700. The national median home value is $219,700. The average price of homes sold in Galveston, TX is $201,900. Approximately 27.55% of Galveston homes are owned, compared to 37.1% rented, while 35.35% are vacant. Galveston real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Galveston real estate agent to arrange a tour today!

Galveston, Texas has a population of 49,706. Galveston is less family-centric than the surrounding county with 21.54% of the households containing married families with children. The county average for households married with children is 33.98%.

The median household income in Galveston, Texas is $42,486. The median household income for the surrounding county is $65,702 compared to the national median of $57,652. The median age of people living in Galveston is 38.5 years.

Galveston Weather

The average high temperature in July is 89.5 degrees, with an average low temperature in January of 47.4 degrees. The average rainfall is approximately 52.5 inches per year, with 0 inches of snow per year.

Galveston Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    1,385
    30-day change

Galveston Schools and Demographics

Education near Galveston, TX

Metric City County
High School Graduates 83.38 87.97
College Degree - 2 year 6.92 9.02
College Degree - 4 year 28.82 29.47
Graduate Degree 5.97 6.67
Expenditures per Student 12,887 9,312
Students per Teacher 17.9 25.8

Elementary Schools near Galveston, TX

School Grades Students P/T Ratio ZIP
Ambassadors Preparatory Academy PK - 08 308 14.8 77551
Bay Elementary School PK - 05 785 17.7 77568
Burnet/ECU PK - 04 521 19.7 77550
Calvin Vincent Pre-K Head Start PK - PK 227 19.6 77590
Coastal Village Elementary PK - 04 586 20.6 77550
Early Childhood Learning Center PK - KG 472 24.2 77568
La Marque Elementary 01 - 04 612 16 77568
Mainland Preparatory Academy PK - 08 437 13.7 77568
Morgan El Magnet School PK - 04 623 17.3 77550
Oppe Elementary School PK - 04 724 17 77554
Parker Elementary PK - 04 620 19.4 77551

Middle Schools near Galveston, TX

School Grades Students P/T Ratio ZIP
Austin Middle School 05 - 08 520 16.1 77550
Central Middle School 07 - 09 223 13.3 77550
Coastal Village Middle 05 - 08 311 18.6 77551
La Marque Int. 05 - 06 310 16.5 77568
La Marque J H School 07 - 08 249 20.9 77568
Renaissance Academy 06 - 09 134 17.2 77568
Rosenberg Elementary 02 - 04 0 77550
Scott Collegiate Academy 05 - 09 513 12.3 77550
Weis Middle School 05 - 06 166 9.1 77550

High Schools near Galveston, TX

School Grades Students P/T Ratio ZIP
Ball High School 09 - 12 1,889 15.8 77550
La Marque High School 09 - 12 519 13.9 77568

Ungraded Schools near Galveston, TX

School Grades Students P/T Ratio ZIP
Aim College & Career Prep 06 - 12 114 12.2 77550
Coastal Alternative Program (Cap) 08 - 10 6 77590
DAEP 07 - 10 8 3 77568
Odyssey Academy PK - 10 761 17.4 77551
Premier Learning Academy KG - 12 510 14.7 77568
Special Ctrs UG - UG 0 77550
Woodrow Wilson DAEP 06 - 12 49 8.6 77590

Demographics near Galveston, TX

Metric City County
Neighborhood Type
Population 49,706 321,184
Population Density 1,208 848
Median Age 38.5 37.6
People per Household 2.2 2.7
Median Household Income 42,486 65,702
Average Income per Capita 28,227 33,870