Galveston TX Multi Family for Sale

ADDITIONAL INFORMATION

Historic 1924 Keystone brick building at 1502 39th St. in Galveston, featuring over 13,000 sq ft of rentable space, including two vacation condos, four commercial units, and more. Originally a pharmacy, it now hosts a bakery, cooking school with a commercial kitchen, market, community center, and private gym. The property has central HVAC, TWIA-permitted roofing, and updated electrical and plumbing. Both condos are fully furnished for rentals: one with 5 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1 bath. A 3,000 sq ft outdoor area includes custom woodwork, cabanas, seating for 24+, a bar, and dual hot tubs. With handicap access on the first floor and 100% occupancy in commercial units, this versatile property is ideal for generating rental income, hosting events, and accommodating diverse commercial tenants in a prime Galveston location.

ADDITIONAL INFORMATION

Historic Melrose Building on a prime corner neighboring the Opera House and surrounded by some of the most prestigious restaurants on the island, such as Rudy and Pacos, Saltwater Grill, Vargas, Trattoria la Vigna, Shucks, Habanos, the list goes on! Extremely walkable location featuring retail and art galleries. This property features 8 residential apartments and two street-level commercial spaces, currently occupied by The Experience and Old Quarter Acoustic Cafe! The building has been maintained for the last 30 of those years by the same family. Anyone looking to own a piece of Galveston History, don't miss out!

ADDITIONAL INFORMATION

Excellent investment opportunity in the heart of Galveston! This Broadway duplex, ideally situated near UTMB, the beach and downtown in the historic East End District, offers flexibility and potential. The lower unit features 2 bedrooms, 1.5 baths, hardwood and tile floors, a utility room with washer/dryer hookups, and window units. Some finishing work in the kitchen and bath is needed to complete this space. The upper unit is tenant occupied and fully furnished, featuring 2 bedrooms, 2 baths, recently replaced stacked washer and dryer, on-demand water heater, and central air/heat (condenser only), with an abundance of natural light. Separate electric and gas meters, with a shared water meter. The property includes two off-street parking spaces accessed via the back alley. The downstairs unit is vacant and ready for finishing touches, while the upstairs tenant-occupied unit is generating immediate rental income. Donât miss out on this versatile investment in a prime Galveston location!

ADDITIONAL INFORMATION

Discover this exceptional duplex featuring two well-designed units, perfect for diverse living arrangements or investment opportunities. The front unit boasts 4 spacious bedrooms and 2 modern bathrooms, offering a generous 1,700 sq ft of comfortable living space. Enjoy an open layout that seamlessly connects the living and dining areas, ideal for gatherings and everyday life. The back unit provides a cozy retreat with 1 bedroom and 1 bathroom, spanning 1,000 sq ft. This charming space is perfect for guests or as a private office. Convenience is key, as all utilities are included, ensuring a hassle-free living experience. Donât miss out on this versatile property that combines space, comfort, and functionality in a desirable location! All measurements are approximate and need to be verified.

ADDITIONAL INFORMATION

Excellent turnkey investment opportunity with a 6.9% capitalization rate, fully leased and ready for a new owner. This historic property on Galveston Island, Texas, features a charming corner store on the first floor with a spacious second-floor residence. Enjoy the blend of commercial and residential spaces in a vibrant location near the Gulf of Mexico's beautiful beaches and Galveston's quaint downtown. Galveston Island is part of the Houston metropolitan area, strategically located close to Mexico and the Gulf Coast, benefiting from Houston's economic drivers in maritime, energy, aerospace, and healthcare. Nearby, the University of Texas Medical Branch (UTMB), a renowned health sciences center since 1891, anchors the community with a large campus and multiple hospitals. Contact us today for inquiries and to schedule a visit.

ADDITIONAL INFORMATION

A MUST see investment opportunity in the historic City of Galveston! Take advantage of 3-spacious units that each offer 1 bed/1 bath. With 5 electric meters for easy conversion into a fully rental 4 plex + ADU! This charming property has an enchanting flow and so much character. From the gotham-hexagon-tile to the built in shelfs ,cabinetry and original hardwood floors. Structured to stay high and dry on the island. Built by an architect who engineered the home to withstand flooding and hurricanes. Come see for yourself! You can make this a full-time living property, long or short term rental. This city's beaches, island view and Port of Galveston draw many visitors. Just minutes away from the Strand District, Sea Wall and local amenities making it highly attractive to potential renters. There is lots of street parking for tenants and guest. Nearby bike lanes with street access. This is where you want to invest! Newer roof (2022). Check out photos for floor-plan visual & measurements.

ADDITIONAL INFORMATION

Perfect investment opportunity! Welcome to your inviting beach getaway in Galveston, Texas. This lovely home, located just minutes from the beach and UTMB, perfectly combines coastal charm with everyday convenience. The upper level features two bedrooms, a cozy living room, a dining area, and a well-equipped kitchen. Downstairs, you'll find a versatile studio space complete with its own kitchen and additional bathroom. This property is the ideal place to enjoy the relaxed beach lifestyle. Donât miss the opportunity to call this coastal haven your homeâschedule a showing today!

ADDITIONAL INFORMATION

Opportunity awaits in Mid-town Galveston! This nearly finished quadplex is ready for your finishing touches, making it an exceptional investment. With a brand-new roof, updated electrical and plumbing, and all new appliances and tubs for each of the four one-bedroom units, this property offers modern convenience while preserving its charm with original wood ceilings and hardwood floors. AC work is all new, requiring only exterior condensers for final touches. Located near Galveston College, this single-building setup simplifies maintenance, providing cost-effective management for savvy investors. Sold as-isâdonât miss out on this rare chance to own rental property in Galvestonâs vibrant Mid-town!

ADDITIONAL INFORMATION

This is a unique multi-family investment in Galveston. The front building is a Duplex with two fully furnished Airbnb units, generating up to six figures annually. The rear building is a secluded garage apartment- currently vacant for owner occupancy, lease, or additional Airbnb unit. The 2-car garage below, has private access to both the Front and Back Streets with automated driveway and garage doors. The entire property is fully fenced on an oversized lot, with room to build an additional building if desired. Huge back yard to host gatherings. Large custom deck overlooking the fully enclosed, private pool (perfect for families with small children). Enjoy the sea views, sunsets, and fireworks nearly anywhere on the grounds. Just a block from the beach, food, drinks, and a short stroll to Pleasure Pier, this property stands out in the market for its income potential and unbeatable location.

ADDITIONAL INFORMATION

Exceptional Investment Opportunity â Just Blocks from the Beach! Discover this incredible 4-plex, a well-maintained and low-maintenance property with excellent cash flow potential in a prime beachside location. The property features a spacious 2 bed/1.5 bath upstairs unit (Vacant), a cozy 1 bed/1 bath garage apartment, and two efficiency (studio) units downstairs, offering a diverse rental mix to maximize your income. Recent upgrades include a new roof (2020), all siding replaced with Hardie plank, along with many interior unit upgrades. The vacant unit is ready for immediate showings by appointment, while the tenant-occupied units will be shown upon an accepted offer. This is a rare opportunity to invest in a highly desirable area, just a short stroll from the beach!

ADDITIONAL INFORMATION

Located on sunny Galveston Island, Texas, George Manor is situated at the corner of Market Street and 15th Street on a spacious 0.444-acre lot. The main residence, the historic Edward T. Austin house, was originally built in 1868. In 1960, two guest cottages were added, and the entire property underwent extensive renovations in 2021 when it was converted into an award-winning bed and breakfast. The manor house, with its stunning original frescoes in the dining room, spans 3,812 square feet and features five guest suites. The cottages house four one-bedroom, one-bathroom apartments, making the property ideal for guests seeking privacy and comfort. George Manor is conveniently located near Galveston's beachfront and charming downtown area. Galveston Island is part of the larger Houston metropolitan area, strategically positioned near the Gulf of Mexico. It benefits from the city's maritime significance, energy markets, aerospace industry, corporate headquarters, and healthcare systems.

ADDITIONAL INFORMATION

Unlock a fantastic investment opportunity in the heart of Galveston! This fourplex is fully furnished and turn-key ready, making it perfect for both Airbnb and long-term rental. Ideally located just minutes from Downtown Galveston and the beach, each unit offers cozy charm and ample potential for updates. With strong rental demand in this vibrant area, this property is a savvy choice for any investor looking to capitalize on Galvestonâs growth. Enjoy local culture, dining, and entertainment while generating income. Donât miss outâschedule your showing today!

ADDITIONAL INFORMATION

TWO SEPERATE HOUSES ON SAME LOT ! Step into history with this charming 1916 Craftsman home, meticulously preserved and updated for modern comfort. Nestled in a quaint neighborhood, this home boasts original hardwood floors, a classic wrap-around porch and practical upgrades such as Pex plumbing, tankless water heaters and a newer roof. A chef's dream kitchen with elegant quartz countertops, seamlessly blends contemporary style with timeless craftsmanship. The home features 2 full baths, including an original clawfoot tub and a unique walk-out window, adding character and functionality. Enjoy the convenience of a full-size laundry room and off-street parking secured by a gated entrance from alley. Thereâs also a fully remodeled 1 bedroom casita, perfect for short term rentals, students or traveling nurses. Inside the casita find quartz countertops, original hardwood floors, Pex plumbing and tankless water heater. Property is fenced and would make great AirBnB to secure motorcycles.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Nestled within the beautiful East End Historic District, this delightful two-story duplex offers three bedrooms and two bathrooms upstairs and a one bedroom, one bath separate apartment downstairs. This home presents recently installed cement fiber siding and a fresh coat of paint. It offers you a tankless water heater, a farmhouse sink, quartz countertops and a fish-scale tile backsplash. Imagine being walking distance to the beach and hearing the sounds of the ocean from your patio. Live upstairs and rent out the bottom unit or vice-versa or use as a ground level, readily available mother-in-law suite! Would make a great vacation rental! Also within walking distance also to The Grand Galvez and The Bryan Museum. The total exterior has been recently redone with hardie plank and painted. Downstairs was taken down to the studs, re-sheetrocked and is ready for your finishing touches. Upstairs bedroom floors were just also redone.

ADDITIONAL INFORMATION

An Excellent Opportunity for Investors, this Income-Producing Duplex Offers 6 Bedrooms and 4 Bathrooms Across Two Levels. The Upstairs Unit, with 3 Bedrooms and 2 Bathrooms, Showcases a Contemporary Kitchen Complete with Sleek Island, Stainless Steel Appliances, Modern Flooring, and Upgraded Lighting. Quartz Countertops and a Chic Backsplash Add Sophistication, while the Primary Bathroom Boasts a Relaxing Soaking Tub and Separate Shower. Central A/C Ensures Year-Round Comfort. The Downstairs Unit, also Offering 3 Bedrooms and 2 Bathrooms, Has Been Renovated with Modern Touches Throughout. Each Room Benefits from its Own Mini-Split A/C and Heat, Providing Personalized Climate Control. This Unit is Ready for Use as an Airbnb or Long-Term Rental. Both Units Can be Separately Metered for Utilities, and the Upstairs Unit Includes 2 Designated Parking Spaces. Bottom Unit Pays $2035+Utilities, Top Unit Paid $2300+Utilities and moved out at End of August. Bottom Unit Ends March 2025.

ADDITIONAL INFORMATION

The Historic Hideaway is classic duplex with many upgrades. Its cental location is great for getting around the island and it sits on a quiet street. The first and second floor are set up so that each floor could rent out separately with their own entries. The backyard area is shared common space for the property. Both floors have open floor plans with upgrades throughout. Duplex comes fully furnished.

ADDITIONAL INFORMATION

Rare opportunity to purchase a 10-plex, just 1 block from Stewart and Porretto beaches on beautiful Galveston Island! Tour these updated, adorable, modern, short term beach cottage rentals. Fully renovated and fully furnished, this investment is turn key and ready for new owners to take over. Walk to restaurants, shopping and the beach.

ADDITIONAL INFORMATION

RARE opportunity to own a charming and spacious 6 bedroom/ 3 bathroom triplex perched on a lushly landscaped corner lot in Galvestonâs Silk Stocking Historic District. Investment, multigenerational living, or live in one unit and lease the others- there are many opportunities here! The location is super close to the Pleasure Pier and beach, and one mile to the strand downtown, UTMB, and the cruise ship terminals. The home features off street parking, mature landscaping, palm trees, an iron gate, a sprinkler system, and is separately metered for electricity. The interior features modern light fixtures, historical detail, and an abundance of natural light throughout. There are three units, unit 1 is 2 bedroom, unit 2 is 1 bedroom, and unit 3 is 3 bedrooms (total 6 bedrooms, 3 full bathrooms, and 3 kitchens). The outdoor entertaining space is fully fenced and features a cozy firepit area, extra room for outdoor fun, and an outdoor shower.

ADDITIONAL INFORMATION

Welcome to 3007 Avenue Q, this property that has been lovingly transformed, with every detail thoughtfully considered. From the graceful marble baths to the inviting open-concept kitchen, this home radiates vintage charm and luxury. Offering dual living, this duplex features identical upstairs and downstairs units, each with its own 1-car garage. Unwind on the covered balconies that adorn both levels, enjoying the coastal breeze. The kitchen, blending Victorian and Craftsman influences with a coastal twist, is both functional and beautiful. This house isnât just a home; itâs a masterpiece that invites you to fall in love. As an income-generating property, this offers an outstanding investment opportunity. Just two blocks from the ocean and a short stroll from the historic district, this gem is your gateway to the best of Galveston.

ADDITIONAL INFORMATION

CALLING ALL INVESTORS!!! FANTASTIC INVESTMENT OPPORTUNITY IN GALVESTON!!! Fully renovated & specious 6 unit property 1 bedroom & 1 bathroom each. Just the perfect place in island paradise Brand new stainless steel appliances: (over the range microwave, fridge, and stove) All new quartz countertops & cabinets, freshly paint interior & exterior, and so much morel! The property introduces modern & comfort. Don't miss out!!! Schedule a showing before it's gone!!!

ADDITIONAL INFORMATION

Beautifully restored building with first floor completely rennovated. Great opportunity for live work or as retail below and living quarters updstairs. Upstairs could also be a great space for self storage with addition of freight elevator. If there was a condo conversion for upstairs there is enough room downstairs for 3 to 4 off street parking spaces.

ADDITIONAL INFORMATION

1870 Merchants Mutual Insurance Building with mansard roof boasts original hardwood floors, exposed brick walls, soaring ceilings, and enormous windows to take in all the Strand has to offer! This 4 story building has 2 longtime tenants on the first floor. Each has their own bathroom and access to loading dock off the alley. The second floor has two finished apartments. The front expansive unit 2165 sq ft. faces the Strand and has 4 bedrooms + office, 2.5 baths, and large living/dining area. It was recently leased as an office for a bath company. The back unit currently is rented and is a one bedroom one bath . The third and fourth floors are wide open and the possibilites are endless. The Third floor does however have a bathroom. The fourth floor has a great view of Cruise ships in the Harbor. All four floors have access to the freight elevator and the roof can be utilized as an entertaining space. Previous two owners have been very involved in the rehab of the building.

ADDITIONAL INFORMATION

Turnkey Investment: Passive income awaits! This fully furnished property with 1 duplex and 2 bungalows offers immediate rental potential. Ideal for investors seeking a hands-off approach to real estate. Imagine short-term rentals in each unit, catering to both travelers and long-term residents. Each space is thoughtfully designed with distinctive décor. Click on Video Tour Links to see inside video of all units and drone video of the property! Contact us today to schedule a viewing.

ADDITIONAL INFORMATION

Welcome to a unique opportunity to own a thriving vacation rental that's been a proven moneymaker under two different ownersâand now you could be the third! Converted the office flex spaces on both units to take advantage of the space and now it's used as a 2Bedroom/2bath on unit 1. Also used as a 3 bedroom/2bath on unit 2. This charming home, located just two blocks from the beach and the vibrant seawall attractions, offers unbeatable convenience and fun. With the famous Pleasure Pier right next door, your guests will have endless entertainment options at their doorstep. Whether you're looking for a profitable investment or a vacation getaway with great earning potential, this property has it all. Don't miss out on making this prime coastal location your own! VIRTUAL TOUR AVAILABLE SOON