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Attention Investors! All three units are occupied with long-term tenants and consistently generating income, making this an incredible income-producing opportunity just moments from the beach, now offered at a newly reduced price for a quick sale. This multi-unit property is a perfect escape from city life while delivering strong rental income from day one. The front unit offers 2 bedrooms and 1 bathroom, while the two rear units each feature 1 bedroom and 1 bathroom. A long driveway provides ample parking, and each unit includes its own attached garage. With the recent price improvement, this property is even more attractive for investors seeking cash flow and long-term appreciation. Located in Galveston near Moody Gardens, Pleasure Pier, and The Strand with shopping, dining, fishing, boating, and easy access to Houston, this is a strong rental opportunity. For cap rate analysis and supporting financials, please refer to the attachments.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 8/4/2026 |
|---|---|---|---|
| TRACT | Pabst Sub | YEAR BUILT | 1965 |
| COMMUNITY | 33 | COUNTY | Galveston |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Gisd Open Enroll |
|---|---|
| Jr. High School | Gisd Open Enroll |
| High School | Ball High School |
| PRICE HISTORY | |
| Prior to Aug 4, '26 | $345,000 |
|---|---|
| Aug 4, '26 - Today | $342,500 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Microwave |
| AREA | 33 |
| LOT | 9487 sq ft |
| LOT DESCRIPTION | Cleared |
| STORIES | 1 |
| SUBDIVISION | Pabst Sub |
| TAXES | 8716 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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