Twitter
Facebook
Email
|
Prime Investment Opportunity | Value-Add Multifamily Exceptional opportunity to acquire a well-located property in the heart of Galveston's East End, just minutes from UTMB, the beach, and downtown. This spacious property currently features four units consisting of three 1-bedroom units and one 2-bedroom unit, offering a strong foundation for immediate rental income or a strategic repositioning. The building sits on a large lot and offers a generous overall layout, making it an ideal candidate for a value-add renovation or redevelopment project. With the right vision, the property presents the potential to be reconfigured into at least four or more updated apartment units, maximizing rental income and long-term returns. Recent improvements have already been made, including the addition of two new kitchens and ongoing upgrades completed throughout the property over the past several years, reducing upfront renovation scope and accelerating stabilization potential.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 4/16/2026 |
|---|---|---|---|
| TRACT | Galveston Townsite | YEAR BUILT | 1960 |
| 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 |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33 |
| GARAGE | Yes |
| HEAT | Electric, Natural Gas |
| LOT | 5162 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Garage |
| STORIES | 2 |
| SUBDIVISION | Galveston Townsite |
| TAXES | 6312 |
| UTILITIES | Natural Gas Connected, Water Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Tammy
James to contact you even if your name is on a Federal or State
"Do not call List".
Listed with homecoin.com
Copyright © 2026, Houston Realtors Information Service, Inc.
The information provided is 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. This data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2026.