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Prime Investment Opportunity | Heavy Value-Add Multifamily Exceptional opportunity in Galveston's East End, minutes from UTMB, the beach, and downtown. The property currently consists of four units (three 1-bedrooms and one 2-bedroom) and offers a strong footprint for redevelopment and future rental income. Situated on a large lot with a flexible layout, this is an ideal candidate for a full renovation or repositioning. Two kitchens and bathrooms are currently gutted and not built out, requiring full finish-out by the next owner. With the right vision, the property can be reconfigured into four or more updated units, maximizing income and long-term returns. A true value-add project for investors. Offered AS-IS
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 5/20/2026 |
|---|---|---|---|
| TRACT | Galveston Townsite | YEAR BUILT | 1960 |
| COMMUNITY | 33 | COUNTY | Galveston |
| STATUS | Pending | 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 May 7, '26 | $325,000 |
|---|---|
| May 7, '26 - Today | $309,000 |
| 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
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