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INVESTOR OPPORTUNITY - 5 UNITS, 2 STRUCTURES, ONE PACKAGE! Unlock the potential of this unique income-producing property featuring a separate 3-bedroom, 1-bath single-family home PLUS a 4-unit apartment building. Each apartment offers 2 bedrooms, with one unit featuring 3 baths and the remaining three offering 1.5 baths each. Apartment rents average approximately $800/month, generating roughly $3,200/month in gross apartment income alone, with additional income potential from the separate main house. An attractive opportunity for investors looking to expand their portfolio, maximize multiple income streams, and capture future rental upside. Five residential units. Two structures. One investment opportunity with serious potential. *Sale includes 2308 Avenue L* Confirmed with the County that both structures (SF on 2200 5th St. & MF on 2308 Avenue L) must be sold as ONE.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 9/19/2026 |
|---|---|---|---|
| TRACT | Bay City Original Townsite | YEAR BUILT | 1930 |
| COMMUNITY | 54 | COUNTY | Matagorda |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Roberts Elementary |
|---|---|
| Jr. High School | Bay City Junior High School |
| High School | Bay City High School |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 54 |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| HEAT | Electric |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Corner Lot |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | Bay City Original Townsite |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Redbird Realty LLC
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