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Turnkey 6 unit- income producing property just minutes from UTMB and the beach. Fully remodeled and 100% occupied, this Galveston multifamily offers strong in place income with immediate cash flow and future upside. The property features six units total: One 2- bedroom 1 bath, four 1-bedroom 1 baths and one efficiency. All units are fully furnished and beautifully updated, making them ideal for long term or short term rental flexibility. A true standout is the expansive outdoor pavilion, designed for gathering entertaining, It includes multiple seating ares, custom pergolas, string lighting and a central fountain space., creating a resort-like atmosphere. The pavilion also offers room for expansion, adding additional income potential, Located just six blocks from the beach on an extra-wide street with bike lanes and less then 2 miles from the UT Medical Branch. Property is perfectly positioned for consistent tenant demand from medical professionals, students, and vacation renters.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 5/26/2026 |
|---|---|---|---|
| TRACT | Galveston Outlots | YEAR BUILT | 1970 |
| 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 May 2, '26 | $925,000 |
|---|---|
| May 2, '26 - May 26, '26 | $899,900 |
| May 26, '26 - Today | $849,900 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Range, Refrigerator |
| AREA | 33 |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Balcony |
| LOT | 8350 sq ft |
| LOT DESCRIPTION | Corner Lot |
| STORIES | 2 |
| SUBDIVISION | Galveston Outlots |
| TAXES | 13327 |
| UTILITIES | Cable Connected, Natural Gas Connected, Water Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with M.J.R. Real Estate
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