NEW PRICE | MOTIVATED SELLERS | Galveston 4-Unit Income Property now offered at $524,900. This fully furnished multifamily investment features **four separately rentable 2BR/1BA units across three distinct buildings a duplex and two detached bungalows totaling 8 bedrooms and 4 bathrooms. Each unit has its own kitchen, bath, and unique coastal-inspired design, creating a turnkey rental opportunity. Located in Galveston’s Historic East End, this property is walkable to the Seawall, beach, Strand, restaurants, and minutes from UTMB. Documented income history: 2024 Gross Income: $71,059 | 2025 Gross Income: $73,962 | 2026 YTD Gross Income: $56,366 Flexible strategies include STR, mid-term, long-term, or a blended approach. No renovation needed this established income-producing asset is ready for continued operation. Buyer to independently verify income, expenses, and rental opportunities.
| MLS # | 73205143 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 45 |
| Listing Provided By | Keller Williams Realty Clear Lake / NASA | Kathy Philipp |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,800 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 5136.00 |
| Lot Features | Corner Lot |
|---|
| Tax Annual Amount | 5612 |
|---|
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | East End |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $524,900 low | high Med: $330,000 sqft: 2,800 low | high Med: 2,436 $ / sqft: $187 low | high Med: $135 On site: 45 low | high Med: 68 | |
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | East End |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $524,900 low | high Med: $330,000 sqft: 2,800 low | high Med: 2,436 $ / sqft: $187 low | high Med: $135 On site: 45 low | high Med: 68 | |