5103 Avenue O Galveston, TX 77551 New

UPDATED: 10/02/2025 05:51 AM ON MARKET: 5 days on market

$1,000,000

1 Bed1 Bath4,752 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,752 sqft

Price per Sqft $210

Subdivision Denver Resurvey

MLS Listing ID 58712947

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1978

Annual Tax Amount $13,475

Tax Year 2025

Property Sub-Type Multi Family

Property Description

“Cozy Corner 8” presents a rare opportunity to acquire a fully renovated, income-producing 8-unit multi-family property in the heart of Galveston, TX. Each unit offers a +/- 594sf one-bedroom, one-bath layout equipped with two window A/C units for tenant comfort. The property includes private rear yard access, off-street parking, and mature landscaping, all contributing to tenant satisfaction and retention. Currently operating as a mix of short-term Airbnb rentals and long-term leases, the building provides investors with both immediate cash flow and flexibility to optimize returns. Four units are fully furnished, and two are actively listed on Airbnb, while additional demand is captured through Furnished Finder, catering specifically to UTMB interns and medical professionals. Professional property management is already in place, with rigorous credit, background, and income verification ensuring a reliable tenant base.


Listed by Keller Williams Memorial Timothy Larson 281-508-0800