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$ 795,000
Est. payment /mo
Price Dropped by $44K
1820 Avenue O 1/2 Galveston, TX 77550
1 Bed
1 Bath
4,152 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,152 sqft
Price per Sqft $191
Subdivision Galveston Outlots
MLS Listing ID 97924433
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1973
Annual Tax Amount $12,182
Tax Year 2025
Property Sub-Type Multi Family
Property Description
Coastal investment opportunity just blocks from the beach at 1820 Ave O 1/2 in Galveston. This 7-unit property offers strong income potential with 5 one-bedroom, one-bath units and 2 studios. In 2025, 5 units operated as short-term rentals (3 one-bedrooms and 2 studios) with 2025 gross income of $99,708. The remaining 2 units were leased long-term which brought the gross income to $122,871 in 2025. Currently, 6 units are being leased short-term and 1 long-term at $1,150, monthly. Each unit includes one off-street parking space, and there is an on-site laundry room for tenant convenience. Ideal for investors seeking short-term rental revenue or long-term stability in a prime island location.
Location
State TX
County Galveston
Area East End
Interior
Heating Heat Pump
Cooling Heat Pump
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Paved
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Gisd Open Enroll
Middle Schools Gisd Open Enroll
High Schools Ball High School
School District 22 - Galveston
Others
Tax ID 3510-0070-0012-000
Listed by ZAPP Realty Anthony Jensen