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Peyo Rubio

peyo@texasgrand.homes +1(281) 771-7200

$ 1,000,000

Est. payment -/mo

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Active

5103 Avenue O Galveston, TX 77551

8 Beds

8 Baths

4,752 SqFt

UPDATED:

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 8

Full Baths 8

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.

Location

State TX

County Galveston

Area Midtown - Galveston

Interior

Heating Central, Electric

Cooling Window Unit(s)

Flooring Laminate, Tile

Fireplace No

Exterior

Parking Features Paved

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available

Roof Type Composition

Building

Lot Description Corner Lot

Faces North

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 2965-0091-0010-001

Acceptable Financing Conventional

Listing Terms Conventional

Houston Realtors Information Service / HAR MLS

Listed by Keller Williams Memorial Timothy Larson

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

+1(281) 771-7200

peyo@texasgrand.homes

https://www.har.com/pompello-rubio/agent_peyor

29519 W Hawthorne Dr, Spring, TX, 77386-2182, USA