$524,900
 $2,980 est/mo Sourced by Back At You

1113 28th Street, Galveston Tx 77550,Galveston, TX 77550

Galveston, TX 77550

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Description

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.

Details

MLS #73205143
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1952
Days On Site10
Listing Provided ByKeller Williams Realty Clear Lake / NASA | Kathy Philipp

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet2,800
Story(s)2
Units4
Acreage0.12

Taxes

Property5612

Area Information

StateTX
CountyGalveston
CityGalveston
Zip Code77550
Area33
SubareaEast End
Community NameGalveston Townsite
School District22 - Galveston
Elementary SchoolGisd Open Enroll
High School22 - Galveston
Listing VS Median (in Galveston Townsite)
Price:
$524,900
low | high
Med:
$279,777
96.698990283864% of Average
sqft:
2,800
low | high
Med:
1,050
100% of Average
$ / sqft:
$187
low | high
Med:
$266
7.863974090303% of Average
On site:
10
low | high
Med:
19
52.631578947368% of Average
Sourced by Back At You

Market Activity 77550

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Learn More About This Property

StateTX
CountyGalveston
CityGalveston
Zip Code77550
Area33
SubareaEast End
Community NameGalveston Townsite
School District22 - Galveston
Elementary SchoolGisd Open Enroll
High School22 - Galveston
Listing VS Median (in Galveston Townsite)
Price:
$524,900
low | high
Med:
$279,777
96.698990283864% of Average
sqft:
2,800
low | high
Med:
1,050
100% of Average
$ / sqft:
$187
low | high
Med:
$266
7.863974090303% of Average
On site:
10
low | high
Med:
19
52.631578947368% of Average
Sourced by Back At You
Listing Updated: October 29, 2026 at 12:15:53 PM PDT