1820 AVENUE O 1/2, GALVESTON, TX 77550

Homes for sale in Galveston.

Homes for sale in 77550.


Active

List Price$795,000

1820 Avenue O 1/2

Galveston, TX 77550

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #97924433

1

Bedrooms

1 full

Bathrooms

4,152

Square Feet

7

Number of Units

Multi-Unit Residential

Type

About This Property

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.

Property Features

Location Information

County

Galveston

Longitude

-94.784674

MLS Area

East End

Subdivision

Galveston Outlots

Latitude

29.294568

Directions

From I-45 South: Exit 61st Street, Turn Right on 61st St, Turn Left on Seawall Blvd, Turn Left on 19th St, Turn Right on Ave O 1/2, Property on the Left Hand Side

Interior Features

Total Number of Units

7

Exterior Features

Stories

2

Lot Size in Acres

0

Is New Construction

No

Lot Size in Sq. Ft.

8,995

Parking Description

Paved

Is One Story

No

School

School District

Galveston

Middle School

GISD OPEN ENROLL

Elementary School

GISD OPEN ENROLL

High School

BALL HIGH SCHOOL

Additional Information

Property Type

RI

Year Built

1973

Property SubType

Multi Family

Status

Active

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Mortgage Calculator

$3,711

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,864

Monthly Tax

$662

Monthly Insurance

$185

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Listing Courtesy of: ZAPP Realty

© 2026 Houston REALTORS® Information Service, Inc.. All rights reserved.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Certain information contained herein is derived from information which is the property of, and copyrighted by, Houston REALTORS® Information Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use. This information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the Houston REALTORS® Information Service (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HAR or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy.

HAR - Houston data last updated at May 26, 2026, 12:59 PM CT

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