5103 AVENUE O, GALVESTON, TX 77551
Homes for sale in Galveston.
Homes for sale in 77551.
5103 Avenue O
Galveston, TX 77551
List Price$1,000,000
Listing #58712947
8
Bedrooms
8 full
Bathrooms
4,752
Square Feet
8
Number of Units
Multi-Unit Residential
Type
About This Property
"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.
Property Features
Location Information
County
Galveston
Longitude
-94.822224
MLS Area
Midtown - Galveston
Subdivision
DENVER RESURVEY
Latitude
29.285222
Directions
I-45/Broadway to 51st Street to 5103 Avenue O, Galveston, TX, 77551.
Interior Features
Total Number of Units
8
Exterior Features
Stories
2
Lot Description
Corner Lot
Is New Construction
No
Lot Size in Acres
0
Construction
Brick
Lot Size in Sq. Ft.
6,956
Parking Description
Paved
Is One Story
No
Acre Range
0 Up To 1/4 Acre
School
School District
Galveston
Middle School
GISD OPEN ENROLL
Elementary School
GISD OPEN ENROLL
High School
BALL HIGH SCHOOL
Additional Information
Finance Available
Conventional
Year Built
1978
Property Type
RI
Status
Active
Property SubType
Multi Family
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Mortgage Calculator
$4,669
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,603
Monthly Tax
$833
Monthly Insurance
$233
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
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