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1502 39th Street Galveston, TX $ 1,250,000
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$ 1,250,000 Get more info
1502 39th Street
$ 1,250,000
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Share Save

1502 39th Street

Galveston, TX, 77550
$ 1,250,000
Bedrooms7 Baths2.0 Sq 11,322

Monthly Estimate*

$ 7,798

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Multi-Family Home for sale in Galveston, TX

for $1,250,000 with 7 bedrooms and 2 full baths. This 11,322 square foot home was built in 1961.

Historic 1924 Keystone brick building at 1502 39th St. in Galveston, featuring over 13,000 sq ft of rentable space, including two vacation condos, four commercial units, and more. Originally a pharmacy, it now hosts a bakery, cooking school with a commercial kitchen, market, community center, and private gym. The property has central HVAC, TWIA-permitted roofing, and updated electrical and plumbing. Both condos are fully furnished for rentals: one with 7 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1 bath. A 3,000 sq ft outdoor area includes custom woodwork, cabanas, seating for 24+, a bar, and dual hot tubs. With handicap access on the first floor and 100% occupancy in commercial units, this versatile property is ideal for generating rental income, hosting events, and accommodating diverse commercial tenants in a prime Galveston location.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 13,274

Style

Year Built

1961

Town/City

Galveston

County/Region

Galveston

MLS | Web ID

29885708
Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Available Natural Gas Available Water Available
Roof Other
Appliances Dishwasher Disposal Microwave Refrigerator
Architectural Style Split Level
Security Features Fire Alarm
Construction Materials Brick
Year Built 1961
Stories Count 2
Levels Two Multi/Split
Property Subtype Duplex
Tax Year 2023
Community Features Fitness
Accessibility Accessibility Features
County Galveston
New Construction false
Property Type Residential Income
Subdivision Name Galveston Outlots
Facing Direction West
Full Baths 2
Status Active
Directions From i45 South Continue onto Broadway Avenue J ? Pass by Auto Plus Auto Parts (on the right in 0.3 mi) ? 1.6 mi Turn right onto 39th St ? Destination will be on the left
High School BALL HIGH SCHOOL
City Galveston
Disclosures Owner Is Listing Agent Other Seller Disclosure
High School District 22 - Galveston
Number Of Units Total 2
MLS Area 33
Lot Size Units Square Feet
Elementary School GISD OPEN ENROLL
Tax Annual Amount 13274
Middle/Junior High School GISD OPEN ENROLL
MLS Area Minor East End
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District 22 - Galveston
Elementary School District 22 - Galveston
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description ABST 628 M B MENARD SUR LOT 1 & W 1/2 OF LOT 2 NW BLK 35 GAL
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Interior
Interior Amenities Furnished Handicap Access Ceiling Fan(s)
Flooring Tile Wood
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup
Total Bedrooms 7
Total Baths 2
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Exterior
Exterior Amenities Private Entrance
Parking Features Paved
Lot Features Corner Lot Other
Lot Size Area 7740
Building Area Total 11322
Other Parking More than Two
Lot Size Source Appraiser
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* Excluded Features
List By
Re/Max Leading Edge

Broker

409-795-4289

Contact

Affordability Calculator

$8,905
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
$1,106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
BALL HIGH SCHOOL High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/11/2025$1,250,000 -10.65% Price Down
8/7/2025$1,399,000 Listed Price

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1502 39th Street, Galveston, TX, 77550 is a Multi-Family Home for sale at $1,250,000 with 11,322 sqft. 1502 39th Street has 7 bedrooms, 2.0 baths, and was built in 1961. The property's zip code is 77550 which is in Galveston, TX

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