4715 Avenue R 1/2 Galveston, TX $ 375,000
4715 Avenue R 1/2
$ 375,000
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4715 Avenue R 1/2

Galveston, TX, 77551
$ 375,000
Bedrooms5 Baths3.0 Sq 2,048

Monthly Estimate*

$ 2,309

4715 Avenue R 1/2, Galveston, TX 77551 - Image 1
4715 Avenue R 1/2, Galveston, TX 77551 - Image 2
4715 Avenue R 1/2, Galveston, TX 77551 - Image 3
4715 Avenue R 1/2, Galveston, TX 77551 - Image 4
4715 Avenue R 1/2, Galveston, TX 77551 - Image 5
4715 Avenue R 1/2, Galveston, TX 77551 - Image 6
4715 Avenue R 1/2, Galveston, TX 77551 - Image 7
4715 Avenue R 1/2, Galveston, TX 77551 - Image 8

Multi-Family Home for sale in Galveston, TX

for $375,000 with 5 bedrooms and 3 full baths. This 2,048 square foot home was built in 1965.

Discover a premier high-yield opportunity in the heart of Galveston with this versatile three-unit residential complex. This property perfectly balances space and income, featuring a sprawling 5-bedroom, 3-bathroom main house in the front—ideal for large families or high-occupancy rentals—and a detached 2-bedroom, 1-bathroom duplex in the rear. Generating an impressive $5,500 in monthly revenue, this turnkey asset is a cash-flow powerhouse designed for the savvy investor or the homeowner looking for a significant "house-hack." Beach & Boardwalk: Just a quick 1-mile bike ride to the famous Galveston Seawall and sandy beaches. The Hub of Activity: Minutes away from UTMB (University of Texas Medical Branch) and The Strand Historic District, making it a prime spot for medical professionals and students. Family Favorites: A short drive to Moody Gardens and Schlitterbahn Waterpark, ensuring your units stay in high demand year-round.

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Multi-Family Active

Price

$ 375,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,859

Style

Year Built

1965

Town/City

Galveston

County/Region

Galveston

MLS | Web ID

88449030

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Roof Composition
Security Features Fire Alarm
Construction Materials Wood Siding
Year Built 1965
Stories Count 2
Levels Two
Property Subtype Detached
Tax Year 2025
County Galveston
New Construction false
Property Type Residential Income
Subdivision Name Hasselmeier Sw & Se 130
Facing Direction North
Garage Y/N true
Full Baths 3
Status Active
Directions Continue on I-45 South as it crosses the bridge onto the island. Continue East on Broadway: Drive approximately 2.2 miles on Broadway. Turn Right onto Avenue R 1/2: Head south on 45th Street for about 0.6 miles. After crossing Avenue R look for the smaller street labeled Avenue R 1/2 and turn right (West). Arrive at 4715 Avenue R 1/2: Drive approximately two blocks; your destination will be on the right (north side of the street) just past the intersection with 47th Street.
High School BALL HIGH SCHOOL
City Galveston
Disclosures Seller Disclosure
High School District 22 - Galveston
Number Of Units Total 3
MLS Area 33
Lot Size Units Square Feet
Elementary School GISD OPEN ENROLL
Tax Annual Amount 7859
Middle/Junior High School GISD OPEN ENROLL
MLS Area Minor Midtown - Galveston
Standard Status Active
Middle/Junior School District 22 - Galveston
Elementary School District 22 - Galveston
Year Built Source Public Records
Legal Description ABST 628 M B MENARD SUR LOT 13 L G HASSELMEIER SUB
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Interior
Interior Amenities Window Treatments Ceiling Fan(s)
Flooring Laminate Wood Carpet Hardwood
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Coverings
Total Bedrooms 5
Total Baths 3
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Exterior
Parking Features Garage
Lot Size Area 5100
Building Area Total 2048
Other Parking One
Lot Size Source Appraiser
Other Equipment Satellite Dish
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* Excluded Features
List By
Leopold & Strahan

Broker

collin.leopoldstrahan@gmail.com

Email

Affordability Calculator

$2,964
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$655
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
5/6/2026$375,000 Listed Price

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4715 Avenue R 1/2, Galveston, TX, 77551 is a Multi-Family Home for sale at $375,000 with 2,048 sqft. 4715 Avenue R 1/2 has 5 bedrooms, 3.0 baths, and was built in 1965. The property's zip code is 77551 which is in Galveston, TX