5103 Avenue O Galveston, TX $ 1,000,000
5103 Avenue O
$ 1,000,000
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5103 Avenue O

Galveston, TX, 77551
$ 1,000,000
Bedrooms8 Baths8.0 Sq 4,752

Monthly Estimate*

$ 6,239

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Multi-Family Home for sale in Galveston, TX

for $1,000,000 with 8 bedrooms and 8 full baths. This 4,752 square foot home was built in 1978.

“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.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 13,475

Style

Year Built

1978

Town/City

Galveston

County/Region

Galveston

MLS | Web ID

58712947

Features
General
Heating Central Electric
Cooling Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available Water Available
Roof Composition
Construction Materials Brick
Year Built 1978
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
County Galveston
Net Operating Income 68640
New Construction false
Property Type Residential Income
Subdivision Name DENVER RESURVEY
Facing Direction North
Full Baths 8
Status Active
Directions I-45/Broadway to 51st Street to 5103 Avenue O Galveston TX 77551.
High School BALL HIGH SCHOOL
City Galveston
Disclosures Seller Disclosure
High School District 22 - Galveston
Number Of Units Total 8
MLS Area 33
Lot Size Units Square Feet
Elementary School GISD OPEN ENROLL
Tax Annual Amount 13475
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 PT OF LOTS 9 THRU 12 (10-1) BLK 91 D
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Interior
Flooring Laminate Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 8
Total Baths 8
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Exterior
Parking Features Paved
Lot Features Corner Lot
Lot Size Area 6956
Building Area Total 4752
Other Parking One
Lot Size Source Appraiser
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* Excluded Features
List By
Keller Williams Memorial

Broker

tlarson@kw.com

Email

Affordability Calculator

$7,362
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$1,123
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
Pricing History
DatePricePrice ChangeDescription
10/2/2025$1,000,000 Listed Price

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5103 Avenue O, Galveston, TX, 77551 is a Multi-Family Home for sale at $1,000,000 with 4,752 sqft. 5103 Avenue O has 8 bedrooms, 8.0 baths, and was built in 1978. The property's zip code is 77551 which is in Galveston, TX