5103 Avenue O, Galveston, TX 77551

Galveston
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
5103 Avenue O,Galveston, TX 77551
$1,000,000
  • 8 Beds
  • 8 Baths
  • 4,752 sq. ft.
  • Multi-family
  • Active
Listed by: timothy larson
Office: keller williams memorial713-461-9393
MLS#:58712947
Source:HARMLS

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$210.44

About this home

“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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Home facts

  • Year built:1978
  • Listing ID #:58712947
  • Updated:April 11, 2026 at 11:46 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Laminate, Tile
  • Living area:4,752 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Central, Electric

Structure and exterior

  • Roof:Composition
  • Year built:1978
  • Building area:4,752 sq. ft.
  • Lot Features:Corner Lot
  • Construction Materials:Brick
  • Levels:2 Stories

Schools

  • High school:BALL HIGH SCHOOL
  • Middle school:GISD OPEN ENROLL
  • Elementary school:GISD OPEN ENROLL

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$210.44
  • Tax amount:$13,475 (2025)

Parking

  • Parking description:Paved
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