135 W 5th Street, Kemah, TX 77565
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
135 W 5th Street,Kemah, TX 77565
$345,000
- 3 Beds
- 2 Baths
- 2,206 sq. ft.
- Multi-family
- Active
Listed by: william wimmer
Office: everagent832-876-5527
MLS#:83783799
Source:HARMLS
Price summary
- Price:$345,000
- Price per sq. ft.:$156.39
About this home
Investor Special – Fully Occupied Income Property Near Kemah Boardwalk
Excellent cash-flowing investment opportunity in a highly desirable Kemah location. Property is 100% occupied with a strong rental history and units that lease quickly when available.
Property Breakdown:
• 1 – 3 bed / 2 bath single-family home
• 2 – 2 bed / 1 bath units
• 1 – Efficiency unit
Income:
• Gross rental income: $3,700/month
• Additional $150/month from on-site coin-operated laundry
Key Investment Highlights:
• Commercial zoning – potential for future redevelopment or mixed use
• Situated on two lots
• Strong rental demand area
• Value-add potential with future rent increases
• Walking distance to Kemah Boardwalk, Galveston Bay, restaurants, shopping, and Stewart Elementary
Great opportunity for investors seeking immediate income with long-term upside in a high-demand coastal market.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:83783799
- Updated:May 15, 2026 at 11:55 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,206 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Window Units
- Heating:Central, Electric, Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:2,206 sq. ft.
- Architectural Style:FourPlex
- Levels:1 Story
Schools
- High school:CLEAR FALLS HIGH SCHOOL
- Middle school:BAYSIDE INTERMEDIATE SCHOOL
- Elementary school:STEWART ELEMENTARY SCHOOL (CLEAR CREEK)
Utilities
- Water:Water Available
Finances and disclosures
- Price:$345,000
- Price per sq. ft.:$156.39
- Tax amount:$6,638 (2025)
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