NEW PRICE | MOTIVATED SELLERS | Galveston 4-Unit Income Property now offered at $524,900.
This fully furnished multifamily investment features **four separately rentable 2BR/1BA units across three distinct buildings — a duplex and two detached bungalows — totaling 8 bedrooms and 4 bathrooms. Each unit has its own kitchen, bath, and unique coastal-inspired design, creating a turnkey rental opportunity.
Located in Galveston’s Historic East End, this property is walkable to the Seawall, beach, Strand, restaurants, and minutes from UTMB. Documented income history:
2024 Gross Income: $71,059 | 2025 Gross Income: $73,962 | 2026 YTD Gross Income: $56,366
Flexible strategies include STR, mid-term, long-term, or a blended approach. No renovation needed — this established income-producing asset is ready for continued operation.
Buyer to independently verify income, expenses, and rental opportunities.
Property Details
- Cooling
- 1
- Heating
- Window Unit
- Cooling Features
- Ceiling Fan(s), Window Unit(s)
- Bedrooms
- 8
- Bathrooms
- 4.0
- Full Baths
- 4
- Lot Features
- Corner Lot, 0 Up To 1/4 Acre
- Lot Description
- Corner Lot, 0 Up To 1/4 Acre
- Acres
- 0.0
- Square Feet
- 2800
- Lot Size (sqft)
- 0.1179
- Property Type
- Multi-Family
- Year Built
- 1952
- Roof
- Composition
- Utility Features
- Cable Connected, Electric, Water Connected
- Appliances
- Range, Microwave, Refrigerator
- Subdivision
- Galveston
- School District
- 22 - Galveston
- Elementary School
- GISD OPEN ENROLL
- Middle School
- Gisd Open Enroll
- High School
- BALL HIGH SCHOOL
- County
- Galveston
- Region
- Galveston
- Original List Price
- $524,900
- Taxes Annual
- $5,612
- MLS #
- 73205143
- Property Subtype
- Multi Family,Multiple Detached Dwellings
- Parcel Number
- 350500880008000
- MLS #
- 73205143
- Date Listed
- July 17, 2026
- Address
- 1113 28th Street
Location
Legal
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Provided By
Listed by Kathy Philipp (#kphilipp)
Listing Office: Keller Williams Realty Clear Lake / NASA (#KWCL01)
