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4715 Avenue R 1/2
Galveston, TX 77551
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For Sale
$375,000
2
Day(s) on Market
Multi-Family - Multiple Detached Dw
2,048
Built
Sqft./Appraisal District
5,100
Lot
Sqft./Appraisal District
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| 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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| MLS# | 88449030 |
| List Price | $375,000 ($183/Sqft.) |
| Listing Status | For Sale |
| Address | 4715 Avenue R 1/2 |
| City | Galveston |
| State | TX |
| Zip Code | 77551 |
| County | Galveston County |
| Subdivision | Hasselmeier Sw & Se 130 (View subdivision price trend) |
| Legal Description | ABST 628 M B MENARD SUR LOT 13 L G HASSELMEIER SUB |
| Property Type | Multi-Family - Multiple Detached Dw |
| Stories | 2 |
| Building Size | 2,048 Sqft/Appraisal District |
| Year Built | 1965 /Appraisal District |
| Lot Size | 5,100 Sqft/Appraisal District |
| Key Map© | 774Y |
| Market Area | Midtown - Galveston |
| 1 Bdr # | 1 |
| 2 Bdr # | 1 |
| Heating | Central Electric |
| Cooling | Central Electric |
| Floors | Carpet, Laminate, Wood |
| Energy Feature | Ceiling Fans |
| Exterior Type | Wood |
| Parking | Garage Parking |
| Roof | Composition |
| Front Door Face | North |
| Parking Unit | One |
| Subdivision Name | L G Hasselmeier Sub |
| County | Galveston |
| Zip Code | 77551 |
| Single Family Properties | 29 |
| Average Baths | 1.52 |
| Median Sqft. | 1,370 |
| Median Lot SqFt. | 5,100 |
| Median Year Built | 1965 |
| Median Appraised Value | $297,600 |
| Neighborhood Value Range | $167 - $495 K |
| Median Appraised Value / Sqft. | $217.23 |