MULTIFAMILYRADAR
10-Unit Multifamily in Galveston, TX, photo 11 / 25
$950,000

10-Unit Multifamily in Galveston, TX

TX · listed Aug 14, 2026 (75 days)

Price per unit compared
This property$95K
Within ~40 mi (216)$97K
Texas median (1,029)$100K
$/unit
$95,000
▼ 5% vs TX · 45th pct
Cap rate
—
 
Gross yield
—
 
Units
10
1945

Financials

Asking price
$950,000
Price per unit
$95,000
Price per sq ft
$339
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
10
Unit mix
Not stated
Buildings
Not stated
Year built
1945
Building size
2,800 sq ft
Avg unit size
280 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Aug 14, 2026
Days on market
75 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1542

About this property

Rare opportunity to purchase a 10-plex, just 1 block from Stewart and Porretto beaches on beautiful Galveston Island! Tour these updated, adorable, modern, short term beach cottage rentals. Fully renovated and fully furnished, this investment is turn key and ready for new owners to take over. Walk to restaurants, shopping and the beach.

Multi-family

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
Galveston, TX
NewNew construction
$8.2M$1.17M—
8-Unit Multifamily in Galveston, TXGalveston, TX
High yieldNew construction
$1.1M$138K9%
8-Unit Multifamily in Galveston, TXGalveston, TX
High yieldNew construction
$1.3M$162K9.7%
Galveston, TX
NewNew construction
$1.1M$138K—
6-Unit Multifamily in Galveston, TXGalveston, TX
High yieldStabilized
$1.04M$173K8.5%
20-Unit Multifamily in Galveston, TXGalveston, TX
Value-add
$2.5M$125K—