MULTIFAMILYRADAR
6-Unit Multifamily in Galveston, TX, photo 11 / 30
$945,000

6-Unit Multifamily in Galveston, TX

TX · listed Jun 29, 2026 (121 days)

Price per unit compared
This property$158K
Within ~40 mi (221)$98K
Texas median (1,029)$100K
$/unit
$157,500
▲ 57% vs TX · 77th pct
Cap rate
—
 
Gross yield
—
 
Units
6
1945

Financials

Asking price
$945,000
Price per unit
$157,500
Price per sq ft
$216
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
6
Unit mix
Not stated
Buildings
Not stated
Year built
1945
Building size
4,383 sq ft
Avg unit size
731 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Jun 29, 2026
Days on market
121 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1459

About this property

Welcome to Coastal Cabanas, a rare opportunity to own a fully renovated multi-unit property in one of Galveston's most convenient locations. Situated near downtown attractions, restaurants, shopping, entertainment, and the island's cruise terminals, this income-producing property offers six separate residences designed to accommodate a variety of rental strategies. Extensive renovations have transformed the property with modern systems and finishes throughout, creating a low-maintenance investment for years to come. Residents and guests can enjoy a private outdoor gathering space, dedicated parking, and easy access to everything Galveston has to offer. Whether you're seeking a portfolio addition, an owner-occupancy opportunity with supplemental income, or a property positioned for rental flexibility, Coastal Cabanas delivers a unique combination of location, functionality, and long-term potential.

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
8-Unit Multifamily in Galveston, TXGalveston, TX
▼ 4% cutHigh yieldNew construction
$1.2M$149K9.3%
5-Unit Multifamily in Galveston, TXGalveston, TX
Value-add
$1.35M$270K—
7-Unit Multifamily in Galveston, TXGalveston, TX
Stabilized
$645K$92K—
24-Unit Multifamily in Galveston, TXGalveston, TX
High yieldNew construction
$3.64M$152K9.2%
6-Unit Multifamily in Galveston, TXGalveston, TX
Stabilized
$1.75M$292K—
8-Unit Multifamily in Galveston, TXGalveston, TX
▼ 3% cutHigh yieldNew construction
$1.25M$156K9%