This property is no longer available. Similar buildings are listed below.
Stabilized
$699,000
8-Unit Multifamily in Galveston, TX
Galveston County, TX · listed Jun 30, 2025 (485 days)
Price per unit compared
This property$87K
Within ~40 mi (219)$98K
Texas median (1,029)$100K
- $/unit
- $87,375
- ▼ 13% vs TX · 39th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
Financials
- Asking price
- $699,000
- Price per unit
- $87,375
- Price per sq ft
- $195
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Eight 1 bedroom 1 bath rental units
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 3,578 sq ft
- Avg unit size
- 447 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 30, 2025
- Days on market
- 485 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1575
About this property
FANTASTIC MULTI-FAMILY INVESTMENT OPPORTUNITY! Well maintained 8 Plex located on Galveston Island. 100% occupied as of 1/1/2025. Located just minutes from the beach, local shops, and restaurants. Eight 1 bedroom 1 bath rental units offering modern finishes. Call today!!!
Multifamily
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Galveston, TXValue-add | $600K | $26K$26K | — |
 Galveston, TXHigh yieldStabilized | $1.15M | $144K$144K | 9.3% |
 Galveston, TXStabilized | $900K | $129K$129K | — |
 Galveston, TXHigh yieldStabilized | $965K | $64K$64K | 12.5% |
 Galveston, TX▼ 4% cutHigh yieldNew construction | $1.2M | $149K$149K | 9.3% |
 Galveston, TX▼ 3% cutHigh yieldNew construction | $1.25M | $156K$156K | 9% |