This property is no longer available. Similar buildings are listed below.
$364,900
8-Unit Multifamily in Galveston, TX
TX · listed Sep 2, 2026 (56 days)
Price per unit compared
This property$46K
Within ~40 mi (220)$98K
Texas median (1,029)$100K
- $/unit
- $45,612
- ▼ 54% vs TX · 3rd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1970
Financials
- Asking price
- $364,900
- Price per unit
- $45,612
- Price per sq ft
- $57
- 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
- 8
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1970
- Building size
- 6,393 sq ft
- Avg unit size
- 799 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 2, 2026
- Days on market
- 56 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1828
About this property
A standout Galveston investment opportunity offering multiple residential units in a location that puts residents close to the island’s vibrant attractions, waterfront destinations, restaurants, and everyday conveniences. With its multifamily configuration and convenient access to surrounding areas, this property offers flexibility for investors looking to expand their portfolio or capitalize on Galveston’s strong rental demand. A well-positioned opportunity in a sought-after coastal market.
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Galveston, TXValue-add | $1.4M | $200K$200K | — |
 Galveston, TXStabilized | $900K | $129K$129K | — |
 Galveston, TXHigh yieldValue-add | $1M | $71K$71K | 10% |
 Galveston, TXOwner financingValue-add | $1M | $71K$71K | 6.4% |
 Galveston, TXHigh yieldStabilized | $1.15M | $144K$144K | 9.3% |
 Galveston, TXValue-add | $600K | $26K$26K | — |