1820 Avenue O 1/2 - Apartments FOR SALE


Galveston, TX 77550- San Jacinto
$795,000 USD
409-771-8157
1820 Avenue O 1/2, Galveston, TX for Sale
$795,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

1820 Avenue O 1/2
Galveston, TX 77550
San Jacinto


HIGHLIGHTS

  • About 1 Block From The Beach
  • 1 off-street parking spot per unit
  • On-site Laundry

OVERVIEW

Coastal investment opportunity just blocks from the beach at 1820 Ave O 1/2 in Galveston. This 7-unit property offers strong income potential with 5 one-bedroom, one-bath units and 2 studios. In 2025, 5 units operated as short-term rentals (3 one-bedrooms and 2 studios) with 2025 gross income of $99,708. The remaining 2 units were leased long-term which brought the gross income to $122,871 in 2025. Currently, 6 units are being leased short-term and 1 long-term at $1,150, monthly. Each unit includes one off-street parking space, and there is an on-site laundry room for tenant convenience. Ideal for investors seeking short-term rental revenue or long-term stability in a prime island location.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

7

PRICE/UNIT

$113,571

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Apartments About 1 Block from Beach

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

Urban Neighborhood

APN/PARCEL ID

3510-0070-0012-000

ASK ABOUT THIS PROPERTY

Anthony JensenZapp RealtyMore Info
409-771-8157

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Anthony JensenZapp RealtyMore Info
409-771-8157

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.