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Furnished 4-Unit Income Property
For Sale
$524,900

1113 28th Street, Galveston, TX 77550

Four separately rentable 2BR/1BA units are offered fully furnished across a duplex and two detached bungalows.

Property Size2,800 SF
Price / SF$187.46
Days on Market54

Property Features for 1113 28th Street

General Information

Standard status Active
Size 2,800 SF
Property subtype Income

Additional Details

Furnished Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,612

Amenities

Plank,Vinyl
Yes
4
Furnished
8
Appraiser
Furnished,CeilingFans
CornerLot
5136
2800

Building Details

Building Size 2,800 SF
Year Built 1952
Stories 2
Tenancy Multi
Listing Agency: Allure Real Estate Brokerage
Listed By: G.G. Corporate Connect
Source: Garygreene
Added: Jul 17 Changed: Sep 7 Last Checked: Sep 8 at 4:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allure Real Estate Brokerage

Investment Insights

Based on property information with market context.

This furnished four-unit income property includes four separately rentable 2-bedroom, 1-bathroom units across three distinct buildings: a duplex and two detached bungalows. The configuration totals eight bedrooms and four bathrooms, with each unit featuring its own kitchen and bath. The property is described as turnkey and ready for continued operation, with no renovation needed.

The asset is located at 1113 28th Street in Galveston, Texas, in the Historic East End. The public remarks state the location is walkable to the Seawall and beach as well as the Strand and nearby restaurants, and minutes from UTMB.

Documented gross income history is provided in the remarks: $71,059 in 2024, $73,962 in 2025, and $56,366 year-to-date in 2026. The seller notes flexible strategies, including short-term, mid-term, long-term, or a blended approach, and advises buyers to independently verify income, expenses, and rental opportunities.

Key Highlights

  • Four separately rentable 2BR/1BA units totaling 8 bedrooms and 4 bathrooms
  • Offered fully furnished across a duplex and two detached bungalows (three buildings total)
  • 2800 total building area on a 5,136 SF corner lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,375
Businesses Nearby

Demographics for 77550, TX

24,247
Population
15,811
Households
1.5
Avg Household Size
41
Median Age
33%
College-Educated
87%
High-School Grad
7.6 sq mi
ZIP Area
3,190
Density / Sq Mi
$46,262
Median Household Income
$35,800
Median Earnings
$1,182
Median Rent
$283,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately rentable 2BR/1BA units are offered fully furnished across a duplex and two detached bungalows.
Where is this quadplex located?
The property is located at 1113 28th Street Galveston, TX.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Four separately rentable 2BR/1BA units totaling 8 bedrooms and 4 bathrooms; Offered fully furnished across a duplex and two detached bungalows (three buildings total); 2800 total building area on a 5,136 SF corner lot
More about this property
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