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Two-Unit Duplex
For Sale
$215,000

1124 47th Street, Galveston, TX 77551

Residential Income, Galveston, TX

Property Size2,448 SF
Lot Size0.07 Acres
Price / SF$87.83
Days on Market569

Property Features for 1124 47th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Rooms Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Fencing Chain Link
Subdivision Guzman Addn (2007)
Lot features Corner Lot, Curbs & Gutters, Sidewalks
Directions Turn off Broadway toward beach on 47th. House is on left on the corner of 47th and Ave L.
Standard status Active
APN 3781-0000-0001-000
Size 2,448 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description .07 acre of land being Lot 1, Guzman Add
Tax Annual Amount 4848
Legal Description .07 acre of land being Lot 1, Guzman Add

Building Details

Year built 1968
Number of units 2
Flooring type Carpet, Tile, Laminate
Roof type Composition
Listing Agency: M E Realty
Listed By: Mary Ellen Smith · License #0441260
Added: Feb 26, 2025 Changed: Sep 15 Last Checked: Sep 18 at 4:06AM
MLS# 20250064

Copyright © 2026 Galveston Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,448-square-foot duplex contains two residential units, with each apartment arranged as a two-bedroom, one-bath residence. The property was built in 1968 and includes carpet, tile, and laminate flooring, along with a composition roof and chain-link fencing. The lot measures 0.0747 acres.

Located in Galveston, the property offers access to restaurants and shopping, with the beach, Galveston Strand, and bay fishing reachable by a short drive. Its position between Broadway and Cedar Lawn connects the duplex with several of the island’s established recreational and commercial destinations.

Key Highlights

  • Two‑unit duplex with 2,448 square feet
  • Each apartment includes 2 bedrooms and 1 bath
  • 0.0747‑acre lot in Galveston

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Pharmacy Accounting Firm Skin Care Clinic Computer & Electronic Repair

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

669
Businesses Nearby

Demographics for 77551, TX

22,677
Population
11,184
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
86%
High-School Grad
4.0 sq mi
ZIP Area
5,669
Density / Sq Mi
$59,792
Median Household Income
$33,721
Median Earnings
$1,342
Median Rent
$278,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Each residence provides two bedrooms and one bathroom within a compact income-producing property.
Where is this duplex located?
The property is located at 1124 47th Street Galveston, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,448 square feet; Each apartment includes 2 bedrooms and 1 bath; 0.0747‑acre lot in Galveston
More about this property
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