Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4924 Avenue P 1/2 Galveston, TX 77551

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $525,000

    Triplex with two-bedroom units and shared laundry facilities.

    Lot size:
    0.14 Acres

    Property Features for 4924 Avenue P 1/2

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1960

    Source: Pinnacle Realty Advisors Agent Yesenia Vela

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Galveston Triplex Investment Opportunity

    This triplex presents an investor opportunity. The property features two units with two bedrooms and one bathroom each. Additionally, there is one unit with two bedrooms and two bathrooms. A shared utility room is available for tenant use, equipped with a washer and dryer. Parking is available in the driveway and on the street. Additional parking space is located at the back of the triplex.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galveston
    County
    Galveston
    State
    Texas
    Longitude
    -94.8196643
    Latitude
    29.28351

    Nearby Similar for Sale

    • $900,000
      27,234 SF

      Galveston Industrial Buildings For Sale

      Industrial property in Galveston featuring multiple buildings and significant land.
      320 77Th St, Galveston, TX 77554
      View Details
    • $689,000
      1,192 SF

      Galveston Duplex Near Seawall

      Remodeled duplex near the Seawall, move-in ready, potential income property.
      2811 Q 1/2, Galveston, TX 77550
      View Details
    • $365,000
      1,020 SF

      Galveston Multifamily Property Near Beach

      Multifamily property featuring a house and duplex near the beach.
      5224 Avenue M 1/2, Galveston, TX 77550
      View Details
    • $209,500
      782 SF

      Galveston Cottages Investment Opportunity

      Two cottages on one lot near Galveston's amenities.
      4413 Bernardo De Galvez Ave, Galveston, TX 77550
      View Details
    • $1,585,000
      3,840 SF

      Galveston Mixed-Use Retail Opportunity

      Historic retail building with additional residential property on large lot.
      4302 Broadway St, Galveston, TX 77550
      View Details
    • $499,950

      Two Detached Homes on Lot

      Two move-in-ready homes perfect for multi-generational families or rental.
      4213 Avenue S, Galveston, TX 77550
      View Details

    FAQs

    What type of property is this?
    Triplex - Triplex with two-bedroom units and shared laundry facilities.
    Where is this triplex located?
    The property is located at 4924 Avenue P 1/2 Galveston, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Triplex Unit: Ideal for investors seeking rental income.; - Two units feature two spacious bedrooms and one bathroom.; - One unit includes two bedrooms and two bathrooms.
    (409) 354-8369
    Request Owner's contact information
    4924 Avenue P 1/2 Galveston, TX 77551
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4924 Avenue P 1/2
    Galveston, TX 77551
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4924 Avenue P 1/2 Galveston, TX 77551
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.