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    2117 Saladia St Galveston, TX 77551

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    For Sale
    $525,000

    Four-unit property with owner-occupancy option and income potential.

    Lot size:
    0.07 Acres

    Property Features for 2117 Saladia St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    2002

    Source: Coldwell Banker TGRE Agent Kyle Sims

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

    Overview

    Four Unit Multifamily Property

    This four-unit property presents an investment opportunity with income potential and owner-occupancy flexibility. It includes three one-bedroom units, each recently rented for $1,050 per month, suitable for vacation or long-term rentals. The owner's unit spans the top two floors and features four bedrooms, a large bonus room that could serve as a fifth bedroom, new carpet, and private laundry facilities. Recent upgrades include a new roof, two newer AC units, and fresh exterior paint. The walls on the ground level are all break apart walls. Storage is available with an attached garage and multiple storage rooms. A shared coin-operated laundry room serves the one-bedroom units, while the owner's unit has private laundry. This well-maintained property offers a mix of space, value, and long-term potential.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -94.8282967
    Latitude
    29.2791619

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with owner-occupancy option and income potential.
    Where is this quadplex located?
    The property is located at 2117 Saladia St 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: - Excellent income potential from three 1-bedroom units, each recently rented at $1,050/month.; - Spacious owner's unit with 4 bedrooms plus a bonus room (potential 5th bedroom), private laundry, and new carpet.; - New roof and two newer AC units.
    (409) 457-8699
    Request Owner's contact information
    2117 Saladia St Galveston, TX 77551
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    Galveston, TX 77551
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    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
    2117 Saladia St Galveston, TX 77551
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