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    4216 Avenue M 1/2 Galveston, TX 77550

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    For Sale
    $400,000

    Triplex near beach, ideal for rental or multi-generational living.

    Lot size:
    0.12 Acres

    Property Features for 4216 Avenue M 1/2

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1973

    Source: Coldwell Banker Realty - The Woodlands Agent Fabian Martinez

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

    Overview

    Galveston Triplex Near Beach

    This triplex is located moments from The Strand, Seawall, beach, and Pleasure Pier. The property offers three separate units, suitable for various uses such as living in one unit and renting the others, maximizing income through rentals, or multi-generational living. Unit 1, located downstairs, features 3 bedrooms and 1.5 bathrooms, a bright living area, a full kitchen, and a dining space. Unit 2, located upstairs, includes 1 bedroom, 1 bathroom, a modern kitchen, and a light-filled living/dining area. Unit 3, also upstairs, has a similar layout with updated finishes, featuring 1 bedroom and 1 bathroom. The flexible layout offers rental potential or multi-generational living. The property is suitable for Airbnb or long-term rental.
    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
    -94.8132274
    Latitude
    29.2908812

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    FAQs

    What type of property is this?
    Triplex - Triplex near beach, ideal for rental or multi-generational living.
    Where is this triplex located?
    The property is located at 4216 Avenue M 1/2 Galveston, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Triplex with income potential: Live in one unit and rent the other two.; - Prime location: Moments from The Strand, Seawall, beach, and Pleasure Pier.; - Versatile property: Ideal for Airbnb, long-term rental, or multi-generational living.
    (281) 386-8772
    Request Owner's contact information
    4216 Avenue M 1/2 Galveston, TX 77550
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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
    4216 Avenue M 1/2 Galveston, TX 77550
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