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Galveston Multifamily Investment Opportunity
For Sale
$449,000

4728 Avenue R, Galveston, TX 77551

Three houses for sale in Galveston, Texas.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market150

Property Features for 4728 Avenue R

General Information

Standard status Active
Lot size 0.12 Acres
Property subtype Investment

Building Details

Year Built 1965
Listing Agency: RE/MAX Leading Edge
Listed By: Casey Howell · License #0528430
Source: Elliman
Added: Mar 10 Changed: Jul 10 Last Checked: Aug 6 at 6:41AM

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 RE/MAX Leading Edge

Investment Insights

Based on property information with market context.

This offering presents an investor opportunity with three houses located in Galveston, Texas. The property at 4728 Avenue R, situated on a corner lot, features two bedrooms, two bathrooms, and a one-car garage. Noteworthy features include a garden, spacious rooms, newer windows, central air conditioning with ductwork approximately 1.5 years old, a tankless water heater, and an outdoor shower. The residence at 2214 48th Street includes two bedrooms and one bathroom, with washer and dryer connections located in a storage building. The refrigerator belongs to the current tenant. The property at 2216 48th Street also offers two bedrooms and one bathroom, equipped with central air and heating that is approximately nine years old, and a gas stove. This unit shares washer and dryer connections in the storage building with 2214 48th Street.

Key Highlights

  • Three houses included in the sale.
  • 4728 Ave R: 2 bedroom, 2 bath layout with a 1‑car garage on a corner lot.
  • 4728 Ave R has newer windows, central air (ductwork ~1.5 years old), and a tankless water heater.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture

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

Location Intelligence

Trade Area within ½ mile

890
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

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 - Three houses for sale in Galveston, Texas.
Where is this duplex located?
The property is located at 4728 Avenue R Galveston, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Three houses included in the sale.; 4728 Ave R: **2 bedroom, 2 bath layout with a 1‑car garage on a corner lot.**; 4728 Ave R has newer windows, central air (ductwork ~1.5 years old), and a tankless water heater.
More about this property
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