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Turnkey Galveston Multifamily Investment Property

1515 19th St Galveston, TX 77550

1515 19th St, Galveston, TX, 77550
$849,900
For Sale
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$849,900

Fully remodeled, 6-unit property near UTMB and the beach.

AddedApr 11
Days on Market97
Last RefreshJul 15 at 3:39 pm

Property Features for 1515 19th St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1970

Listing office

Listing date Apr 11, 2026

Source Elliman

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 Michael Ramirez


Investment Insights

Based on property information with market context.

This turnkey, income-producing multifamily property is located minutes from UTMB and the beach in Galveston. The fully remodeled property is 100% occupied, offering strong in-place income with immediate cash flow and future upside. The property features six units: one 2-bedroom 1-bath unit, four 1-bedroom 1-bath units, and one efficiency. All units are fully furnished and beautifully updated, making them suitable for long-term or short-term rental flexibility. A standout feature is the expansive outdoor pavilion, designed for gathering and entertaining. It includes multiple seating areas, custom pergolas, string lighting, and a central fountain space, creating a resort-like atmosphere. The pavilion also offers room for expansion, adding additional income potential. Located six blocks from the beach on an extra-wide street with bike lanes and less than 2 miles from the UT Medical Branch, the property is well-positioned for consistent tenant demand from medical professionals, students, and vacation renters. The property has a bike score of 74, indicating it is very bikeable, and a walk score of 80, indicating it is very walkable.

Key Highlights

  • Turnkey, fully remodeled 6‑unit income‑producing property, 100% occupied with immediate cash flow.
  • Prime location: Minutes from UTMB and six blocks from the beach.
  • Fully furnished and beautifully updated units suitable for long‑term or short‑term rentals.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Storage Facility Home Appliance Store (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service

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

FAQs

What type of property is this?
Apartment building - Fully remodeled, 6-unit property near UTMB and the beach.
Where is this apartment building located?
The property is located at 1515 19th St Galveston, TX.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Turnkey, fully remodeled 6‑unit income‑producing property, 100% occupied with immediate cash flow.; Prime location: Minutes from UTMB and six blocks from the beach.; Fully furnished and beautifully updated units suitable for long‑term or short‑term rentals.
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