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Remodeled Multifamily Property
For Sale
$329,500

5415 Avenue L, Galveston, TX 77551

Two residential units feature updated kitchens, gas ranges, and in-unit laundry appliances.

Property Size940 SF
Price / SF$350.53
Days on Market1524

Property Features for 5415 Avenue L

General Information

Standard status Active
Size 940 SF
Property subtype Multi-Family / Multiple Houses

Units

Unit Mix 1 x 2BR/1BA (approx 940 sf), 1 x 2BR/1.5BA (approx 876 sf)
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,400

Amenities

granite kitchens
subway tile backsplash
gas stoves
washer/dryer
mini-split window units
front porch
No
Vinyl,Laminate
2
1 Bath, 1.5 Baths, Ceiling Fan(s), Refrigerator, Washer/Dryer
Cyclone/Chain,Wood

Building Details

Year Built 1960
Listing Agency: Joe Tramonte Realty
Listed By: VJ Tramonte · License #0356657
Source: Compass
Added: Jul 4, 2022 Changed: Sep 2 Last Checked: Sep 1 at 11:12PM

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 Joe Tramonte Realty

Investment Insights

Based on property information with market context.

This multifamily property includes two remodeled residential homes: a front 2/1 residence of approximately 940 SF and a rear 2/1.5 residence of approximately 876 SF. The homes are configured across one and two stories and include granite countertops, subway tile backsplashes, gas stoves, refrigerators, and washer/dryer appliances. Mini-split window units provide the listed cooling configuration, while ceiling fans are also included.

Exterior elements include a front porch, a long driveway, and cyclone/chain and wood fencing. The property is located at 5415 Avenue L in Galveston, Texas. Built in 1960, the asset combines two residential layouts with remodeled interior finishes and existing household appliances.

Key Highlights

  • Front 2/1 home is approximately 940 SF; rear 2/1.5 home is approximately 876 SF
  • Two remodeled residential homes across one- and two‑story configurations
  • Granite kitchens with subway tile backsplashes and gas stoves

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Dental Office Catering Service Accounting Firm Tech Support Center

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

499
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?
Multifamily property - Two residential units feature updated kitchens, gas ranges, and in-unit laundry appliances.
Where is this multifamily property located?
The property is located at 5415 Avenue L Galveston, TX.
What is the asking price?
The asking price for this property is $329,500.
What are key features of this property?
This property features: Front 2/1 home is approximately 940 SF; rear 2/1.5 home is approximately 876 SF; Two remodeled residential homes across one- and two‑story configurations; Granite kitchens with subway tile backsplashes and gas stoves
More about this property
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