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Galveston Multifamily Investment Property
For Sale
$400,000
Pending

2308 53rd St, Galveston, TX 77551

Centrally located, renovated fourplex suitable for short or long-term tenants.

Property Size2,621 SF
Lot Size0.11 Acres
Days on Market221

Property Features for 2308 53rd St

General Information

Standard status Pending
Size 2,621 SF
Lot size 0.11 Acres
Property subtype Investment
Lease Term Month-to-month

Taxes and HOA fees

Annual Taxes $6,208

Building Details

Building Size 2,621 SF
Year Built 1955
Stories 2
Units 1
Listing Agency: Keller Williams Realty
Listed By: Joaquin Lopez · License #0657845
Source: Elliman
Added: Mar 11 Changed: Oct 16 Last Checked: Oct 16 at 11:12AM

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 Keller Williams Realty

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Investment Insights

Based on property information with market context.

This fourplex is centrally located and suitable for both short and long-term tenants. The property has been newly renovated inside and out. This multifamily investment property is easy to rent and remains occupied.

Key Highlights

  • Centrally located on the island.
  • Newly renovated inside and out.
  • Economical fourplex.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Cosmetic Store Pet Grooming Service 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

737
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Centrally located, renovated fourplex suitable for short or long-term tenants.
Where is this quadplex located?
The property is located at 2308 53rd St 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: Centrally located on the island.; Newly renovated inside and out.; Economical fourplex.
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