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Two-Unit Multifamily Property

3322 Avenue R 1/2, Galveston, TX 77550

For Sale
$625,000

Separate gated residences share a two-car garage, with paved off-street parking at the front residence.

Property Size1,590 SF
Price / SF$393.08
Days on Market214

Property Features for 3322 Avenue R 1/2

General Information

Standard status Active
Size 1,590 SF
Property subtype Multi Family,Multiple Detached Dwellings

Additional Details

Utilities to Site Yes

Building Details

Building Size 1,590 SF
Year Built 1960
Buildings 2
Listing Agency: Absolute Realty and Management , LLC.
Listed By: Brian Becker · License #0589104
Source: Kimberlylaneproperties
Added: Apr 10 Changed: Nov 8 Last Checked: Nov 8 at 4:11PM

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 Absolute Realty and Management , LLC.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property comprises two houses, each with one bedroom and a bonus room. The front residence includes upgraded features, while the rear house has a downstairs garage section. A gate separates the two homes, and both have access to a shared two-car garage. The front house also has more than 50 feet of paved off-street parking. The property measures 1,590 square feet and was built in 1960, on a site of more than 5,700 square feet.

The Galveston property is located three blocks from the seawall and within 3 miles of UTMB, Shriners Hospital, GCC, downtown, and other tourist attractions. The all-electric setup is suitable for solar panels.

Key Highlights

  • Two houses, each with 1 bedroom and a bonus room
  • Shared two‑car garage; rear house also has a downstairs garage section
  • Front house offers more than 50 feet of paved off‑street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby

Demographics for 77550, TX

24,247
Population
15,811
Households
1.5
Avg Household Size
41
Median Age
33%
College-Educated
87%
High-School Grad
7.6 sq mi
ZIP Area
3,190
Density / Sq Mi
$46,262
Median Household Income
$35,800
Median Earnings
$1,182
Median Rent
$283,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Galveston, TX

$248 Jul
$229 Aug
$237 Sep
$228 Oct

Properties on Market for Multifamily properties in Galveston

Jul
Aug
Sep
Oct

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?
Multifamily property - Separate gated residences share a two-car garage, with paved off-street parking at the front residence.
Where is this multifamily property located?
The property is located at 3322 Avenue R 1/2 Galveston, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two houses, each with 1 bedroom and a bonus room; Shared two‑car garage; rear house also has a downstairs garage section; Front house offers more than 50 feet of paved off‑street parking
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