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2-Unit Duplex
New
For Sale
$295,000

4906 Avenue P 1/2, Galveston, TX 77551

Both residences offer two bedrooms, with separate utility meters and month-to-month occupancy.

Property Size1,892 SF
Price / SF$155.92
Days on Market4

Property Features for 4906 Avenue P 1/2

General Information

Standard status Active
Size 1,892 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Building Details

Year Built 1942
Listing Agency: Brooks & Davis Real Estate
Listed By: HTOWN OWNER FINANCE
Source: Ownerfinancinginhouston
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 14 at 11:25PM

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 Brooks & Davis Real Estate

Investment Insights

Based on property information with market context.

Built in 1942, this 1,892-square-foot duplex has an upper residence and a lower residence, each with two bedrooms. Both units have entrances at the front and rear of the building, and each is served by a separate meter.

The upper unit has central air conditioning; the lower unit uses window units. Occupancy is on a month-to-month basis.

Key Highlights

  • Two residences, each with two bedrooms
  • 1,892 square feet; built in 1942
  • Separate meters serve the two units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Acupuncture Garden Center Tech Support Center Dental Office

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

627
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, with separate utility meters and month-to-month occupancy.
Where is this duplex located?
The property is located at 4906 Avenue P 1/2 Galveston, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two residences, each with two bedrooms; 1,892 square feet; built in 1942; Separate meters serve the two units
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