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Remodeled Triplex Income Property

5311 Perry Ave Galveston, TX 77551

5311 Perry Ave, Galveston, TX, 77551
$348,000
For Sale
$348,000

Completely remodeled triplex with a new roof and three updated units, including one 1-bedroom and two 2-bedroom layouts.

Days on Market71

Property Features for 5311 Perry Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1965
Listing agency
Listed by Liza Dydyshka Wood
Source Elliman
Added: May 12 Updated: Jul 21 at 6:31AM Checked: Jul 21 at 6:31AM

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 Liza Dydyshka Wood


Investment Insights

Based on property information with market context.

This completely remodeled triplex offers three separate units configured for rental income. The property includes one one-bedroom, one-bath unit and two two-bedroom, two-bath units. Interior updates noted include new flooring in two units and fresh interior paint. Two bathrooms have been completely remodeled, and the electrical has been upgraded. The roof is listed as new for 2025.

Additional improvements include an oversized one-car garage associated with one of the units. The public remarks describe the property as centrally located on the island, with suitability for short- or long-term tenants.

Overall, the mix of unit sizes and the listed system and interior upgrades make this a turnkey triplex for an owner-occupant or investor strategy where feasible.

Key Highlights

  • Completely remodeled 3‑unit triplex with three updated units: 1 one‑bedroom, 1‑bath unit plus two 2‑bedroom, 2‑bath units
  • New roof (2025) and electrical upgrades
  • Over $50K in upgrades, including new flooring in 2 units and fresh interior paint

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office Parking Lot & Garage Locksmith Acupuncture Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Cosmetic Store Pet Grooming Service

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

FAQs

What type of property is this?
Triplex - Completely remodeled triplex with a new roof and three updated units, including one 1-bedroom and two 2-bedroom layouts.
Where is this triplex located?
The property is located at 5311 Perry Ave Galveston, TX.
What is the asking price?
The asking price for this property is $348,000.
What are key features of this property?
This property features: Completely remodeled 3‑unit triplex with three updated units: 1 one‑bedroom, 1‑bath unit plus two 2‑bedroom, 2‑bath units; New roof (2025) and electrical upgrades; Over $50K in upgrades, including new flooring in 2 units and fresh interior paint
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