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Turnkey Triplex with In-Unit Laundry
For Sale
$529,000

5315 Avenue R, Galveston, TX 77551

Fully remodeled triplex features three occupied units with stainless appliances, quartz counters, and in-unit washer/dryer hookups.

Property Size2,903 SF
Price / SF$182.23
Days on Market125

Property Features for 5315 Avenue R

General Information

Standard status Active
Size 2,903 SF
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $5,238

Amenities

Plank,Vinyl
Yes
2
3
Window Coverings
Washer Hookup,Dryer Hookup
Appraiser
Quartz Counters,Window Treatments,Ceiling Fan(s)
4800
Paved
2903

Building Details

Building Size 2,903 SF
Year Built 1960
Stories 1
Listing Agency: RE/MAX Leading Edge
Listed By: Davy Herrin · License #0630048
Source: Garygreene
Added: May 2 Changed: Sep 3 Last Checked: Sep 2 at 1:32PM

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 RE/MAX Leading Edge

Investment Insights

Based on property information with market context.

This fully remodeled triplex was updated in 2021 and presents as a turnkey, income-producing property with all units currently occupied. The front portion is a duplex with two 2-bedroom, 2-bath units, each with stainless-steel appliances, quartz countertops, designer bathrooms, and in-unit washer/dryer. The rear detached unit offers 3 bedrooms and 2 baths with the same appliance and finishes package, including in-unit washer/dryer.

The property is located at 5315 Avenue R in Galveston, Texas 77551. The configuration provides three separate residential units under one ownership, including two units in the front duplex and one detached unit in the rear.

From a practical standpoint, the updates and unit amenities are consistent across the property, supporting straightforward tenant-ready living arrangements for each unit.

Key Highlights

  • Fully remodeled in 2021 triplex with 3 occupied units and in‑unit washer/dryer hookups
  • Front duplex: two 2‑bedroom, 2‑bath units, each 1,002 sq ft
  • Rear detached unit: 3‑bedroom, 2‑bath unit with 899 sq ft

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Fully remodeled triplex features three occupied units with stainless appliances, quartz counters, and in-unit washer/dryer hookups.
Where is this triplex located?
The property is located at 5315 Avenue R Galveston, TX.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Fully remodeled in 2021 triplex with 3 occupied units and in‑unit washer/dryer hookups; Front duplex: two 2‑bedroom, 2‑bath units, each 1,002 sq ft; Rear detached unit: 3‑bedroom, 2‑bath unit with 899 sq ft
More about this property
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