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Galveston Income-Producing Quadplex Near UTMB

609 Sealy St Rear, Galveston, TX 77550

For Sale
$639,000

Fully rehabbed 4-unit property near UTMB and the beach.

Property Size1,623 SF
Lot Size0.05 Acres
Days on Market248

Property Features for 609 Sealy St Rear

General Information

Standard status Active
Size 1,623 SF
Lot size 0.05 Acres
Property subtype Investment
Lease Term 12 months

Building Details

Building Size 1,623 SF
Year Built 1630
Stories 2
Units 2
Listing Agency: homecoin.com
Listed By: Jonathan Minerick · License TX #01523060
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 25 at 5:48AM

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 homecoin.com

Rey
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Investment Insights

Based on property information with market context.

Located at 609 Sealy Rear, this income-producing property was fully rehabbed in 2024. The modern 4-unit building features a mix of layouts, including three 1-bedroom/1-bath apartments and one 2-bedroom/2-bath unit. The 2-bedroom unit includes luxury finishes, a private rooftop terrace, and a step-in closet. Each apartment is equipped with a washer and dryer, stainless steel appliances, efficient mini-splits, and modern finishes. The property is situated in a no-flood zone location near UTMB and the beach. This property is suitable for expanding an investment portfolio or securing a property in Galveston’s rental market.

Key Highlights

  • Fully rehabbed in 2024, offering a modern, turnkey investment property.
  • Prime location within walking distance of UTMB and the beach.
  • Four units: three 1‑bedroom/1‑bath and one 2‑bedroom/2‑bath with a private rooftop terrace.

Property Analytics

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

Location Intelligence

Trade Area within ½ mile

1,905
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

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 - Fully rehabbed 4-unit property near UTMB and the beach.
Where is this quadplex located?
The property is located at 609 Sealy St Rear Galveston, TX.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Fully rehabbed in 2024, offering a modern, turnkey investment property.; Prime location within walking distance of UTMB and the beach.; Four units: three 1‑bedroom/1‑bath and one 2‑bedroom/2‑bath with a private rooftop terrace.
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