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    Galveston, TX Multifamily Properties for Sale

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    New 8-Unit Apartment Building
    Updated: Jun 9
    New 8-Unit Apartment Building

    808 Sealy Avenue, Galveston, TX 77550

    $1,299,000
    0.12 AC lot
    Newly constructed 8‑unit multifamily built in 2023 in Galveston’s East End Historic District
    Unit mix: eight 1BD/1BA units, each approximately 500 SF
    Current leasing at $1,500/month per unit with pass‑through expenses; pets allowed with deposit
    First occupants came online in September 2025; lease structures allow annual and seasonal rent increases
    Each unit includes stainless steel appliances, in‑unit washer and dryer, granite counters, recessed lighting, and dedicated closet space
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    Turnkey Triplex with In-Unit Laundry
    Updated: May 2
    Turnkey Triplex with In-Unit Laundry

    5315 Avenue R, Galveston, TX 77551

    $529,000
    2,903 sqft
    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
    Kitchen features stainless‑steel appliances and quartz counters in all units
    Total building area: 2,903 sq ft; lot size: 4,800 sq ft
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    Two-Story Duplex Investment Opportunity
    Two-Story Duplex Investment Opportunity

    511 43rd St, Galveston, TX 77550

    $180,000
    1,700 sqft

    A two-story duplex with room for updates, suited to investors seeking a value-add rental or STR strategy.

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    Galveston Duplex: Investor Opportunity
    Galveston Duplex: Investor Opportunity

    4828 Avenue Q 1/2, Galveston, TX 77551

    $327,500
    884 sqft 0.14 AC lot

    Two units in Galveston, Texas, with investment potential.

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    Galveston Multifamily Near Seawall
    Galveston Multifamily Near Seawall

    3102 Avenue R, Galveston, TX 77550

    $900,000
    0.12 AC lot

    Seven-unit multifamily property near Galveston's Seawall Boulevard.

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    East End Multifamily Investment Property
    East End Multifamily Investment Property

    1810 Church, Galveston, TX 77550

    $645,000
    0.12 AC lot

    Seven-unit multifamily property in Galveston's East End Historical District.

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    Three Homes on One Lot
    Three Homes on One Lot

    4007 Ball, Galveston, TX 77550

    $575,000
    0.13 AC lot

    Three renovated homes on one lot, all currently leased.

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    Beach View Condo in Galveston
    Beach View Condo in Galveston

    4111 Pointe West Dr 201, Galveston, TX 77554

    $559,000
    0.04 AC lot

    3-bed, 3-bath condo with beach views and Pointe West access.

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    Triplex Near Beach, Commercial Zoning
    Triplex Near Beach, Commercial Zoning

    4218 Ave S, Galveston, TX 77550

    $315,000
    0.12 AC lot

    Triplex with commercial zoning near the beach, investment opportunity.

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    Galveston Multifamily Investment Opportunity
    Galveston Multifamily Investment Opportunity

    4728 Avenue R, Galveston, TX 77551

    $449,000
    0.12 AC lot

    Three houses for sale in Galveston, Texas.

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    New Apartment Building with Modern Interiors
    New Apartment Building with Modern Interiors

    624 Avenue H, Galveston, TX 77550

    $1,100,000

    Brand-new apartment complex featuring open layouts, large windows, and stainless steel appliances in a walkable coastal area.

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    Boutique 8-Unit Multifamily Property
    Boutique 8-Unit Multifamily Property

    1811 21st St, Galveston, TX 77550

    $1,149,000

    Eight-unit apartment building with modern finishes, bright layouts, and proximity to UTMB and Galveston attractions.

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    Charming 7-Unit Apartment Building
    Charming 7-Unit Apartment Building

    1322 Avenue L, Galveston, TX 77550

    $949,000

    Seven-unit multifamily building with private porches or decks and rear assigned off-street parking.

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    Oceanfront Condo with Income Potential
    Oceanfront Condo with Income Potential

    6102 Seawall Boulevard 104, Galveston, TX 77551

    $204,900
    490 sqft 490.00 AC lot

    Oceanfront condo at Casa Del Mar with income potential.

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    Remodeled Condo Near Seawall
    Remodeled Condo Near Seawall

    3220 69th St B8, Galveston, TX 77551

    $142,000
    757.00 AC lot

    Top-floor, one-bedroom condo near the beach and shopping.

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    Triplex with Short-Term Rental Permits
    Triplex with Short-Term Rental Permits

    1310 Avenue N 1/2, Galveston, TX 77550

    $695,000

    Three-unit triplex with garage parking and central HVAC, fully permitted for short-term rentals under the city ordinance.

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    Historic East End Duplex
    Historic East End Duplex

    1626 Church St, Galveston, TX 77550

    $198,500
    0.08 AC lot

    Historic duplex in Galveston's East End, needs renovation.

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    Revenue Producing Duplex Near Beach
    Revenue Producing Duplex Near Beach

    2226 51st St, Galveston, TX 77551

    $250,000
    0.06 AC lot

    Duplex near beach, restaurants, and stores with steady rental income.

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    Renovated Brick Fourplex
    Renovated Brick Fourplex

    915 8th St, Galveston, TX 77550

    $750,000

    Updated fourplex with modern two-bedroom layouts, split HVAC, and double-pane windows near beach, medical centers, and universities.

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    Beachside Condo with Gulf Views
    Beachside Condo with Gulf Views

    10811 San Luis Pass Rd 1315, Galveston, TX 77554

    $279,000
    513.00 AC lot

    Top-floor condo with beach views and resort-style amenities.

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    Beachfront Condo with Gulf Views
    Beachfront Condo with Gulf Views

    26421 Cat Tail Dr 202, Galveston, TX 77554

    $395,000
    0.03 AC lot

    Two-bedroom beachfront condo with updated interiors and resort-style amenities.

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    Pool View Condo in Galveston
    Pool View Condo in Galveston

    27030 Estuary Dr 202, Galveston, TX 77554

    $315,000
    0.02 AC lot

    Turnkey condo with pool and bay views, sleeps six.

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    Turnkey Galveston Multifamily Investment Property
    Turnkey Galveston Multifamily Investment Property

    1515 19th St, Galveston, TX 77550

    $849,900

    Fully remodeled, 6-unit property near UTMB and the beach.

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    Updated Triplex Near Galveston Beach
    Updated Triplex Near Galveston Beach

    1821 25th St St, Galveston, TX 77550

    $589,900

    Updated triplex near the beach and Pleasure Pier.

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    Galveston, TX Multifamily Properties Market Trends and Statistics

    Explore 56 multifamily properties for sale in Galveston, TX, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 5,275 square feet of properties for sale, with an estimated market value of $1,740,900.

    Sale prices for multifamily properties in Galveston, TX start at $120,000, averaging $290,150, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 29
    Apartment buildings 19
    Duplexes 18
    Triplexes 9
    Quadplexes 5

    Demographics Overview

    Population 56K
    Population Growth (5Y) +8.1%
    Median Household Income $58,959
    College Educated 25.9%

    High-Yield Neighborhoods for Investment

    Identify Galveston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    77554 $276.6K
    77551 $403K
    77550 $631.6K

    Taxes & Financing

    Tax Rate (average for all types) 1.15%
    Property Tax per SF $12.72 per SF
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Galveston County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Galveston, TX

    • 77550
    • 77551
    • 77554

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