Galveston, TX Multifamily Properties for Sale

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83 properties

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Updated: Aug 28

Two-Home Duplex Property

2811 Q 1/2, Galveston, TX 77550

$595,000

736 sqft 0.12 AC lot

Two homes on one 0.1179‑acre lot
Rear home has 3 bedrooms, 2 full baths, and a garage below
Front home offers a 2/1 layout; remodeling completed in 2024
Two access doors serve the rear residence, including alley access
Two short blocks from the Seawall

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Updated: Feb 26, 2025

Duplex Close to Beach Amenities

2226 51st Street, Galveston, TX 77551

$225,000

1,688 sqft 0.06 AC lot

Revenue‑producing duplex on a 0.0592‑acre lot
1,688 SF duplex with wood and laminate flooring
Composition roof
Chain link fencing on the property

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New 8-Unit Apartment Building

808 Sealy Avenue, Galveston, TX 77550

$1,299,000

0.12 AC lot

Newly constructed 8-unit building with one-bedroom, one-bath apartments and covered parking.

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Value-Add Multifamily Apartment Community

8020 Stewart Rd, Galveston, TX 77551

$500,000

59,850 sqft 1.74 AC lot

Gulfwind Apartments offers 66 units in three two-story buildings with on-site parking and pool areas.

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Mixed-Use Property With Storefronts

1915 45th Street, Galveston, TX 77550

$999,900

11,520 sqft

Seven residential units complement four commercial storefronts in a diversified income-producing configuration.

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Mixed-Use Property with Live-Work Potential

4609 Broadway St Unit 3, Galveston, TX 77551

$500,000

2,500 sqft

Combines updated residential areas with ground-level commercial space awaiting build-out and separate front and rear access.

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Mixed-Use Property with Gym

2115 Broadway St, Galveston, TX 77550

$1,249,000

4,915 sqft

Renovated building combines residential units with a longstanding gym on Broadway St.

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Furnished 4-Unit Income Property

1113 28th Street, Galveston, TX 77550

$524,900

2,800 sqft

Four separately rentable 2BR/1BA units are offered fully furnished across a duplex and two detached bungalows.

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Turnkey Short-Term Rental Homes

1021 Sealy Street, Galveston, TX 77550

$875,000

3,036 sqft

Two furnished, STR-ready homes on one lot, including a detached guest house with resort-style outdoor amenities.

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Furnished Duplex Near Adoue Park

1105 Ball, Galveston, TX 77550

$1,000,000

3,200 sqft

Two residential units offer separate three-bedroom, two-bath layouts with furnished interiors and covered entry patios.

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Historic Bed & Breakfast with Cottages

1502 Market Street, Galveston, TX 77550

$1,500,000

6,462 sqft 0.44 AC lot

Renovated in 2021 with five guest suites and four apartment units.

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Residential Income Property with Guest Homes

1713 Moody Avenue, Galveston, TX 77550

$585,000

2,322 sqft

Single main home with attached cottage and guest house, plus private patio and a 2-car garage with workshop area.

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Brand-New Apartment Building

624 Ball, Galveston, TX 77550

$1,100,000

2,588 sqft

Modern interiors feature stainless steel appliances, open layouts, and large windows that bring in abundant natural light.

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Furnished Historic Triplex

1419 Church St, Galveston, TX 77550

$749,000

3,460 sqft

Historic property combines a furnished main residence with two furnished rear rental units.

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Turnkey Triplex with In-Unit Laundry

5315 Avenue R, Galveston, TX 77551

$529,000

2,903 sqft

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

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Triplex with Short-Term Rental Permits

1310 Avenue N 1/2, Galveston, TX 77550

$665,000

2,336 sqft

Three residential units hold active permits under Galveston’s updated short-term rental ordinance.

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Two-Story Duplex with Separate Apartment

1512 Moody Ave, Galveston, TX 77550

$289,000

1,616 sqft

Distinct upper and lower living areas support flexible occupancy arrangements in a recently refreshed property.

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Historic Four-Unit Multifamily Property

1807 Church Street, Galveston, TX 77550

$1,200,000

2,982 sqft

Historic residential compound combines a short-term rental home with leased apartment units and a separate duplex.

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2-Unit Duplex with Separate Living Spaces

1501 / 1503 J H Clouser St, Galveston, TX 77550

$299,000

1,520 sqft

Two-bedroom, two-bath layouts provide distinct living arrangements across both units.

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Four-Unit Quadplex with Alley Access

1911 40th St, Galveston, TX 77550

$295,000

2,210 sqft 0.05 AC lot

Vacant units allow control of the entire building without existing leases or tenant agreements.

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Renovated Two-Structure Multifamily Property

4810 Avenue K, Galveston, TX 77551

$269,000

918 sqft

Both buildings received updated systems and roofing in 2021.

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Three-Unit Multifamily Property

1318 26th Street, Galveston, TX 77550

$250,000

905 sqft

Triplex configuration includes a three-bedroom main residence and two separate two-bedroom units.

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Three-Level Duplex with Garage

4309 Ursuline St, Galveston, TX 77550

$425,000

3,132 sqft

Flexible duplex layout with separate living areas, upgraded storm windows, and a detached garage near Galveston’s beach and Strand district.

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Updated Duplex with Remodeled Kitchens

715 35th St, Galveston, TX 77550

$330,000

2,436 sqft

Two-level residential income property with renovated interiors, upgraded systems, and separate unit configurations.

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Galveston, TX Multifamily Properties Market Trends and Statistics

Explore 83 multifamily properties for sale in Galveston, TX, showcased through 83 active listings on our real estate platform. These investment opportunities span a total of 170,120 square feet of properties for sale, with an estimated market value of $40,230,898.

Sale prices for multifamily properties in Galveston, TX start at $88,000, averaging $529,353, and reaching up to $1,500,000 — 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

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	$309.9K
77551	$376.4K
77550	$585.7K

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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