Multifamily

Galveston, TX Multifamily Properties for Sale

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Two-Cottage Duplex Property
Updated: Sep 22, 2025
Two-Cottage Duplex Property

4413 Bernardo de Galvez, Galveston, TX 77550

$209,500
782 sqft
Two one‑bedroom, one‑bath cottages on one lot
782 square feet of property size
Off‑street parking included
Wood flooring and composition roof
Built in 1962
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New 8-Unit Apartment Building
Updated: Jul 12
New 8-Unit Apartment Building

808 Sealy Avenue, Galveston, TX 77550

$1,299,000
0.12 AC lot
Eight 1BD 1BA units, each approximately ~500 SF
Completed in 2023 at 808 Sealy Avenue, Galveston, TX 77550
Approximately half a mile from the beach and Seawall Boulevard
Elevated pier foundation with covered parking at grade
Fire‑rated drywall, thermal and sound insulation, and full fire sprinkler system
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Mixed-Use Property With Storefronts
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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Boutique 8-Unit Multifamily Property
Boutique 8-Unit Multifamily Property

1811 21st St, Galveston, TX 77550

$1,149,000
4,715 sqft

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

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Mixed-Use Property with Gym
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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8-Unit Apartment Building
8-Unit Apartment Building

715 28th Street, Galveston, TX 77550

$1,249,000
3,329 sqft

Eight residential units include a largest layout with two bedrooms and one bathroom.

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Turnkey Short-Term Rental Homes
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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Vintage Coastal Triplex Residence
Vintage Coastal Triplex Residence

2223 33rd Street, Galveston, TX 77550

$610,000
2,918 sqft

Triplex-style home with three complete living spaces, totaling 6 bedrooms and 4 baths, currently operating as a short-term rental.

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Furnished Duplex Near Adoue Park
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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New Apartment Building with Modern Interiors
New Apartment Building with Modern Interiors

624 Avenue H, Galveston, TX 77550

$1,100,000
2,588 sqft

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

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

1322 Avenue L, Galveston, TX 77550

$949,000
3,780 sqft

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

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

1310 Avenue N 1/2, Galveston, TX 77550

$665,000
2,336 sqft

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

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Remodeled Two-Unit Duplex
Remodeled Two-Unit Duplex

1029 62nd St Street, Galveston, TX 77551

$325,000
1,846 sqft

The one- and two-bedroom residences each have patio space and washer and dryer connections.

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Duplex with Private Entrances
Duplex with Private Entrances

1201 28th Street, Galveston, TX 77550

$650,000
1,468 sqft

Each planned residence includes two bedrooms, two bathrooms, and separate driveway access.

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Residential Income Property with Guest Homes
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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Triplex with Carriage House
Triplex with Carriage House

2221 35th St, Galveston, TX 77550

$350,000
2,284 sqft

Three separate units feature private access, functional kitchens, and a fully fenced rear courtyard.

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Brand-New Apartment Building
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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Renovated Duplex With Beach Views
Renovated Duplex With Beach Views

1515 13th St, Galveston, TX 77550

$735,000
1,406 sqft

Two separately serviced residences offer flexible rental or owner-occupant use near Galveston’s coastal dining and attractions.

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Multifamily Property with 1BR Units
Multifamily Property with 1BR Units

2807 Church Street, Galveston, TX 77550

$1,240,000
3,300 sqft

Multifamily property with the largest unit featuring one bedroom and one bathroom.

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2-Unit Duplex with Separate Living Spaces
2-Unit Duplex with Separate Living Spaces

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

$299,000
1,520 sqft

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

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Brick Triplex with Detached Garage
Brick Triplex with Detached Garage

4404 Avenue N 1/2, Galveston, TX 77550

$410,000
2,857 sqft

Three separate units include a mix of one- and two-bedroom layouts, with shared laundry and PEX plumbing upgrades.

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Renovated Two-Structure Multifamily Property
Renovated Two-Structure Multifamily Property

4810 Avenue K, Galveston, TX 77551

$249,900
918 sqft

Both buildings received updated systems and roofing in 2021.

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Updated Duplex with Remodeled Kitchens
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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9-Unit Multifamily Property
9-Unit Multifamily Property

3705 Winnie, Galveston, TX 77550

$750,000
5,588 sqft

Nine units with seven stand-alone 2-bedroom layouts plus an elevated duplex, with ample off-street parking.

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Galveston, TX Multifamily Properties Market Trends and Statistics

Explore 75 multifamily properties for sale in Galveston, TX, showcased through 75 active listings on our real estate platform. These investment opportunities span a total of 145,900 square feet of properties for sale, with an estimated market value of $38,845,097.

Sale prices for multifamily properties in Galveston, TX start at $88,000, averaging $547,114, and reaching up to $2,500,000 — 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

Duplexes 34
Short term rental properties 26
Apartment buildings 22
Triplexes 15
Quadplexes 7

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
77551 $424.9K
77554 $512.5K
77550 $583.7K

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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