You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

5311 Perry Ave Galveston, TX 77551

3,373 SF 0.14 ac lot Built 1965
Property ID
US82-2486443
Property summary
AI-generated overview

This charming Galveston triplex, situated on a quiet street at 5311 Perry Ave, presents a compelling investment opportunity. Built in 1965, this two-story building boasts a total of 3,373 square feet on a 0.14-acre lot. The property comprises three distinct apartments: two spacious two-bedroom units, ideal for families or roommates, and one cozy one-bedroom unit on the ground floor. Each apartment is equipped with central air and heat, ensuring year-round comfort, and two of the units feature recently installed air conditioning systems. The property has undergone partial updates, blending modern conveniences with its classic charm, including updated kitchens. Located in Galveston, Texas, zip code 77551, this multifamily property offers a fantastic chance to generate steady rental income. The asking price is $399,000, translating to $118.29 per square foot. Whether you're a seasoned investor seeking strong returns or a first-time buyer building your portfolio, this triplex represents a rare find in the desirable Galveston Island market. Its versatile layout and proven rental history make it an attractive proposition for immediate income generation and long-term appreciation.

Property profile
Verified
Property type Commercial real estate
Year built 1965
Total area 3,373 SF
Lot 0.14 ac (6,098 SF)
UPID US82-2486443
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5311 Perry Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message