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7 Apartments About 1 Block from Beach 1820 Avenue O 1/2 7 Unit Apartment Building $1,087,560 CAD ($155,366 CAD/Unit) Galveston, TX 77550
Investment Highlights
- About 1 Block From The Beach
- On-site Laundry
- 1 off-street parking spot per unit
Executive Summary
Coastal investment opportunity just blocks from the beach at 1820 Ave O 1/2 in Galveston. This 7-unit property offers strong income potential with 5 one-bedroom, one-bath units and 2 studios. In 2025, 5 units operated as short-term rentals (3 one-bedrooms and 2 studios) with 2025 gross income of $94,101.87. The remaining 2 units were leased long-term. Currently, 6 units are being leased short-term and 1 long-term at $1,150, monthly. Each unit includes one off-street parking space, and there is an on-site laundry room for tenant convenience. Ideal for investors seeking short-term rental revenue or long-term stability in a prime island location.
Property Facts
| Price | $1,087,560 CAD | Building Class | C |
| Price Per Unit | $155,366 CAD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 4,152 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1973 |
| Property Subtype | Apartment | ||
| Zoning | Urban Neighborhood - Urban Neighborhood, Neighborhood Conservation District | ||
| Price | $1,087,560 CAD |
| Price Per Unit | $155,366 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,152 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Zoning | Urban Neighborhood - Urban Neighborhood, Neighborhood Conservation District |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 5 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 3510-0070-0012-000 | Improvements Assessment | $722,549 CAD |
| Land Assessment | $171,871 CAD | Total Assessment | $894,421 CAD |
Property Taxes
Parcel Number
3510-0070-0012-000
Land Assessment
$171,871 CAD
Improvements Assessment
$722,549 CAD
Total Assessment
$894,421 CAD
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7 Apartments About 1 Block from Beach | 1820 Avenue O 1/2
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