1820 Avenue O 1/2
Galveston, TX 77550
1
Bed
1
Bath
4,152Sqft
0.21Acre(Lot)
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 $99,708. The remaining 2 units were leased long-term which brought the gross income to $122,871 in 2025. 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 Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 Full Baths: 1 -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump Has Cooling: Yes Cooling: Heat Pump
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Building Information
Year Built: 1973 Building Area Total: 4152 Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.2065 Acres Lot Size Acres: 0.2065 Lot Size Square Feet: 8995Property Information
Subdivision: Galveston Outlots Source Property Type: Residential Income Property SubType: Multi Family Property Age: 53
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Listing Price Information
Listing Price: $795000 Original Price: $839000
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Tax Information
Parcel Number: 351000700012000 Tax Year: 2025 Annual Tax: $12182 Tax Legal Desc: ABST 628 M B MENARD SUR LOT 12 & W 1/2 OF LOT 11 & E 10-8.5
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Parking Information
Paved
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School Information
Elementary School: Gisd Open EnrollJunior High School: Gisd Open EnrollSenior High School: Ball High School -
Location Information
Direction: From I-45 South: Exit 61st Street, Turn Right on 61st St, Turn Left on Seawall Blvd, Turn Left on 19th St, Turn Right on Ave O 1/2, Property on the Left Hand Side
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 516 Holiday Drive, Galveston, TX, 77550 | $2,500,000 | 3 | 2 | 12,686 | 12,686 SqFt |
| 609 Sealy Avenue, Galveston, TX, 77550 | $399,999 | 2 | 1 | 1,300 | 1,300 SqFt |
| 609 Sealy Street #REAR, Galveston, TX, 77550 | $639,000 | 2 | 2 | 1,623 | 1,623 SqFt |
| 624 Avenue H, Galveston, TX, 77550 | $1,100,000 | 1 | 1 | 2,588 | 2,588 SqFt |
| 915 8th Street, Galveston, TX, 77550 | $750,000 | 8 | 4 | 3,080 | 3,080 SqFt |
| 916 Sealy Street, Galveston, TX, 77550 | $375,000 | -- | 5 | 1,838 | 1,838 SqFt |
| 1002 Sealy Street, Galveston, TX, 77550 | $400,000 | -- | 2 | 2,680 | 2,680 SqFt |
| 1411 12th Street, Galveston, TX, 77550 | $715,000 | -- | -- | 1,780 | 1,780 SqFt |
| 915 11th Street, Galveston, TX, 77550 | $350,000 | -- | -- | 2,306 | 2,306 SqFt |
| 1108 Broadway Street, Galveston, TX, 77550 | $699,000 | 1 | 1 | 3,828 | 3,828 SqFt |
Similar Multifamily To 1820 Avenue O 1/2
Nearby For Sale
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ByOwner last updated this listing 06/17/2026 @ 22:12
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