4715 Avenue R 1/2
Galveston, TX 77551
5
Bed
3
Bath
2,048Sqft
0.12Acre(Lot)
Discover a premier high-yield opportunity in the heart of Galveston with this versatile three-unit residential complex. This property perfectly balances space and income, featuring a sprawling 5-bedroom, 3-bathroom main house in the front—ideal for large families or high-occupancy rentals—and a detached 2-bedroom, 1-bathroom duplex in the rear. Generating an impressive $5,500 in monthly revenue, this turnkey asset is a cash-flow powerhouse designed for the savvy investor or the homeowner looking for a significant "house-hack." Beach & Boardwalk: Just a quick 1-mile bike ride to the famous Galveston Seawall and sandy beaches. The Hub of Activity: Minutes away from UTMB (University of Texas Medical Branch) and The Strand Historic District, making it a prime spot for medical professionals
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 Full Baths: 3 -
Flooring Information
Carpet, Laminate, Wood, Hardwood -
Roofing Information
Composition -
Interior Features
Roof: Composition Window Features: Window Coverings -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Electric
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Building Information
Year Built: 1965 Building Area Total: 2048 Construction Materials: Wood Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.1171 Acres Lot Size Acres: 0.1171 Lot Size Square Feet: 5100Property Information
Subdivision: Hasselmeier Sw & Se 130 Source Property Type: Residential Income Postal Code Plus 4: 5627 Property SubType: Multi Family Direction Faces: North Property Age: 61
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Listing Price Information
Listing Price: $375000 Cash, Conventional, FHA
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Tax Information
Parcel Number: 388800000013000 Tax Year: 2025 Annual Tax: $7859 Tax Legal Desc: ABST 628 M B MENARD SUR LOT 13 L G HASSELMEIER SUB
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Parking Information
GarageGarage Information
Has Garage: Yes
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School Information
Elementary School: Gisd Open EnrollJunior High School: Gisd Open EnrollSenior High School: Ball High School -
Utility Information
Water Connected -
Location Information
Direction: Continue on I-45 South as it crosses the bridge onto the island. Continue East on Broadway: Drive approximately 2.2 miles on Broadway. Turn Right onto Avenue R 1/2: Head south on 45th Street for about 0.6 miles. After crossing Avenue R, look for the smaller street labeled Avenue R 1/2 and turn right (West). Arrive at 4715 Avenue R 1/2: Drive approximately two blocks; your destination will be on the right (north side of the street), just past the intersection with 47th Street.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4511 Avenue R 1/2, Galveston, TX, 77551 | $425,000 | 4 | 2 | 1,542 | 1,542 SqFt |
| 4725 Avenue R 1/2, Galveston, TX, 77551 | $350,000 | -- | 4 | 2,432 | 2,432 SqFt |
| 4728 Avenue R, Galveston, TX, 77551 | $449,000 | 2 | 2 | 2,488 | 2,488 SqFt |
| 4724 Avenue Q 1/2, Galveston, TX, 77551 | $259,888 | 4 | 2 | 1,280 | 1,280 SqFt |
| 4720 Avenue O 1/2, Galveston, TX, 77551 | $1,100,000 | -- | -- | 7,664 | 7,664 SqFt |
| 4609 Broadway Street #3, Galveston, TX, 77551 | $500,000 | 2 | 1 | 2,500 | 2,500 SqFt |
| 4828 Avenue Q 1/2, Galveston, TX, 77551 | $327,500 | -- | 2 | 884 | 884 SqFt |
| 1124 47th Street, Galveston, TX, 77551 | $240,000 | 2 | 1 | 2,448 | 2,448 SqFt |
| 1124 47th Street, Galveston, TX, 77551 | $240,000 | 4 | 1 | 2,448 | 2,448 SqFt |
| 4728 Avenue R 1/2, Galveston, TX, 77551 | $400,000 | 4 | 4 | 2,204 | 2,204 SqFt |
Similar Multifamily To 4715 Avenue R 1/2
Nearby For Sale
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ByOwner last updated this listing 06/20/2026 @ 19:39
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