5015 Avenue M, Galveston, TX 77551

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#1#2#3
5015 Avenue M,Galveston, TX 77551
$391,990
  • 4 Beds
  • 2 Baths
  • 2,859 sq. ft.
  • Multi-family
  • Active
Listed by:lauren peak
Office:jason mitchell real estate llc.
MLS#:67377815
Source:HARMLS

Price summary

  • Price:$391,990
  • Price per sq. ft.:$137.11

About this home

**BRAND NEW ROOFS JUST INSTALLED ON ALL THREE UNITS!!** Welcome to 5015 Avenue M, a strategically located triplex offering an exceptional opportunity for investors seeking steady rental income in the heart of Galveston, TX. Unit one (the front main house) consists of four bedrooms and two bathrooms, central AC, storm shutters, and vinyl flooring. Units two and three in the back of the property include two bedrooms and one bathroom each, recently renovated with updated kitchens and bathrooms with vinyl flooring. Consistently high occupancy rates with long-term tenants. Rental income of $4676 total per month, with potential for rent increases in line with market trends. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this triplex represents a rare opportunity to acquire a turnkey property with immediate income potential!!

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Home facts

  • Year built:1953
  • Listing Id #:67377815
  • Updated:August 18, 2025 at 11:30 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,859 sq. ft.

Heating and cooling

  • Cooling:Central Air, Gas, Window Units
  • Heating:Central, Electric, Window Unit

Structure and exterior

  • Roof:Composition
  • Year built:1953
  • Building area:2,859 sq. ft.

Schools

  • High school:BALL HIGH SCHOOL
  • Middle school:GISD OPEN ENROLL
  • Elementary school:GISD OPEN ENROLL

Finances and disclosures

  • Price:$391,990
  • Price per sq. ft.:$137.11
  • Tax amount:$8,840 (2023)
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