Galveston, TX 77551 5103 Avenue O
$1,000,000



19 more



















Presented By: Keller Williams Memorial;
Home Details
“Cozy Corner 8” presents a rare opportunity to acquire a fully renovated, income-producing 8-unit multi-family property in the heart of Galveston, TX. Each unit offers a +/- 594sf one-bedroom, one-bath layout equipped with two window A/C units for tenant comfort. The property includes private rear yard access, off-street parking, and mature landscaping, all contributing to tenant satisfaction and retention. Currently operating as a mix of short-term Airbnb rentals and long-term leases, the building provides investors with both immediate cash flow and flexibility to optimize returns. Four units are fully furnished, and two are actively listed on Airbnb, while additional demand is captured through Furnished Finder, catering specifically to UTMB interns and medical professionals. Professional property management is already in place, with rigorous credit, background, and income verification ensuring a reliable tenant base.
Presented By: Keller Williams Memorial;
Interior Features for 5103 Avenue O
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
FlooringLaminate, Tile
Heating Y/NYes
General for 5103 Avenue O
CityGalveston
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyGalveston
DirectionsI-45/Broadway to 51st Street to 5103 Avenue O, Galveston, TX, 77551.
DisclosuresSeller Disclosure
Elementary SchoolGISD OPEN ENROLL
Elementary School District22 - Galveston
Facing DirectionNorth
Full Baths8
HeatingCentral, Electric
High SchoolBALL HIGH SCHOOL
High School District22 - Galveston
Legal DescriptionABST 628 M B MENARD SUR PT OF LOTS 9 THRU 12 (10-1) BLK 91 D
LevelsTwo
Lot Size UnitsSquare Feet
MLS Area33
MLS Area MinorMidtown - Galveston
Middle/Junior High SchoolGISD OPEN ENROLL
Middle/Junior School District22 - Galveston
ModificationTimestamp2025-10-14T00:02:36.793-00:00
Net Operating Income68640
New ConstructionNo
Number Of Units Total8
PostalCityGalveston
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameDENVER RESURVEY
Tax Annual Amount13475
Tax Year2025
UtilitiesCable Available, Electricity Available, Natural Gas Available, Water Available
Year Built1978
Year Built SourcePublic Records
Exterior for 5103 Avenue O
Building Area Total4752
Lot FeaturesCorner Lot
Lot Size Area6956
Lot Size SourceAppraiser
Other ParkingOne
Parking FeaturesPaved
Additional Details
Price History
Jeffrey Whitespeare
Founder/Owner
SQFT • 4,752