Galveston, TX Fourplex for Sale | Turnkey Beach-Area Multifamily Investment

Galveston, TX Fourplex for Sale – Walk to the Gulf | Fully Occupied | East End Location

Investors looking for a Galveston, TX fourplex for sale with immediate cash flow, beach proximity, and long-term appreciation potential will want to take a close look at 1623 Avenue N 1/2, Galveston, Texas 77550. Located just one and a half blocks from the Gulf of Mexico, this fully occupied four-unit property sits in the desirable East End and offers a rare combination of turnkey income, lifestyle appeal, and strong rental demand.

Investment Snapshot

• Property Type: 4-plex / Multifamily (1–4 units)

• Total Units: 4

• Occupancy: 100% occupied

• Gross Annual Income: $62,400

• Unit Mix:

  • 2 Studio units

  • 1 One-Bedroom / One-Bath garage apartment

  • 1 Two-Bedroom / 1.5-Bath unit with private deck

• Year Built: 1960

• Living Area: Approx. 2,383 sq ft

• Lot Size: Approx. 5,160 sq ft

• Condition: Turnkey with over $100,000 in upgrades in recent years

This Galveston, TX fourplex for sale is ideal for investors seeking cash flow from day one, as well as owner-occupants interested in house hacking while maintaining privacy between units.

Prime Location – One and a Half Blocks from the Gulf

Few multifamily opportunities offer this level of proximity to the beach. Tenants and guests can easily walk to the shoreline, making the property attractive for long-term rentals, mid-term housing, or a hybrid investment strategy.

Nearby attractions include:

• Galveston Island Historic Pleasure Pier

• The Strand

• UTMB

• Texas A&M University at Galveston

• Moody Gardens

This constant draw of tourism, education, and healthcare employment fuels consistent rental demand across multiple tenant profiles.

Strong Rental Market Drivers

Galveston benefits from a unique mix of tourism, healthcare, higher education, and port-related employment, creating a diverse and resilient renter base. Properties near the Gulf and East End historically outperform inland assets due to walkability, lifestyle appeal, and scarcity.

What would my payments be for this investment property, and what are the financing options?

Schools in Galveston – Public & Private Options

Families and professionals value Galveston for its school choices, including:

Public Schools

• Galveston Independent School District

• Ball High School

Private & Parochial Schools

• O’Connell College Preparatory School

• Trinity Episcopal School

• Holy Family Catholic School

School options add to the long-term stability and tenant retention potential for multifamily investments in the area.

School zoning and attendance boundaries are subject to change. Buyers are encouraged to independently verify current school assignments directly with Galveston ISD to confirm eligibility and zoning information.

Proximity to Houston – A Major Investor Advantage

Galveston is strategically located approximately 50 miles southeast of Houston, making it accessible to one of the largest metropolitan economies in the country.

• Houston population: ~2.3 million

• Greater Houston population: ~7.5 million

This proximity supports:

• Commuter demand

• Medical professionals rotating through UTMB

• Investors seeking coastal assets without coastal-metro pricing

Dining & Lifestyle Appeal

Galveston’s food scene is a major draw for both residents and visitors. Popular local favorites include:

• Gaido’s

• Rudy & Paco

• Maceo’s

• Katie’s Seafood House

• Cajun Greek

Access to walkable dining and entertainment strengthens rental appeal and supports premium rents.

Why This Galveston, TX Fourplex for Sale Stands Out

✔ Beach-area location
✔ Fully occupied with immediate income
✔ Diverse unit mix
✔ Significant recent upgrades
✔ Strong employment and tourism drivers
✔ Excellent candidate for house hacking or long-term hold

Important Disclosure

The Landlord/Owner of this property is Jeremy Williams, a licensed REALTOR® in the State of Texas. All showings are by appointment only and require pre-approval documentation. Property is listed by: Brian Becker of Absolute RE. 

Schedule a Private Showing

For a private showing or additional investment details, complete the form below.
A minimum 24-hour notice is required, and the listing agent must be present for all showings.

Schedule a Showing with Brian Becker