Check Availability
$895,000
↓ $80K (8.2%)
Multifamily - For Sale

1113 28th Street

Galveston, TX 77550
bedrooms
2 Beds
bathrooms
1 Bath
square feet
2800 Sqft
$4,935
Estimated Monthly
$0
HOA / Fees
1.42%
Cap Rate

About This Property

This extraordinary investment property features 4 FULLY FURNISHED UNITS and a LOT giving you 2 single-family homes, a duplex and a lot to use as off street parking or use to build new. Charming and eclectic, these units offer a unique and inviting atmosphere for vacationers seeking an exceptional experience. The property includes an additional vacant lot, currently used as a courtyard, providing endless possibilities for enhancing amenities or landscaping. With a proven track record as an income producer and all units fully remodeled, this is a turnkey operation with minimal maintenance costs. The central Galveston location is just minutes away from the Historic Strand, Seawall, beach, museums, shopping, restaurants, and nightlife. This unique property is a highly desirable investment opportunity for both seasoned investors and first time investors alike. Don't miss out on this Galveston rare opportunity; contact us today to explore its full potential!
Unit Size
2,800Ft²
Days on Market
171 days
Land Size
-
Price per sqft
$320
Property Type
Multifamily
Property Taxes
$539
HOA Dues
-
Year Built
1952
Last updated: 16 days ago (HAR #68578387)

Price History

Date / Event Date Event Price
Apr 13, 2024 Price Decreased $895,000
↓ $80K (8.2%)
Price Decreased
Feb 27, 2024 Price Decreased $975,000
↓ $24K (2.4%)
Price Decreased
Jan 26, 2024 Price Decreased $999,000
↓ $31K (3%)
Price Decreased
Nov 9, 2023 Listed by eXp Realty LLC $1,030,000
Listed by eXp Realty LLC

Property Highlights

Air Conditioning
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Full Bathrooms: 1

Interior Information

Flooring: Vinyl
Living Area SqFt: 2800
Exterior Details

Property Information

Year Built: 1952
Year Built Source: Appraisal District

Construction Information

Home Type: Multi-Family
Property Sub Type: Multiple Detached Dwellings
Roof: Composition

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4 Baths
2,854 ft²
$975,000 Apr 26, 2022
$878,000 - $1,072,000 Jun 10, 2022
$568/mo
House
3 Beds
3 Baths
2,626 ft²
$885,000 Jun 13, 2022
$797,000 - $973,000 Aug 5, 2022
$648/mo
House
3 Beds
4 Baths
2,392 ft²
$825,000 Oct 28, 2022
$743,000 - $907,000 Nov 30, 2022
$863/mo
House
3 Beds
3 Baths
2,223 ft²
$815,000 Sep 15, 2021
$734,000 - $896,000 Mar 17, 2022
-
Multifamily
Stu
3 Baths
3,562 ft²
$845,000 May 6, 2023
$761,000 - $929,000 Jul 6, 2023
$362/mo
House
4 Beds
3 Baths
2,972 ft²
$740,000 Feb 4, 2022
$666,000 - $814,000 Apr 26, 2022
$601/mo
House
3 Beds
3 Baths
3,006 ft²
$324/ft²
$975,000 Nov 29, 2023
-
$697/mo
House
3 Beds
2 Baths
3,116 ft²
$266/ft²
$830,000 Dec 18, 2023
-
$229/mo
Multifamily
10 Beds
8 Baths
3,836 ft²
$310/ft²
$1,190,000 May 9, 2023
-
$307/mo
House
4 Beds
3 Baths
3,078 ft²
$268/ft²
$825,000 Aug 25, 2023
-
$622/mo
House
9 Beds
6 Baths
3,824 ft²
$262/ft²
$1,000,000 Apr 24, 2023
-
$665/mo
House
4 Beds
4 Baths
3,570 ft²
$238/ft²
$850,000 Nov 4, 2023
-
$979/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210826
08/26/2021
Studio
4 Bath
1440 ft²
$489,000
bedrooms
Studio
bathrooms
4 Bath
square feet
1440 ft²
$445,000 -9.00%
10/02/2021
-
Christopher Swain
eXp Realty, LLC
20190728
07/28/2019
2 Bed
1 Bath
2568 ft²
$98,800
bedrooms
2 Bed
bathrooms
1 Bath
square feet
2568 ft²
$150,002 +51.82%
09/04/2019
-
Sherry Hickman Wray
Berkshire Hathaway HomeServices

Building Info

1113 28th Street 1113 28th Street, Galveston, TX 77550
  • 1 Unit for Sale
More about this Building
1113 28th Street
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About Downtown Galveston


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