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  1. Home›
  2. Galveston homes for sale›
  3. 5103 Avenue O

$1,000,000

5103 Avenue O
Galveston, TX, 77551
8beds·8baths·4,752sq ft

About this home

“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.

Property details

Year built
1978
Property type
Residential Income
Style
Multi Family,5 Plus
Heating
Electric
Cooling
Window Unit(s)
Lot
0.1597 acres
Taxes / yr
$13,475
Estimated monthly
$7,114/mo
P&I $5,322 · Tax $1500/mo · Ins $292/mo

Estimate only. Taxes and insurance are typical TX defaults; check exact figures before buying.

Listed by
Keller Williams Memorial
Timothy Larson
MLS58712947Listed10/1/2025Days on market252
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Where this home fits
  • Galveston's luxury market
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