1820 Avenue O 1/2
Galveston, TX 77550
$717,001 - $827,000
Coastal investment opportunity just blocks from the beach at 1820 Ave O 1/2 in Galveston. This 7-unit property offers strong income potential with 5 one-bedroom, one-bath units and 2 studios. In 2025, 5 units operated as short-term rentals (3 one-bedrooms and 2 studios) with 2025 gross income of $99,708. The remaining 2 units were leased long-term which brought the gross income to $122,871 in 2025. Currently, 6 units are being leased short-term and 1 month-to-month at $1,150, monthly. Each unit includes one off-street parking space, and there is an on-site laundry room for tenant convenience. Ideal for investors seeking short-term rental revenue or long-term stability in a prime island location.
| Listing Id: | 92558261 |
|---|---|
| List Price: | $755,000 |
| Close Price: | $700,000 |
| Close Date: | 2026-09-18 |
| Property Type: | Residential Income |
| Property Sub Type: | MultiFamily |
| Status: | Closed |
| Bedrooms Total: | 1 |
| Bathrooms Full: | 1 |
| Living Area: | 4,152 |
| Tax Annual Amount: | $12,182 |
| Waterfront?: | No |
| City: | Galveston |
| County Or Parish: | Galveston |
| Subdivision: | Galveston Outlots |
| Postal Code: | 77550 |
| Year Built: | 1973 |
| Number Of Units Total: | 7 |
| Appliances: | Refrigerator |
| Basement Yn: | No |
| Bathrooms Total Integer: | 1 |
| Building Area Total: | 4,152.0 |
| Cooling: | Heat Pump |
| Cooling?: | Yes |
| Directions: | From I-45 South: Exit 61st Street, Turn Right on 61st St, Turn Left on Seawall Blvd, Turn Left on 19th St, Turn Right on Ave O 1/2, Property on the Left Hand Side |
| Elementary School: | GISD OPEN ENROLL |
| Elementary School District: | 22 - Galveston |
| Heating: | HeatPump |
| Heating?: | Yes |
| High School: | BALL HIGH SCHOOL |
| High School District: | 22 - Galveston |
| Internet Automated Valuation Display?: | Yes |
| Internet Consumer Comment?: | Yes |
| Levels: | Two |
| Listing Agreement: | ExclusiveRightToLease |
| Living Area Source: | Appraiser |
| Lot Size Area: | 8,995.0 |
| Lot Size Source: | Appraiser |
| Lot Size Units: | SquareFeet |
| Middle Or Junior School: | GISD OPEN ENROLL |
| Middle Or Junior School District: | 22 - Galveston |
| MLS Area Major: | 33 |
| MLS Area Minor: | East End |
| Operating Expense Includes: | Insurance, Maintenance, RealEstateTax, Trash, WaterSewer |
| Original List Price: | $755,000 |
| Other Parking: | One |
| Parcel Number: | 3510-0070-0012-000 |
| Parking Features: | Paved |
| Pending Timestamp: | 2026-08-13 |
| Postal City: | Galveston |
| Public Survey Section: | 0 |
| Roof: | Composition |
| Status: | Closed |
| State Or Province: | TX |
| Stories: | 2 |
| Street Number Numeric: | 1,820 |
| Tax Year: | 2025 |
| Universal Property: | US-48167-N-351000700012000-R-N |
| Year Built Source: | PublicRecords |
| Listing Key: | 1177436231 |
| Current Price: | $700,000.00 |
| Country Subdivision: | 48167 |
| Record Signature: | 1,150,065,654 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:48167:3510-0070-0012-000 |
Listing Courtesy of: ZAPP Realty
Listing Agent: Anthony M Jensen
409-771-8157
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Houston Association of REALTORS® data last updated on October 26, 2026 10:44 PM - CT.
Property Last Updated: October 26, 2026 10:44 PM - CT
