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Street View
$999,900
Monthly Est:$4,977
5 Beds
5 Baths5 full baths
11,520sqft
1915 45th Street, Galveston, TX 77550
$999,900
$4,977/moEst:
Get Pre-Approved
Multi Family
Built in 1970
$-- HOA
0.14 acre lot
$87/sq.ft
Description
Drive-by only. Exceptional opportunity to acquire a high-yield mixed-use investment property in Galveston, Texas. This diversified asset includes seven residential units, and four commercial storefronts with a strong history of long-term tenancy. The property producing income with a pro forma cap rate of about 10%. Even with conservative underwriting including vacancy and repair reserves, the asset performs near a 9% cap rate, making it attractive to both cash-flow investors and leveraged buyers. Multiple income streams provide strong stability, while value-add potential exists through rent optimization & continued property improvements. Several commercial tenants have be...
Continue Reading- Houzeo last checked: 9 minutes ago
- Listing updated: July 22, 2026 at 1:43 am
- Listing Provided by: Sharlene Abghary (171) 326-91222 | Urban Access Properties (713) 269-1222
- Source: Houston Association of Realtors | MLS#: 56008413
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1970
HOA Fees
-
Finished Area
11,520 sqft
Lot Size
0.14 acre lot
Basement Area
- sqft
MLS Name
Houston Association of Realtors
MLS Number
56008413
MLS Status
Active
Days on Market
66
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Interior
Heating
Natural Gas
Cooling
Electric
Construction
Year Built
Year Built: 1970
Home type
Multi Family
Roof
Composition
Utilities & Energy
Utilities
Cable Connected, Electric, Natural Gas Connected, Water Connected
Other Features
Lot Features
Corner Lot
Subdivision Name
Denver Resurvey
Disclosures
No Disclosures
Price History
| Date | Event | Price |
|---|---|---|
06/19/2026 Source: | Listed for Sale | $999,990 -27.27% $87/sqft |
03/06/2026 Source: | Off Market | $1,375,000 $119/sqft |
03/06/2026 Source: | Listed for Sale | $1,375,000 $119/sqft |
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Based on information from the Houston Realtors® Information Service or its MLS through Sep 21, 2026, 07:00AM. IDX feed of MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non commercial use. MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing, and the MLSdata is not guaranteed accurate by the MLS. All information provided should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026, Houston Realtors Information Service, Inc. All Rights Reserved
Advertising Broker: Michelle Brecker | Pathway To Home Realty
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