NEW PRICE | MOTIVATED SELLERS | Galveston 4-Unit Income Property now offered at $524,900.
This fully furnished multifamily investment features **four separately rentable 2BR/1BA units across three distinct buildings — a duplex and two detached bungalows — totaling 8 bedrooms and 4 bathrooms. Each unit has its own kitchen, bath, and unique coastal-inspired design, creating a turnkey rental opportunity.
Located in Galveston’s Historic East End, this property is walkable to the Seawall, beach, Strand, restaurants, and minutes from UTMB. Documented income history:
2024 Gross Income: $71,059 | 2025 Gross Income: $73,962 | 2026 YTD Gross Income: $56,366
Flexible strategies include STR, mid-term, long-term, or a blended approach. No renovation needed — this established income-producing asset is ready for continued operation.
Buyer to independently verify income, expenses, and rental opportunities.
For sale
Price cut: $124.1K (7/17)
$524,900
1113 28th St, Galveston, TX 77550
8beds
2,800sqft
Multi Family
Built in 1952
-- sqft lot
$-- Zestimate®
$187/sqft
$-- HOA
What's special
- 54 days
- 422
- 42
Zillow last checked:
Listing updated:
Listed by:
Kathy Philipp TREC #0695242 281-380-2499,
Keller Williams Realty Clear Lake / NASA
Source: HAR,MLS#: 73205143
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Window Unit
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Range, Microwave, Refrigerator
Features
- Flooring: Vinyl
- Furnished: Yes
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Video & virtual tour
Property
Features
- Stories: 2
Lot
- Size: 5,135 Square Feet
- Features: Corner Lot, 0 Up To 1/4 Acre
Details
- Parcel number: 350500880008000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Available, Water Connected
Community & HOA
Community
- Subdivision: Galveston Townsite
Location
- Region: Galveston
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $321,090
- Annual tax amount: $5,612
- Date on market: 7/17/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $524,900-19.1%$187/sqft |
Source: | ||
| 6/12/2026 | Price change | $649,000-7.2%$232/sqft |
Source: | ||
| 1/15/2026 | Price change | $699,000-6.8%$250/sqft |
Source: | ||
| 1/4/2025 | Price change | $750,000-9.1%$268/sqft |
Source: | ||
| 12/12/2024 | Listed for sale | $824,900$295/sqft |
Source: | ||
| 12/12/2024 | Pending sale | $824,900$295/sqft |
Source: | ||
| 11/15/2024 | Price change | $824,900-2.9%$295/sqft |
Source: | ||
| 10/9/2024 | Price change | $849,900-5%$304/sqft |
Source: | ||
| 9/6/2024 | Listed for sale | $895,000$320/sqft |
Source: | ||
| 5/1/2024 | Listing removed | -- |
Source: | ||
| 4/12/2024 | Price change | $895,000-8.2%$320/sqft |
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| 2/26/2024 | Price change | $975,000-2.4%$348/sqft |
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| 1/25/2024 | Price change | $999,000-3%$357/sqft |
Source: | ||
| 11/9/2023 | Listed for sale | $1,030,000+110.6%$368/sqft |
Source: | ||
| 10/3/2021 | Listing removed | -- |
Source: | ||
| 8/26/2021 | Pending sale | $489,000+394.9%$175/sqft |
Source: | ||
| 1/11/2021 | Listing removed | -- |
Source: | ||
| 10/13/2020 | Price change | $950-20.5% |
Source: Etheredge Real Estate #22262540 Report a problem | ||
| 9/29/2020 | Listed for rent | $1,195-0.4% |
Source: Etheredge Real Estate #22262540 Report a problem | ||
| 7/24/2020 | Listing removed | $1,200 |
Source: eXp Realty, LLC #19093485 Report a problem | ||
| 5/9/2020 | Listed for rent | $1,200 |
Source: Ivy Partners #19093485 Report a problem | ||
| 9/6/2019 | Listing removed | $98,800$35/sqft |
Source: Coldwell Banker United, Realtors - Pearland/Galveston #86577691 Report a problem | ||
| 8/16/2019 | Pending sale | $98,800$35/sqft |
Source: Coldwell Banker United, Realtors - Pearland/Galveston #86577691 Report a problem | ||
| 7/29/2019 | Listed for sale | $98,800$35/sqft |
Source: Coldwell Banker United, #86577691 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $5,612 -37.5% | $321,090 -27.8% |
| 2022 | $8,972 +110.8% | $445,000 +116% |
| 2021 | $4,256 +25.4% | $206,000 +37.3% |
| 2020 | $3,393 +28.1% | $150,000 +11.4% |
| 2019 | $2,649 -10.2% | $134,620 +25.3% |
| 2018 | $2,952 | $107,440 -9.9% |
| 2017 | $2,952 +32% | $119,280 +30.4% |
| 2016 | $2,236 -1.8% | $91,460 -0.6% |
| 2015 | $2,277 +19.2% | $91,980 +20.8% |
| 2014 | $1,910 | $76,160 |
| 2013 | -- | $76,160 +22.1% |
| 2011 | -- | $62,360 +10.6% |
| 2010 | -- | $56,360 -37% |
| 2008 | -- | $89,510 +11.6% |
| 2007 | -- | $80,220 |
| 2006 | -- | $80,220 +19.1% |
| 2005 | -- | $67,380 +14.2% |
| 2004 | -- | $59,010 |
| 2003 | -- | $59,010 +17.2% |
| 2002 | -- | $50,360 +50.4% |
| 2001 | -- | $33,490 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Old Central
Nearby schools
Schools provided by the listing agent
- Elementary: Gisd Open Enroll
- Middle: Gisd Open Enroll
- High: Ball High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






