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.
Pending
Price cut: $40K (7/19)
$755,000
1820 Avenue O 1/2, Galveston, TX 77550
1beds
4,152sqft
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
- 36 days |
- 161 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Anthony Jensen TREC #0593618 409-771-8157,
ZAPP Realty
Source: HAR,MLS#: 92558261
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Range, Refrigerator
Interior area
- Total structure area: 4,152
- Total interior livable area: 4,152 sqft
Property
Parking
- Parking features: Paved, One Parking Unit
Features
- Stories: 2
Lot
- Size: 8,995 Square Feet
Details
- Parcel number: 351000700012000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1973
Community & HOA
Community
- Subdivision: Galveston Outlots
Location
- Region: Galveston
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $653,000
- Annual tax amount: $12,182
- Date on market: 7/19/2026
- Lease term: Month To Month,Weekly
Estimated market value
Not available
Estimated sales range
Not available
$1,148/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Pending sale | $755,000$182/sqft |
Source:  HAR #92558261 Report a problem | ||
| 7/19/2026 | Price change | $755,000-5%$182/sqft |
Source: HAR #92558261 Report a problem | ||
| 5/11/2026 | Price change | $795,000-5.2%$191/sqft |
Source: HAR #97924433 Report a problem | ||
| 2/5/2026 | Listed for sale | $839,000+309.3%$202/sqft |
Source: HAR #97924433 Report a problem | ||
| 5/2/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/25/2013 | Listed for sale | $205,000$49/sqft |
Source: The House Company #97745298 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,225 -0.2% | $653,000 +0.5% |
| 2024 | $11,249 +6.7% | $650,000 +7.8% |
| 2023 | $10,541 -9.4% | $603,155 +4.5% |
| 2022 | $11,637 -2.9% | $577,220 -0.5% |
| 2021 | $11,984 +231.1% | $580,000 +262.4% |
| 2020 | $3,620 -5.6% | $160,030 +2.9% |
| 2019 | $3,834 -0.3% | $155,480 |
| 2018 | $3,847 | $155,480 |
| 2017 | $3,847 +0.9% | $155,480 -0.3% |
| 2016 | $3,812 +3.2% | $155,900 +4.5% |
| 2015 | $3,694 +1.8% | $149,240 +3.1% |
| 2014 | $3,629 | $144,750 |
| 2013 | -- | $144,750 |
| 2012 | -- | $144,750 |
| 2011 | -- | $144,750 |
| 2010 | -- | $144,750 +27.6% |
| 2009 | -- | $113,440 -34.6% |
| 2008 | -- | $173,390 +2% |
| 2007 | -- | $169,980 |
| 2006 | -- | $169,980 +24.4% |
| 2005 | -- | $136,660 +77.5% |
| 2003 | -- | $76,990 +60.7% |
| 2002 | -- | $47,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: San Jacinto
Nearby schools
GreatSchools rating
- NAAustin Middle SchoolGrades: 5-6Distance: 0.3 mi
- 5/10AIM College & Career PrepGrades: 8-12Distance: 2.4 mi
- 5/10Ball High SchoolGrades: 9-12Distance: 1.7 mi
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.
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