$649,000

1113 28th Street, Galveston, TX 77550

  • 8 beds |
  • 4 baths |
  • 2,800 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon5,136sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $232/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Turnkey Galveston STR Investment: 3 Units, Big Tax Advantages! 4-Unit Income Property — 8 Bedrooms / 4 Bathrooms Total Across Four Separate Units (each unit 2BR/1BA) This fully furnished, STR-eligible property is a passive investor's dream, offering a hands-off approach to real estate with significant tax advantages. Located in Galveston's thriving East End, this listing is ready for immediate rental income. It features three distinct units—a duplex and two charming bungalows—each uniquely designed for short or long-term residents. With 2,800 total square feet on a 5,136-square-foot corner lot, and just blocks from the beach, this is an exceptional portfolio expansion opportunity. Price adjusted to $699k to align with current investment lending standards. At this price, the property offers a strong 1.17 DSCR with 25% down, and hits the 'Golden 1.25' ratio with just over 30% down. Turn-key STR ready for the 2026 season. Ready to add a triple-unit gem to your portfolio?

Listing Status:
Active
Date Added:
September 23, 2025
Data Last Updated:
July 6, 2026 at 7:06PM
Listing Office:
Keller Williams Realty Clear Lake / NASA : 281-335-0335
Listing Agent:
Kathy Philipp : 1+281-380-2499
MLS ID:
29110163
  • Appliances: RangeMicrowaveRefrigerator
  • Flooring: Vinyl Plank
  • A/C: Ceiling Fan(s)Window Unit(s)
  • Heating: Window Unit
  • Roofing: Composition
  • General: 2
  • Originating MLS: Houston Association of Realtors
  • School District: 22 - Galveston
  • County: Galveston
  • Zoning: ABST 628 M B MENARD SUR LOT 8 BLK 88 GALVESTON350500880008000
  • Utilities: Cable ConnectedElectricWater Connected
  • Source: Houston Association of Realtors

This listing courtesy of Kathy Philipp , Keller Williams Realty Clear Lake / NASA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby