$345,000

135 W 5th Street, Kemah, TX 77565

  • 3 beds |
  • 2 baths |
  • 2,206 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $156/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Investor Special – Fully Occupied Income Property Near Kemah Boardwalk Excellent cash-flowing investment opportunity in a highly desirable Kemah location. Property is 100% occupied with a strong rental history and units that lease quickly when available. Property Breakdown: • 1 – 3 bed / 2 bath single-family home • 2 – 2 bed / 1 bath units • 1 – Efficiency unit Income: • Gross rental income: $3,700/month • Additional $150/month from on-site coin-operated laundry Key Investment Highlights: • Commercial zoning – potential for future redevelopment or mixed use • Situated on two lots • Strong rental demand area • Value-add potential with future rent increases • Walking distance to Kemah Boardwalk, Galveston Bay, restaurants, shopping, and Stewart Elementary Great opportunity for investors seeking immediate income with long-term upside in a high-demand coastal market.

Listing Status:
Active
Date Added:
March 17, 2026
Data Last Updated:
April 1, 2026 at 8:07PM
Listing Office:
EVERAGENT : 832-876-5527
Listing Agent:
William Wimmer : 1+713-894-6825
MLS ID:
83783799
  • A/C: ElectricWindow Unit(s)
  • Heating: ElectricNatural Gas
  • Roofing: Composition
  • General: 1
  • Originating MLS: Houston Association of Realtors
  • School District: 9 - Clear Creek
  • County: Galveston
  • Zoning: ABST 12 PAGE 1 LOTS 17 & 18 BLK 4 WEST KEMAH SUB748500040017000
  • Utilities: Cable ConnectedElectricNatural Gas ConnectedWater Connected
  • Source: Houston Association of Realtors

This listing courtesy of William Wimmer , EVERAGENT

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  †
Get Prequalified »
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

Schools Nearby

L

LaVace Stewart Elementary School

330 Hwy 2094, Kemah, TX, 77565

Grades PK-5

0.17 miles away

B

Bayside Intermediate School

4430 Village Way, League City, TX, 77573

Grades 6-8

2.45 miles away

C

Clear Falls High School

4380 Village Way, League City, TX, 77573

Grades 9-12

2.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.