$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 2 months 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:
May 21, 2026 at 10:06PM
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 $

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