About 5103 Avenue O
“Cozy Corner 8” presents a rare opportunity to acquire a fully renovated, income-producing 8-unit multi-family property in the heart of Galveston, TX. Each unit offers a +/- 594sf one-bedroom, one-bath layout equipped with two window A/C units for tenant comfort. The property includes private rear yard access, off-street parking, and mature landscaping, all contributing to tenant satisfaction and retention. Currently operating as a mix of short-term Airbnb rentals and long-term leases, the building provides investors with both immediate cash flow and flexibility to optimize returns. Four units are fully furnished, and two are actively listed on Airbnb, while additional demand is captured through Furnished Finder, catering specifically to UTMB interns and medical professionals. Professional property management is already in place, with rigorous credit, background, and income verification ensuring a reliable tenant base.
Features of 5103 Avenue O
| MLS® # | 58712947 |
|---|---|
| Price | $1,000,000 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 4,752 |
| Square Footage | 6956 |
| Acres | 0.16 |
| Year Built | 1978 |
| Type | Residential Income |
| Sub-Type | Multi Family,5 Plus |
| Status | Active |
Community Information
| Address | 5103 Avenue O |
|---|---|
| Area | 33 |
| Subdivision | Denver Resurvey |
| City | Galveston |
| County | Galveston |
| State | TX |
| Zip Code | 77551 |
Amenities
| Utilities | Cable Connected, Electric, Natural Gas Connected, Water Connected |
|---|---|
| Parking | Paved, One |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Corner Lot, 0 Up To 1/4 Acre |
|---|---|
| Roof | Composition |
| Construction | Brick |
School Information
| District | 22 - Galveston |
|---|---|
| Elementary | Gisd Open Enroll |
| Middle | Gisd Open Enroll |
| High | Ball High School |
Additional Information
| Days on Website | 12 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Memorial |
|---|