Date
Details
Price
Change
Source
5/05/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$375,000
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Property Description
Discover a premier high-yield opportunity in the heart of Galveston with this versatile three-unit residential complex. This property perfectly balances space and income, featuring a sprawling 5-bedroom, 3-bathroom main house in the front-ideal for large families or high-occupancy rentals-and a detached 2-bedroom, 1-bathroom duplex in the rear. Generating an impressive $5,500 in monthly revenue, this turnkey asset is a cash-flow powerhouse designed for the savvy investor or the homeowner looking for a significant "house-hack." Beach & Boardwalk: Just a quick 1-mile bike ride to the famous Galveston Seawall and sandy beaches. The Hub of Activity: Minutes away from UTMB (University of Texas Medical Branch) and The Strand Historic District, making it a prime spot for medical professionals and students. Family Favorites: A short drive to Moody Gardens and Schlitterbahn Waterpark, ensuring your units stay in high demand year-round.
Full Property Details
Full Property Details for 4715 Ave R 1/2
General
- Price: $375,000
- Taxes: $7,859 (2025)
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 88449030
- Updated: 5/5/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Window Treatments, Ceiling Fan(s)
- Flooring: Laminate, Wood, Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Security/Safety: Fire Alarm
- Equipment: Satellite Dish
Parking
- Garage: Yes
- Parking Features: Garage
Location
- Area: 33
- County: Galveston
- Subdivision: Hasselmeier Sw & Se 130
- Driving Directions: Continue on I-45 South as it crosses the bridge onto the island. Continue East on Broadway: Drive approximately 2.2 miles on Broadway. Turn Right onto Avenue R 1/2: Head south on 45th Street for about 0.6 miles. After crossing Avenue R, look for the smaller street labeled Avenue R 1/2 and turn right (West). Arrive at 4715 Avenue R 1/2: Drive approximately two blocks; your destination will be on the right (north side of the street), just past the intersection with 47th Street.
- Direction Faces: North
School Information
- Elem School District: 22 - Galveston
- Midd School District: 22 - Galveston
- High School District: 22 - Galveston
- Elementary School: GISD OPEN ENROLL
- Middle School: GISD OPEN ENROLL
- High School: BALL HIGH SCHOOL
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Utility Description: Electricity Available, Water Available
Structural Information
- Construction: Wood Siding
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Square Feet: 2,048
- Sq. Ft. Source: Appraiser
- Living Area: 2,048 Sq. Ft.
- Year Built: 1965
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
Financial Considerations
- Tax Amount: $7,859
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Investor Financing
Disclosures and Reports
- Legal Description: ABST 628 M B MENARD SUR LOT 13 L G HASSELMEIER SUB
- Legal Disclosures: Seller Disclosure
- APN: 3888-0000-0013-000
- Section: 628
Listed by Leopold & Strahan (409) 941-0010, Collin Scott (713) 208-4266
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 4715 Ave R 1/2 —
Collin Scott
Leopold & Strahan
713-208-4266
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4715 Ave R 1/2
School District:Galveston Independent School District
| Name | Grades | Distance |
|---|---|---|
Burnet Elementary School, Galveston, TX 5501 Ave S, Galveston, TX 77550 | PK-4 | 0.6 mi |
Morgan Elementary Magnet School 1410 37th Street, Galveston, TX 77550 | PK-4 | 1 mi |
Parker El 6802 Jones Drive, Galveston, TX 77551 | PK-4 | 1.5 mi |
AIM College & Career Prep 5200 Ave N 1/2, Galveston, TX 77550 | 6-12 | 0.6 mi |
Ball High School 4115 Avenue O, Galveston, TX 77550 | 9-12 | 0.5 mi |
Weis Middle School 7100 Stewart Road, Galveston, TX 77551 | 5-8 | 1.6 mi |
Austin Middle School, Galveston, TX 1514 Avenue North 1/2, Galveston, TX 77550 | 5-8 | 2.4 mi |
Oppe Elementary School 2915 81st Street, Galveston, TX 77554 | PK-4 | 2.5 mi |
Rosenberg El Laboratory for Learning and Leading 721 10th Street, Galveston, TX 77550 | PK-2 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4715 Ave R 1/2
Estimate the Cost
Estimate the Cost for 4715 Ave R 1/2
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4715 Avenue R 1/2, Galveston, TX 77551 (MLS# 88449030) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 4715 Avenue R 1/2 is currently listed for $375,000 and was received on May 05, 2026. Want to learn more about 4715 Avenue R 1/2? Do you have questions about finding other Multi-Family real estate for sale in East End? You can browse all East End real estate or contact a Coldwell Banker agent to request more information.