Date
Details
Price
Change
Source
10/01/2025
Listed
$1,000,000
—
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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$1,000,000
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Property Description
"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.
Full Property Details
Full Property Details for 5103 Avenue O
General
- Price: $1,000,000
- Taxes: $13,475 (2025)
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 58712947
- Updated: 10/13/2025
- Added to Site: 110 day(s) ago
Interior
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: Paved
Location
- Area: 33
- County: Galveston
- Subdivision: DENVER RESURVEY
- Driving Directions: I-45/Broadway to 51st Street to 5103 Avenue O, Galveston, TX, 77551.
- 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
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Central, Electric
Utilities
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Water Available
Structural Information
- Construction: Brick
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,752
- Sq. Ft. Source: Appraiser
- Living Area: 4,752 Sq. Ft.
- Year Built: 1978
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $13,475
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Legal Description: ABST 628 M B MENARD SUR PT OF LOTS 9 THRU 12 (10-1) BLK 91 D
- Legal Disclosures: Seller Disclosure
- APN: 2965-0091-0010-001
- Section: 1
Listed by Keller Williams Memorial (713) 461-9393, Timothy Larson (281) 508-0800
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Listing agent
— 5103 Avenue O —
Timothy Larson
Keller Williams Memorial
281-508-0800
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5103 Avenue O
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 | 1.1 mi |
Parker El 6802 Jones Drive, Galveston, TX 77551 | PK-4 | 1.3 mi |
AIM College & Career Prep 5200 Ave N 1/2, Galveston, TX 77550 | 6-12 | 0.1 mi |
Ball High School 4115 Avenue O, Galveston, TX 77550 | 9-12 | 0.7 mi |
Weis Middle School 7100 Stewart Road, Galveston, TX 77551 | 5-8 | 1.5 mi |
Oppe Elementary School 2915 81st Street, Galveston, TX 77554 | PK-4 | 2.4 mi |
Austin Middle School, Galveston, TX 1514 Avenue North 1/2, Galveston, TX 77550 | 5-8 | 2.6 mi |
Rosenberg El Laboratory for Learning and Leading 721 10th Street, Galveston, TX 77550 | PK-2 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5103 Avenue O
Tax History
Tax History for 5103 Avenue O
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,229
19%
$778,608
20%
2023
$9,450
147%
$648,840
20%
2018
$3,832
-68%
$540,700
-8%
2022
$11,883
80%
$589,400
84%
2021
$6,612
-9%
$320,000
—
2020
$7,238
-13%
$320,000
-8%
2019
$8,301
117%
$346,370
123%
2018
$3,832
—
$155,390
—
2017
$3,845
1%
$155,390
—
2016
$3,799
2%
$155,380
3%
2015
$3,723
—
$150,420
45%
2015
$3,723
32%
$104,050
-6%
2013
$2,814
—
$110,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5103 Avenue O
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5103 Avenue O, Galveston, TX 77551 (MLS# 58712947) is a Multi-Family property with 8 units containing 8 bedrooms and 8 full bathrooms. 5103 Avenue O is currently listed for $1,000,000 and was received on October 01, 2025. Want to learn more about 5103 Avenue O? Do you have questions about finding other Multi-Family real estate for sale in Galveston? You can browse all Galveston real estate or contact a Coldwell Banker agent to request more information.