Downtown Galveston Multifamily Homes & Duplexes for Sale

/50
$14,988,950
- 1 Bed
- 1 Bath
- 44,104 Sq Ft
2021 Strand St, Galveston, TX 77550

Located on the historic Galveston Strand, the J.W. Jockusch Building, the E. B. Nichols Building, and the J.D. Rogers Building, are being made available for acquisition. With a combination of dining establishments, retail storefronts, numerous banquet halls, and short-term rentals, this property has multiple streams of revenue, and room for expansion. Able to handle corporate events, this is

David Atkins Martha Turner Sotheby's International Realty

2021 Strand St, Galveston, TX 77550
Explore Downtown Galveston
/50
$495,000
- 2 Beds
- 1 Bath
- 1,966 Sq Ft
811 24th St, Galveston, TX 77550

Discover this stunning, historic home that's been updated and is situated near the Strand and cruise terminal. The property is a duplex, zoned for both residential and commercial use. It features two fully furnished, two bedroom one bath units that are move-in or rental ready. Upgrades include new Trane ACs in both units, a new dishwasher and microwave in the lower unit, and a new washer, dryer,

Jessica Joy HomeSmart

811 24th St, Galveston, TX 77550
/38
$875,000
- 10,248 Sq Ft
523 24th Street Rear, Galveston, TX 77550

The Galveston Carriage Place, located at 523 24th Street, is a historically significant building in downtown Galveston. Constructed in 1865, it originally served as the business premises & residence of Frederick D. Schmidt, a blacksmith, horseshoer, & carriage manufacturer. Schmidt operated his business on the ground floor & resided upstairs, maintaining ownership until 1944. Today, the building

Brian Schwenk Coldwell Banker TGRE

523 24th Street Rear, Galveston, TX 77550
/48
$1,999,000
- 4 Beds
- 2 Baths
- 17,641 Sq Ft
2317 The Strand, Galveston, TX 77550

1870 Merchants Mutual Insurance Building with mansard roof boasts original hardwood floors, exposed brick walls, soaring ceilings, and enormous windows to take in all the Strand has to offer! This 4 story building has 2 longtime tenants on the first floor. Each has their own bathroom and access to loading dock off the alley. The second floor has two finished apartments. The front expansive unit

Tom Schwenk Coldwell Banker TGRE

2317 The Strand, Galveston, TX 77550
/34
$399,000
- 3 Beds
- 2 Baths
- 2,200 Sq Ft
1010 27th St, Galveston, TX 77550

Beautifully remodeled duplex in the heart of Galveston! Each unit offers 3 Bedrooms, 2 Full Baths, a private laundry room, and includes all kitchen appliances plus washer and dryer. Upgraded throughout in 2025, this property is move-in ready or ideal for investment. Located just blocks from Galveston's cruise ship terminal and steps from the vibrant Strand entertainment district, it offers

Susan Cahill Better Homes and Gardens Real Estate Gary Greene - Galveston

1010 27th St, Galveston, TX 77550
/47
$349,000
- 5 Beds
- 2 Baths
- 1,759 Sq Ft
2727 Avenue K, Galveston, TX 77550

Beautifully updated Galveston Island duplex approx. 1 mile from the Cruise Port & the incredible Pleasure Pier. 1st-floor unit features include a covered porch, LVP & tile flooring, fresh paint, newer appliances, elegant lighting & ceiling fans & so much more. Open living spaces & 3 roomy bedrooms, each w/a large closet & an updated bathroom. Updated kitchen offers countertop space, SS

Michael Flores Keller Williams Signature

2727 Avenue K, Galveston, TX 77550
/8
$699,000
- 4 Baths
- 3,648 Sq Ft
3116 Avenue L, Galveston, TX 77550

FANTASTIC MULTI-FAMILY INVESTMENT OPPORTUNITY! Well maintained 8 Plex located on Galveston Island. 100% occupied as of 1/1/2025. Located just minutes from the beach, local shops, and restaurants. Eight 1 bedroom 1 bath rental units offering modern finishes. Call today!!!

Kitten Leopold Leopold & Strahan

3116 Avenue L, Galveston, TX 77550

Texas Galveston County Galveston Downtown Galveston

Why Live in Downtown Galveston

Downtown Galveston, located on the eastern side of Galveston Island, is a vibrant neighborhood known for its historic architecture and coastal charm. The area features a diverse mix of home styles, including beach bungalows, creole cottages, Victorian, Second Empire, Italianate, and Art Deco structures. Notable landmarks include the Moody Mansion, Pix Building, and Trinity Episcopal Church. The neighborhood is an entertainment hub with a slower pace compared to larger cities, and it boasts a variety of attractions such as the 32 miles of nearby beaches, including Stewart Beach and East Beach. Residents enjoy community spaces like Gus Allen Park and the Seeding Galveston community garden, where they can volunteer and interact with baby goats. Downtown Galveston hosts numerous events, including the famous Mardi Gras Parade and the Juneteenth Festival and Parade. The Rosenburg Library offers year-round free events, enhancing the community feel. Local dining options are plentiful, with favorites like MOD Coffee, Little Daddy’s Gumbo Bar, and Shrimp N’ Stuff. For shopping, residents frequent Arlan’s Market and The Strand, a historic shopping street. The neighborhood is served by highly rated schools such as Oppe Elementary and Austin Middle School. With crime rates lower than the national average, Downtown Galveston is a safe place to live. The area is pedestrian-friendly, with many locals opting to walk, bike, or use golf carts, and it also features rail and rubber wheel trolleys for convenient transportation.

Learn more about living in Downtown Galveston

Home Trends in Downtown Galveston, TX

On average, homes in Downtown Galveston, Galveston sell after 9 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Galveston, Galveston over the last 12 months is $500,000, up 38% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$500,000

Median Single Family Sale Price

$255,000

Median Townhouse Sale Price

$500,000

Median 2 Bedroom Sale Price

$1,100,000

Average Price Per Sq Ft

$207

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.50

Median List Price

$525,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

38%

How to Buy a Home How to Finance a Home How to Sell a Home

In Downtown Galveston, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $349,000 to $14,988,950, there's something for every budget. As of August, 2025 the median home price in Downtown Galveston, Galveston is $525,000, while the average sale price is $621,636, providing insight into local market trends. On average, multi-family homes spend 9 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Downtown Galveston, Galveston.

Downtown Galveston Types of Homes for Sale

More About Living in Downtown Galveston

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Homes in Nearby Counties

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