




$435,000
2328 Avenue P 1/2, Galveston, TX, 77550
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About this property
Excellent opportunity just steps from Galveston’s iconic Pleasure Pier and Seawall! Offered at a favorable price per sq foot, this versatile 4-unit property offers approximately 2,500 SF with a studio, two 1-bedroom units, and a 2-bedroom unit. Three recently renovated units offer a modern, coastal flair and make this an appealing vacation option for visitors/tenants. Currently operated with a combination of short- and long-term rentals, the property provides multiple income streams and flexibility for future ownership. A true Galveston luxury—off-street parking! Two dedicated spaces are especially valuable in this highly desirable location. Guests can leave the car behind and walk to the beach, Pleasure Pier, Seawall, restaurants, nightlife, and Island attractions. Backyard and sitting areas for relaxation. The variety of unit sizes appeals to couples, families, weekend visitors, and longer-term residents. Financial and operating history provided by the Seller is available for review.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Galveston
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