1820 Avenue O 1/2

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ajensen

Coastal investment opportunity just blocks from the beach at 1820 Ave O 1/2 in Galveston. This 7-unit property offers strong income potential with 5 one-bedroom, one-bath units and 2 studios. In 2025, 5 units operated as short-term rentals (3 one-bedrooms and 2 studios) with 2025 gross income of $99,708. The remaining 2 units were leased long-term which brought the gross income to $122,871 in 2025. Currently, 6 units are being leased short-term and 1 month-to-month at $1,150, monthly. Each unit includes one off-street parking space, and there is an on-site laundry room for tenant convenience. Ideal for investors seeking short-term rental revenue or long-term stability in a prime island location.

Property Information

Property Details

Location

Address

1820 Avenue O 1/2

County

Galveston

City

Galveston

Zip Code

77550

Subdivision

Galveston Outlots

School District

22 - Galveston

High School

BALL HIGH SCHOOL

Elementary School

GISD OPEN ENROLL

MLS Area

Interior Features

Beds and Baths

Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

4,152

Year Built

1973

Stories

Roof

Composition

Property Taxes

Tax Annual Amount

$12,182

Tax Year

2025

1820 Avenue O 1/2, Galveston, TX 77550

Market Report for 77550