2 months on rocket

1623 Avenue N 1/2 Ave N Unit 1/2, Galveston, TX, 77550

$700,000

Home List Price

$8,313*

Closing Credit

2 Bedrooms
2 Full Baths
2,383 SqFt
$294/SqFt
Multi

Location

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1623 Avenue N 1/2 Ave N Unit 1/2, Galveston$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGarage
Year Built1960
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #15386620
StatusActive

About 1623 Avenue N 1/2 Ave N Unit 1/2

Exceptional Investment Opportunity – Just Blocks from the Beach! Discover this incredible 4-plex, a well-maintained and low-maintenance property with excellent cash flow potential in a prime beachside location. The property features a spacious 2 bed/1.5 bath upstairs unit (Vacant), a cozy 1 bed/1 bath garage apartment, and two efficiency (studio) units downstairs, offering a diverse rental mix to maximize your income. Recent upgrades include a new roof (2020), all siding replaced with Hardie plank, along with many interior unit upgrades. The vacant unit is ready for immediate showings by appointment, while the tenant-occupied units will be shown upon an accepted offer. This is a rare opportunity to invest in a highly desirable area, just a short stroll from the beach!

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1960
  • Stories: 2
  • Living Area: 2,383 SqFt

Listing Office:

  • Office Name: Keller Williams Memorial
  • Office Phone: (713) 461-9393
  • Listing Agent: Timothy Larson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Garage

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Broadway/SH 75 heading East, turn right onto 16th, then right on Avenue N 1/2, property in on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $294/SqFt
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Housing Market Comparison

See how this home compares to others in Galveston, TX.

Med. Sold Price

$429.4K

Med. Price/SqFt

$324

Avg. Days On Market

79

# of Sold Homes

52

1623 Avenue N 1/2 Ave N Unit 1/2 vs Galveston

60 DAYS ON ROCKET

-19 Days

$700,000

+$270.6K More

$294/SqFt

-$30 Less

KEY TAKEAWAY

This property is $270.6K more than the Median Sold Price and $30/SqFt less than other homes in Galveston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #15386620

Listing Office:

  • Office Name: Keller Williams Memorial
  • Office Phone: (713) 461-9393
  • Listing Agent: Timothy Larson

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-904281
7
/10
  • Rosenburg Elementary School

  • 721 10th St

  • 0.70 miles

  • Public District Grades PK-2

school-card-donut-904282
6
/10
  • Morgan Elementary Health, Medical Science and Engineering Magnet

  • 1410 37th St

  • 1.42 miles

  • Public Magnet Grades PK-4

school-card-donut-904283
4
/10
  • Burnet STREAM Magnet School

  • 5501 Avenue S

  • 2.84 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,417. Residents of Galveston, TX typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesTexasGalveston CountyGalveston775501623 Avenue N 1/2 Ave N Unit 1/2

This home is located at 1623 Avenue N 1/2 Ave N Unit 1/2 in Galveston, TX and zip code 77550 in the San Jacinto neighborhood. This 2,383 square foot home was built in 1960. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $700,000.

In November 2024 more than 1 listings in Galveston, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 49 were sold below. The number of homes for sale in Galveston, TX increased by 14% between October 2024 and November 2024. Listings spent 79 days on the market in November 2024, and had a median list price of $429,400 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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