About 1113 28th Street
Turnkey Galveston STR Investment: 3 Units, Big Tax Advantages! 4-Unit Income Property — 8 Bedrooms / 4 Bathrooms Total Across Four Separate Units (each unit 2BR/1BA) This fully furnished, STR-eligible property is a passive investor's dream, offering a hands-off approach to real estate with significant tax advantages. Located in Galveston's thriving East End, this listing is ready for immediate rental income. It features three distinct units—a duplex and two charming bungalows—each uniquely designed for short or long-term residents. With 2,800 total square feet on a 5,136-square-foot corner lot, and just blocks from the beach, this is an exceptional portfolio expansion opportunity. Price adjusted to $699k to align with current investment lending standards. At this price, the property offers a strong 1.17 DSCR with 25% down, and hits the 'Golden 1.25' ratio with just over 30% down. Turn-key STR ready for the 2026 season. Ready to add a triple-unit gem to your portfolio?
Features of 1113 28th Street
| MLS® # | 29110163 |
|---|---|
| Price | $649,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,800 |
| Square Footage | 5136 |
| Acres | 0.12 |
| Year Built | 1952 |
| Type | Residential Income |
| Sub-Type | Multi Family,Multiple Detached Dwellings |
| Status | Active |
Community Information
| Address | 1113 28th Street |
|---|---|
| Area | 33 |
| Subdivision | Galveston Townsite |
| City | Galveston |
| County | Galveston |
| State | TX |
| Zip Code | 77550-4442 |
Amenities
| Utilities | Cable Connected, Electric, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Microwave, Refrigerator |
|---|---|
| Heating | Window Unit |
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Corner Lot, 0 Up To 1/4 Acre |
|---|---|
| Roof | Composition |
School Information
| District | 22 - Galveston |
|---|---|
| Elementary | Gisd Open Enroll |
| Middle | Gisd Open Enroll |
| High | Ball High School |
Additional Information
| Days on Website | 286 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Master Planned Community | No |
Listing Details
| Office | Keller Williams Realty Clear Lake / NASA |
|---|