1915 45th Street, Houston, Texas 77550
$1,375,000
6 Beds
5 Full Baths
Multi-Family
Request More Information
About 1915 45th Street
This premier mixed-use estate in Midtown Galveston presents a rare combination of significant revenue generation & historical architectural character. Anchored by four established commercial storefronts & seven distinct residential units, the property offers a projected annual gross income of nearly two hundred thousand dollars. This expansive building spans over eleven thousand five hundred twenty square feet & provides an exceptional opportunity for an owner seeking a high-yield asset within a vibrant coastal community. Situated in the heart of Galveston, the location offers easy access to the historic Strand district & the scenic Gulf Coast, while remaining within a convenient drive of the Houston Medical Center & Downtown Houston. The architectural footprint includes detached residential structures & additional storage units, creating a varied income stream with a pro forma capitalization rate exceeding ten percent. Long-term commercial tenants have remained in place since two thousand ten, reflecting the steadfast desirability & visibility of this specific corridor. Interior spaces provide significant room for personalization & rent optimization, allowing for continued growth in a flourishing market. Every detail of this coastal asset emphasizes durability & versatility, catering to those who appreciate a sophisticated lifestyle supported by robust financial performance. This substantial property serves as a cornerstone of the neighborhood, blending residential comfort with commercial vitality. Experience the distinct balance of a coastal retreat & a thriving enterprise in one of the most recognized regions of the Texas coast.
Highlights
1915 45th Street
$1,375,000
Multi-Family
11,520 Home Sq Ft
Houston 77550
6 Beds
5 Full Baths
6,000 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
296501090013000
Tax Rate
1.719%
Taxes w/o Exemption/Yr
$29,194 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Heating
Natural Gas
Cooling
Electric
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
Urban Access Properties
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Gisd Open Enroll | Elementary | None of 10 |
| Gisd Open Enroll | Middle | None of 10 |
| Ball High | High | 4 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.