Houston Properties

5015 Avenue M, Houston, Texas 77551

$391,990

 
Paige Martin
713-425-4194
pmartin@houstonproperties.com
Real Estate Broker
Keller Williams Memorial

Request More Information

*Required

About 5015 Avenue M

**BRAND NEW ROOFS JUST INSTALLED ON ALL THREE UNITS!!** Welcome to 5015 Avenue M, a strategically located triplex offering an exceptional opportunity for investors seeking steady rental income in the heart of Galveston, TX. Unit one (the front main house) consists of four bedrooms and two bathrooms, central AC, storm shutters, and vinyl flooring. Units two and three in the back of the property include two bedrooms and one bathroom each, recently renovated with updated kitchens and bathrooms with vinyl flooring. Consistently high occupancy rates with long-term tenants. Rental income of $4676 total per month, with potential for rent increases in line with market trends. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this triplex represents a rare opportunity to acquire a turnkey property with immediate income potential!! Repair/upgrade list available upon request (also in attachments for agents)

Research flood zones

Highlights

General Description

  • Listing Price $391,990
  • City Houston
  • Zip Code 77551
  • Subdivision Denver Resurvey
  • Listing Status Active
  • Baths 2 Full Bath(s)
  • Stories 1
  • Year Built 1953 / Appraisal District
  • Lot Size 5,996 / Appraisal District
  • MLS # 67377815 (HAR)
  • Days on Market 72 days
  • Total Days on Market 168 days
  • List Price / Sq Ft $137.11
  • Address 5015 Avenue M
  • State Texas
  • County Harris
  • Property Type Multi-Family
  • Bedrooms 4
  • Garage 0
  • Building Sq Ft 2,859
  • Market Area Midtown - Galveston Area
  • Key Map 774T
  • Area 33

Taxes & Fees

  • Tax ID296500420006000
  • Tax Rate1.7477%
  • Taxes w/o Exemption/Yr$8,840 / 2023
  • Maint FeeNo

Click here to read more about taxes & exemptions

Room/Lot Size

Interior Features

  • FireplaceNo
  • Heating Central Electric, Window Unit
  • Cooling Central Gas, Window Units
  • DishwasherMaybe
  • RangeYes
  • DisposalMaybe
  • MicrowaveMaybe
  • LoftMaybe

Exterior Features

  • Roof Composition
  • Private PoolMaybe
  • Area PoolMaybe
  • New ConstructionNo
  • Listing Firm

Schools (GALVES - 22 - Galveston)

Name Grade Great School Ranking Performance Index Distinction Designations
Other Elementary None of 10 None of 4 None of 7
Other Middle None of 10 None of 4 None of 7
Ball High High 4 of 10 4 of 4 0 of 7

Read more about Houston's Top Schools

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.

Similar Properties Nearby

Get Custom List Of Similar Homes

*Required

 
Paige Martin
713-425-4194
pmartin@houstonproperties.com
Real Estate Broker
Keller Williams Memorial

Our Recent Awards

  • America's Best Real Estate Agents RealTrends
  • Top 25 Residential Real Estate Awards
  • Zillo 5-Star Premier Agent
  • Five Star Professional Real Estate Agent
  • 100 Most Influential Real Estate Agents

Why We’re Different

Paige Martin

  • #1 Keller Williams Realtor in Houston
  • #1 Keller Williams Realtor in Texas
  • #9 Keller Williams Realtor in the U.S.
  • "One of Houston's Top 25 Realtors," Houston Business Journal
  • "One of America's Best Realtors," RealTrends.com / WSJ
  • "Top 100 Most Influential Real Estate Agents," Real Estate Executive
  • Over $250 Million in Houston residential home sales.
  • We have a strong online presence. 9 out of 10 buyers use the Internet during their home search.
  • We're candid. We'll tell you the "bad" and the "ugly" about any property we show you. Most often, we talk our clients into NOT BUYING.

What We Can Do For You

  • Candid Advice

    Our promise is to always give you the most candid advice on any property to help you make the best decision for your family.

  • Great Data

    We built a proprietary data analytics package to help give you the best information on any neighborhood, building or home.

  • Expertise

    Having sold over $250M of Houston homes, we've seen the good, bad & ugly and can help you avoid problems.

  • Network of Experts

    Built over fifteen years, our network of experts can help you through each step of the process plus help making living in your new home more enjoyable.

Latest Houston Real Estate Stories