1911 40th ST Galveston, TX 77550
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,210 sqft
Price per Sqft $133
Subdivision Galveston Outlots
MLS Listing ID 3617307
HOA Y/N No
Year Built 1960
Annual Tax Amount $6,484
Tax Year 2025
Lot Size 2,160 Sqft
Acres 0.0496
Property Sub-Type Quadruplex
Source actris
Property Description
This property is an unfinished flip. Renovation was started and is not complete. A full interior cleanout was finished in August 2026, so the units are open and easy to walk and scope. The buyer takes over and completes the remaining renovation. Budget for finish work throughout, including mechanical, electrical, and plumbing verification, kitchens, baths, and cooling. Pricing and photos reflect current condition, not a finished product.
All four units are vacant with no leases in place, which gives a new owner immediate control of the entire building: finish on your own timeline, choose your own scope, and set your own strategy without inheriting tenants or existing agreements.
The property is in FEMA flood zone AE, a Special Flood Hazard Area, with a base flood elevation of 10 feet. Flood insurance will be a factor and buyers should obtain quotes and an elevation certificate during due diligence.
Sold strictly AS-IS, WHERE-IS, with no repairs and no warranties expressed or implied. Seller will not accept FHA or VA financing. Cash or conventional only. Showings by appointment with a combination lockbox.
Bring your contractor, verify your numbers, and evaluate the building on its current condition and your own projections.
Buyer and Buyer's agent to verify all information including but not limited to schools, square footage, taxes, HOA, room dimensions, flood zone, and any other material facts.
Location
State TX
County Galveston
Interior
Interior Features See Remarks
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Appliance None
Exterior
Exterior Feature See Remarks
Fence See Remarks
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View None
Roof Type Composition
Porch See Remarks
Building
Lot Description Alley, Level
Faces East
Foundation See Remarks
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Cement Siding,Wood Siding
New Construction No
Schools
Elementary Schools Outside School District
Middle Schools Outside School District
High Schools Outside School District
School District Galveston Isd
Others
Pets Allowed Negotiable
Special Listing Condition Real Estate Owned
Pets Allowed Negotiable