INVESTOR OPPORTUNITY - 5 UNITS, 2 STRUCTURES, ONE PACKAGE! Unlock the potential of this unique income-producing property featuring a separate 3-bedroom, 1-bath single-family home PLUS a 4-unit apartment building. Each apartment offers 2 bedrooms, with one unit featuring 3 baths and the remaining three offering 1.5 baths each. Apartment rents average approximately $800/month, generating roughly $3,200/month in gross apartment income alone, with additional income potential from the separate main house. An attractive opportunity for investors looking to expand their portfolio, maximize multiple income streams, and capture future rental upside. Five residential units. Two structures. One investment opportunity with serious potential. *Sale includes 2308 Avenue L* Confirmed with the County that both structures (SF on 2200 5th St. & MF on 2308 Avenue L) must be sold as ONE.
Details
MLS #
7319318
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1930
Days On Site
3
Listing Provided By
Redbird Realty LLC | Jeffrey Garza
Features
Bed(s)
3
Bath(s)
1 Total
SQ Feet
2,240
Story(s)
1
Acreage
0.17
Exterior
Lot Features
Corner Lot
Parking
Garage Yes / No
No
Area Information
State
TX
County
Matagorda
City
Bay City
Zip Code
77414
Area
54
Community Name
Bay City Original Townsite
Listing VS Median (in Bay City Original Townsite)
Price: $280,000
low | high
Med: $195,000
80.357142857143% of Average
sqft: 2,240
low | high
Med: 1,333
90.513392857143% of Average
$ / sqft: $125
low | high
Med: $146
32.909901032518% of Average
On site: 3
low | high
Med: 144
2.083333333333% of Average
Sourced by Back At You
Market Activity 77414
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jan 2026
Sales: 1
Avg $ Per SqFt: $131.3
Min Sale Price: $185,000
Max Sale Price: $185,000
Med Sale Price: $185,000
Sourced by Back At You
Jan 2026
Sales:
1
Avg $ Per SqFt:
$131.3
Min Sale Price:
$185,000
Max Sale Price:
$185,000
Med Sale Price:
$185,000
MLS Number: 7319318
Jeffrey Garza – (210) 818-8135
Redbird Realty LLC – (210) 783-0100
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Houston Association of REALTORS®.