Save
Ask
Tour
Hide
Share
$649,000
2 Days On Site

1500 Oleander Drive
La Marque, TX77568

For Sale|Multi Family|Active
2
Beds
0
Total Baths
6,600
SqFt
$98
/SqFt
1976
Built
Subdivision:
Norman & Boatright
County:
Galveston

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (281) 684-2049
Is this the listing for you? We can help make it yours.
(281) 684-2049
1500 Oleander Drive1500 Oleander Drive1500 Oleander Drive1500 Oleander Drive
Save
Ask
Tour
Hide
Share

Rare investment opportunity in a growing market. Add eight income-producing units to your residential leasing portfolio at less than $82,000 per door. Consisting of two well-maintained fourplexes, this property offers affordability, stability, and long-term upside. The units are easy to lease due to competitive rental rates and a location convenient to major employment centers. Easy access to I-45, off-street paved parking, and a practical layout support strong tenant demand. Positioned to benefit from continued regional growth, the property offers an attractive entry point below replacement cost. Low-maintenance construction and straightforward management make it ideal for investors seeking dependable cash flow and future appreciation. Located outside the 100-year flood plain, the property offers added confidence and reduced ownership risk.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$649,000
Days On Site 
2 Days
Bedrooms 
2
Inside Area (SqFt) 
6,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.127 Acres
Year Built 
1976
MLS® Number 
40844817
Status 
Active
Property Tax 
$4,371
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.127
Disclosures 
Tenant Occupied
Lease Term 
12 Months
Property Sub Type 
Multi Family
SqFt Total 
6600
Interior Features
Cooling 
Electric
Heating 
Electric
Save
Ask
Tour
Hide
Share
Exterior Features
Roof 
Composition
Community Features
MLS Area 
33
School District 
52 - Texas City
Schools
School District
52 - Texas City
Elementary School
Hayley Elementary (Texas City)
Middle School
La Marque Middle School
High School
La Marque High School
Listing courtesy of Joe Tramonte Realty, Inc. [email protected]

IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.

Data provided by HAR.com © 2026. All information provided should be independently verified.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share