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Five Duplex Portfolio in Cleveland
For Sale
$240,000

1413 Truman St 1415, Cleveland, TX 77327

Portfolio of five fully-occupied duplexes in Cleveland, Texas.

Property Size1,800 SF
Lot Size0.17 Acres
Days on Market268

Property Features for 1413 Truman St 1415

General Information

Standard status Active
Size 1,800 SF
Lot size 0.17 Acres
Property subtype Investment
Lease Term 12 months

Taxes and HOA fees

Annual Taxes $4,540

Building Details

Building Size 1,800 SF
Year Built 1978
Stories 1
Units 1
Listing Agency: THE CORP TEAM
Listed By: Emmanuel Bravo · License #0738496
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 12 Last Checked: Aug 22 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE CORP TEAM

Investment Insights

Based on property information with market context.

This is an investment opportunity located in Cleveland, TX 77327, featuring a portfolio of five fully-occupied duplexes. Each duplex contains two spacious 2-bedroom, 1-bath units. Each side of the duplex is approximately 900 square feet, with a total of approximately 1,800 square feet per building. The portfolio includes a total of 10 income-producing units, all currently leased and generating rental income. These properties are situated on individual lots. This offering is suitable for investors looking to expand their portfolio, execute a 1031 exchange, or secure passive income in a strong rental market. The properties are located in a high-demand area with ongoing development, representing a turnkey solution for both new and seasoned investors seeking stability, scale, and growth in Texas real estate.

Key Highlights

  • Portfolio of five fully‑occupied duplexes provides immediate cash flow and long‑term appreciation potential.
  • Ten income‑producing units are currently leased and generating steady rental income.
  • Located in a high‑demand area of Cleveland, TX (77327) with ongoing development.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby

Demographics for 77327, TX

32,269
Population
12,967
Households
2.5
Avg Household Size
33
Median Age
10%
College-Educated
75%
High-School Grad
339.1 sq mi
ZIP Area
95
Density / Sq Mi
$57,538
Median Household Income
$39,382
Median Earnings
$1,001
Median Rent
$144,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Portfolio of five fully-occupied duplexes in Cleveland, Texas.
Where is this duplex located?
The property is located at 1413 Truman St 1415 Cleveland, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Portfolio of five fully‑occupied duplexes provides immediate cash flow and long‑term appreciation potential.; Ten income‑producing units are currently leased and generating steady rental income.; Located in a high‑demand area of Cleveland, TX (77327) with ongoing development.
More about this property
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