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Cleveland TX Investment Duplex Portfolio
For Sale
$240,000

1401 Truman St 1403, Cleveland, TX 77327

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

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

Property Features for 1401 Truman St 1403

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 $4,754

Building Details

Building Size 1,800 SF
Year Built 1980
Stories 1
Units 1
Listing Agency: THE CORP TEAM
Listed By: Emmanuel Bravo · License #0738496
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 22 at 8:41AM

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. The properties offer cash flow and long-term appreciation potential. Each duplex contains two units, each with two bedrooms and one bathroom. 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 of which are currently leased and generating rental income. The 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 location is in a high-demand area with ongoing development, providing 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 (10 units) provides immediate cash flow.
  • Located in the growing community of Cleveland, TX, a high‑demand rental market.
  • Turnkey investment opportunity ideal for expanding portfolios or 1031 exchange.

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, TX.
Where is this duplex located?
The property is located at 1401 Truman St 1403 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 (10 units) provides immediate cash flow.; Located in the growing community of Cleveland, TX, a high‑demand rental market.; Turnkey investment opportunity ideal for expanding portfolios or 1031 exchange.
More about this property
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