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Fully Leased 4-Plex Investment
For Sale
$400,000

1815 Southline St, Cleveland, TX 77327

Fully occupied four-unit property with convenient access to Hwy 59/I-69 for commuting.

Property Size3,028 SF
Days on Market97

Property Features for 1815 Southline St

General Information

Standard status Active
Size 3,028 SF
Property subtype Investment
Occupancy 100%
Lease Term 12 months

Additional Details

Highway Access Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,858

Building Details

Building Size 3,028 SF
Year Built 1982
Stories 1
Units 1
Tenancy Multi
Listed By: Gina Musachia · License #728695
Source: Elliman
Added: Jun 3 Changed: Aug 13 Last Checked: Sep 6 at 11:16AM

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 Gina Musachia

Investment Insights

Based on property information with market context.

This 4-plex (quadplex) is fully occupied, with all units currently leased. The property is described as having functional layouts and a strong occupancy history, providing an income-producing setup for an owner who wants tenants already in place.

Located in the Cleveland, Texas area at 1815 Southline St, the property offers convenient access to Hwy 59/I-69, supporting an easy commute to Houston and surrounding areas. Showings are by appointment only, and tenants should not be disturbed.

For investors or buyers looking for a residential income property with immediate occupancy, this fully leased configuration can simplify transition time because there is no vacancy indicated in the offering. The combination of leased units and straightforward access to major routes may appeal to buyers seeking a hands-on, income-focused purchase with tenants already established.

Key Highlights

  • Fully occupied 4‑plex with all units currently leased
  • Convenient access to Hwy 59/I‑69 for commuting to Houston and surrounding areas
  • Year built: 1982

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Plumbing Service HVAC Service Furniture & Home Goods

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

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

257
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?
Quadplex - Fully occupied four-unit property with convenient access to Hwy 59/I-69 for commuting.
Where is this quadplex located?
The property is located at 1815 Southline St Cleveland, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Fully occupied 4‑plex with all units currently leased; Convenient access to Hwy 59/I‑69 for commuting to Houston and surrounding areas; Year built: 1982
More about this property
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