Income-Generating Triplex Near
320 N Cleveland Avenue Sherman, TX 75090
New
320 N Cleveland Avenue, Sherman, TX, 75090
$379,900
For Sale
$379,900
MULTI_FAMILY - Sherman, TX
Lot Size0.39 Acres
Days on Market3
Property Features for 320 N Cleveland Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 4
- Parking
- 8
- Parking features
- Driveway
- Interior features
- DecorativeDesignerLightingFixtures, HighSpeedInternet, CableTv, WiredForSound
- Accessibility
- Accessible Approach with Ramp
- Appliances
- ElectricRange
- Standard status
- Active
- APN
- 161149
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Description
- COLLEGE PARK ADDN, BLOCK 28, LOT 5 & 6, ACRES
- Tax Annual Amount
- 8366
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Laminate
- Building materials
- Brick, Frame
- Roof type
- Composition
Listing Agency
Easy Life Realty
(903) 224-5171
Sherman, TX
Listed by
Theresa Brendemihl · License #0748216
(903) 224-5171
Added: Jul 16 Checked: Jul 18 at 4:06 am
MLS# 21227961
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-focused triplex includes a brick duplex fronting Cleveland Street and a separate two-story loft-style unit. The property has separate entrances at 320 N. Cleveland and 1520 Mulberry, along with a loft unit at 1580 Mulberry. Roof and siding were replaced in July 2026. The lower level of the loft unit is ready for completion and could be finished into an additional studio apartment.
Current leases are in place: 320 Mulberry at $1,100 per month through November 30, 2026; 320 N. Cleveland at $1,080 per month through August 31, 2026; and 1520 Mulberry at $1,100 per month through November 30, 2026. The property is described as being two blocks from campus, with nearby shopping, dining, medical facilities, and retail.
Current leases are in place: 320 Mulberry at $1,100 per month through November 30, 2026; 320 N. Cleveland at $1,080 per month through August 31, 2026; and 1520 Mulberry at $1,100 per month through November 30, 2026. The property is described as being two blocks from campus, with nearby shopping, dining, medical facilities, and retail.
Key Highlights
- Brick duplex with separate entrances at 320 N. Cleveland and 1520 Mulberry, plus a two‑story loft‑style unit at 1580 Mulberry
- Current rents: $1,100/mo (320 Mulberry through Nov 30, 2026), $1,080/mo (320 N. Cleveland through Aug 31, 2026), $1,100/mo (1520 Mulberry through Nov 30, 2026)
- Lower level of the loft‑style unit at 1580 Mulberry is ready for completion to create an additional studio apartment
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with separate entrances, including a loft-style unit with a lower level ready for completion.
Where is this triplex located?
The property is located at 320 N Cleveland Avenue Sherman, TX.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Brick duplex with separate entrances at 320 N. Cleveland and 1520 Mulberry, plus a two‑story loft‑style unit at 1580 Mulberry; Current rents: $1,100/mo (320 Mulberry through Nov 30, 2026), $1,080/mo (320 N. Cleveland through Aug 31, 2026), $1,100/mo (1520 Mulberry through Nov 30, 2026); Lower level of the loft‑style unit at 1580 Mulberry is ready for completion to create an additional studio apartment
