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Triplex with Two-Story Loft
For Sale
$379,900

320 N Cleveland Avenue, Sherman, TX 75090

ResidentialIncome, Sherman, TX

Property SizeContact for details
Lot Size0.39 Acres
Days on Market89

Property Features for 320 N Cleveland Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2
Parking 8
Parking features Driveway
Interior features DecorativeDesignerLightingFixtures, HighSpeedInternet, CableTv, WiredForSound
Accessibility Accessible Approach with Ramp
Appliances ElectricRange
Subdivision College Park Add
Elementary school Crutchfield
Middle school Piner
High school Sherman
Elementary school district Sherman ISD
Middle school district Sherman ISD
High school district Sherman ISD
Directions From Texoma Parkway take Grand Ave. east to Mulberry, Turn Left (south) to N Cleveland - Properties are on SE Corner of N Cleveland and Mulberry
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
Legal Description COLLEGE PARK ADDN, BLOCK 28, LOT 5 & 6, ACRES

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
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
Listed By: Theresa Brendemihl · License #0748216
Added: Jul 17 Changed: Oct 6 Last Checked: Oct 13 at 10:06PM
MLS# 21227961

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 triplex combines a brick duplex with a distinctive two-story loft-style residence. The property includes separate entrances associated with the Cleveland Avenue and Mulberry Street units, along with a lower loft level that is ready for completion. Construction dates to 1979, with brick and frame materials, composition roofing, central heating and cooling, public water, and public sewer. The site encompasses 0.39 acres and includes driveway parking.

The property is located in Sherman near Austin College, with the campus described as two blocks away and within walking distance. Shopping, dining, medical facilities, and retail are also identified nearby. Interior features include decorative lighting, high-speed internet capability, cable TV, and sound wiring. An electric range is included.

Key Highlights

  • Triplex configuration with a brick duplex and two‑story loft‑style unit
  • 0.39‑acre site in Sherman
  • Lower level of loft is ready for completion

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Pharmacy Skin Care Clinic Spa & Massage Center

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 75090, TX

25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Brick-and-frame multifamily property with a two-story loft unit and 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: Triplex configuration with a brick duplex and two‑story loft‑style unit; 0.39‑acre site in Sherman; Lower level of loft is ready for completion
More about this property
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