320 N Cleveland Avenue, Sherman, TX 75090
Local realty services provided by:CENTURY 21 Mike Bowman, Inc.
Listed by: theresa brendemihl, tomi yeary
Office: easy life realty
MLS#:21227961
Source:GDAR
Price summary
- Price:$394,999
- Price per sq. ft.:$102.68
About this home
*****THE ROOF AND SIDING ARE SCHEDULED TO BE REPLACED.***** Prime income-producing opportunity just minutes from Austin College. Located only two blocks from campus, this versatile multi-unit property offers strong rental history, walkability, and immediate cash flow in one of Sherman’s most desirable investment corridors.
The property features a well-maintained brick duplex fronting Cleveland Street, with separate entrances at 320 N. Cleveland and 1520 Mulberry, plus a unique two-story loft-style unit at 1580 Mulberry. An added value opportunity exists with the lower level of the loft, which is ready for completion and could be finished into an additional studio apartment—creating even greater income potential.
Positioned within walking distance to the college and just minutes from shopping, dining, medical facilities, and retail, this location consistently attracts tenants and supports long-term occupancy. This is a proven performer.
Current Leases:
320 Mulberry – $1,100 a month, lease through November 30, 2026
320 N. Cleveland – $1,080 a month, lease through August 31, 2026
1520 Mulberry – $1,100 a month, lease through November 30, 2026
Whether you are expanding your portfolio or securing a reliable income property in a high-demand rental market, this asset offers both stability and upside in a location that continues to grow....
Contact an agent
Home facts
- Year built:1979
- Listing ID #:21227961
- Added:63 day(s) ago
- Updated:June 19, 2026 at 11:46 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate
- Kitchen Description:Electric Range
- Living area:3,847 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:3,847 sq. ft.
- Lot area:0.39 Acres
- Construction Materials:Brick, Frame
- Foundation Description:Slab
Schools
- High school:Sherman
- Middle school:Piner
- Elementary school:Crutchfield
Finances and disclosures
- Price:$394,999
- Price per sq. ft.:$102.68
- Tax amount:$8,366
Features and amenities
- Appliances:Electric Range
Parking
- Total parking spaces:8
- Garage:Yes
- Garage spaces:1
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