Sandeep D Balse
License number: 0599503
mobile: (682) 651-5335
 www.kanamrealty.­com/
 100 N Central Expy
 Suite 913
 Richardson, TX 75080
$399,000
320 Cleveland Avenue, Sherman, Texas 75090, USA
MLS#
21227961
Property type
Residential For Sale, Multi-Family, Triplex
Land size
0.39 sqft (0.04 m2)
Building Size
3,847 sqft (357.4 m2)
Status
Bedrooms
5
Baths
3
Sale price per sqm
0 $
Virtual Tour
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.
Property Details
1979 Year Built:
Building or Complex name: College Park Addition Location:
Brick, Siding Construction:
Siding Exterior Description:
Resale Condition:
Ramp Handicapped Features:
Handicapped Features, Garage, Decorative Lighting Property Features:
laminate, Carpet Floors:
city water, City sewer, Individual Gas Meter Utilities:
Central, Natural Gas Heating System:
Central, Electric Cooling System:
Cable Available, Broadband internet access Telecommunication:
On Slab Basement and Foundation:
composition Roofing:
Parking / Garage
8 Number of parking spaces:
Common Lot Parking type:
1 Garage Spaces:
Garage Dimensions: 15 x 20 Garage Dimensions:
Attached Garage Garage Description:
School Information
1075 School District:
Crutchfield Elementary School:
Sherman High School:
Piner Middle School:

Listing by: Easy Life Realty
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