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320 N Cleveland Avenue
Sherman TX 75090 US

$399,000

Active Listing ID 21227961
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5 bed
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3.00 Bath (3 Full)
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Lot: 0.39 Acres
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Triplex

$399,000

Active Listing ID 21227961
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320 N Cleveland Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.39 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3
  • Cooling System: Central Air, Electric
  • Floor Covering: Carpet, Laminate
  • Roof Type: Composition
  • Heating Fuels: Central, Natural Gas

School Information

  • School
  • Crutchfield(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 399000
  • unparsedaddress: 320 N Cleveland Avenue
  • postalcity: Sherman
  • stateorprovince: TX
  • country: US
  • postalcode: 75090
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.39
  • lotsizeunits: Acres
  • lotsizearea: 0.39
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.642897
  • longitude: -96.592519
  • listagentfullname: Theresa Brendemihl
  • listagentemail: theresa@easyliferealty.com
  • listagentkey: 3yd-NTREIS-0748216
  • listagentmlsid: 0748216
  • listagentpreferredphone: 9032245171
  • listagentofficephone: 9032245171
  • listofficekey: 3yd-NTREIS-EASY00TO
  • listagentstatelicense: 0748216
  • listofficemlsid: EASY00TO
  • disclaimer: 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.
  • sourcesystemid: NTREIS
  • yearbuilt: 1979
  • listagenturl: https://www.easyliferealty.com
  • countyorparish: Grayson
  • parcelnumber: 161149
  • elementaryschool: Crutchfield
  • appliances: Range
  • cooling: Central Air, Electric
  • constructionmaterials: Brick, Frame
  • flooring: Carpet, Laminate
  • heating: Central, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 8
  • parkingfeatures: Driveway
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Cable Tv Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.59252, 33.6429
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Easy Life Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"theresa@easyliferealty.com", "ListBrokerageCity":"Sherman", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brad@easyliferealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Easy Life Realty", "ListBrokeragePhone":"(903) 224-5171", "ListBrokeragePostalCode":"75090", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"603 N Travis St", "ListBrokerageWebsiteUrl":"https://www.easyliferealty.com", "ListOfficeAddress1":"603 N Travis", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0650119", "ListOfficeCity":"Sherman", "ListOfficeCountry":"US", "ListOfficeEmail":"brad@easyliferealty.com", "ListOfficePostalCode":"75090", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Sherman, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/320-N-Cleveland-Ave_Sherman_TX_75090_M87960-42926?f=listhub&s=NTREIS&m=21227961&c=rexren", "MLSModificationTimestamp":"2026-04-17T00:10:32Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Triplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/18/2026 1:37:49 AM GMT
Source Updated Date: 4/27/2026 6:44:31 PM GMT

Courtesy of: Theresa Brendemihl, Easy Life Realty, theresa@easyliferealty.com

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.