320 N Cleveland Avenue, Sherman, TX 75090

Sherman
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
320 N Cleveland Avenue,Sherman, TX 75090
$399,000
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  • 5 Beds
  • 3 Baths
  • 3,847 sq. ft.
  • Multi-family
  • Active
Listed by: theresa brendemihl, tomi yeary
Office: easy life realty
MLS#:21227961
Source:GDAR

Price summary

  • Price:$399,000
  • Price per sq. ft.:$103.72

About this home

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 –...

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Home facts

  • Year built:1979
  • Listing ID #:21227961
  • Added:7 day(s) ago
  • Updated:April 24, 2026 at 11:51 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:$399,000
  • Price per sq. ft.:$103.72
  • Tax amount:$8,366

Features and amenities

  • Appliances:Electric Range

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:1
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated April 24, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Edwards & Associates.

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