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1409 Truman St #1411, Cleveland, TX, 77327

2beds
1baths
1,800sqft
$240,000
$133price/sqft
$1,892/moest. monthly cost
$75,680/yrincome needed

About This Home

Investment opportunity in the growing community of Cleveland, TX 77327—a portfolio of five fully-occupied duplexes offering cash flow and long-term appreciation potential. Each duplex features two spacious 2-bedroom, 1-bath units, with approximately 900 square feet per side and a total of +/-1,800 square feet per building. That’s 10 income-producing units across the portfolio, all currently leased and generating steady rental income. These properties sit on individual lots and are ideal for investors looking to expand their portfolio, execute a 1031 exchange, or secure passive income in a strong rental market. Located in a high-demand area with ongoing development, this offering represents a turnkey solution for both new and seasoned investors seeking stability, scale, and growth in Texas real estate

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

2/10
2/10
Cleveland Middle SchoolGrades 6-80.6 mi
1/10
Cleveland High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1980

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Range
  • Laundry features: Washer/Dryer Connections

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Parcel number: 004640000061110

Features

  • Stories: 1

Lot

  • Lot size: 7,840 sqft
  • Features: Cleared

Parking

  • Parking features: Carport,Two Parking Units
  • Carport: Yes