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Truman St & Lyle St Duplexes 1401/1403; 1409/14011; 1413/1415 Truman St & 706/7 10 Unit Apartment Building $1,674,240 CAD ($167,424 CAD/Unit) Cleveland, TX 77327

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INVESTMENT HIGHLIGHTS

  • Strong Population Growth
  • Affordable Housing Demand
  • Infrastructure and Development
  • Economic Expansion
  • Investment Potential

EXECUTIVE SUMMARY

Portfolio consisting of 10 fully leased units (5 duplexes).Each unit features a clean, consistent layout that is easy to manage and highly attractive to tenants. Situated in well-established neighborhoods with convenient access to local schools, shopping centers, and major highways, this portfolio is ideally positioned to meet the area’s growing demand for affordable rental housing.
Currently 100% occupied, the portfolio provides immediate cash flow with minimal overhead, making it a strong option for both new and experienced investors. As Cleveland continues to experience rapid population growth, infrastructure expansion, and economic diversification, these properties offer not only dependable rental income but also significant potential for long-term appreciation. With low-maintenance construction and scalable performance, this is a prime investment in a rising Texas submarket.

PROPERTY FACTS

Price $1,674,240 CAD
Price Per Unit $167,424 CAD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class C
Building Size 12,000 SF
No. Stories 1
Year Built 1980
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Ceiling Fans

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 10 - -
  • Listing ID: 35691588

  • Date on Market: 2025-04-30

  • Last Updated:

  • Address: 1401/1403; 1409/14011; 1413/1415 Truman St & 706/7, Cleveland, TX 77327

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