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  1. Home›
  2. Cleveland homes for sale›
  3. 1401 Truman #1403

$240,000

▼ 4% from $250,000
1401 Truman #1403
Cleveland, TX, 77327
4baths·1,800sq ft

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

Property details

Year built
1980
Property type
Residential Income
Style
Multi Family,Duplex
Heating
Electric
Cooling
Electric
Lot
0.17 acres
Taxes / yr
$4,754

Property history

DateEventPrice
· Exp$250,000
Estimated monthly
$1,707/mo
P&I $1,277 · Tax $360/mo · Ins $70/mo

Estimate only. Taxes and insurance are typical TX defaults; check exact figures before buying.

Listed by
Top Guns Realty on Lake Conroe
Kyle Heffron
MLS78515950Listed11/3/2025Days on market10
Market trends in Cleveland
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Where this home fits
  • Biggest price cuts in Cleveland
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