For Sale

$250,000

HIGHLIGHTS:
  • Active
  • $3,407/month
  • 153 DOM
  • 1 Stories
  • 0 Beds
  • 1,800 SqFT
Description

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

Overview
  • MLS Number: 90233637
  • Type: Multi-Family - Duplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 1,800 SqF
  • Land Size: 7,841 sqft
  • Year Built: 1980
Financial
Price:
$250,000
Price/SqFT:
$138.89
HOA Fee:
Tax Rate:
2.2641 %
Est. Monthly:
$3,407 *
Tax Amount:
$5,660
Amenities and features
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Carpet,Vinyl
    Heating:
    Central Electric
    Cooling:
    Central Electric
    Dishwasher:
    No
    Disposal:
    No
    Compactor:
    No
    Microwave:
    No
    Energy Feature:
    Ceiling Fans
  • Roof:
    Composition
    Exterior Type:
    Brick
    Lot Description:
    Cleared
    Parking:
    Carport Parking
    Parking Unit:
    Two

Listed By:
Kyle Heffron

Top Guns Realty on Lake Conroe

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