Sherman TX Multi Family for Sale
$600,000
1408 Park Place Sherman, TX 75092
- Type:
- Triplex
- Sq.Ft.:
- 3,441
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.37 Acres
- Year built:
- 2013
- Baths:
- 6.00
- MLS#:
- 20795147
- Subdivision:
- Fairview Park Patio Homes Repl
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Courtesy: PARAGON, REALTORS
ADDITIONAL INFORMATION
Excellent investment opportunity in rapidly growing Sherman, TX. Triplex with three units, each consisting of 3 bedrooms, 2 bathrooms, plus one car garage. Fenced backyards. Great for cash flow or 1031 exchange. Located near Fairview Park and schools. 1408 unit currently leased for $1395 through September 2025. 1402 and 1404 Park Pl currently vacant and available to see.
- Type:
- Duplex
- Sq.Ft.:
- 2,862
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.19 Acres
- Year built:
- 2000
- Baths:
- 4.00
- MLS#:
- 20793273
- Subdivision:
- Elliotts Gray Hillreplat
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Courtesy: Solvent Realty Group
ADDITIONAL INFORMATION
Calling all Investors! Fully occupied duplex with each unit offering 3 bedrooms with 1 full bath and 1 half bathroom. Each unit has a private, fenced, backyard area. Parking is shared in the back as well as street parking. New roof in 2023! Close to local parks, hospitals, schools and more! Sherman is a growing community and these properties are in high demand. The current lease expirations are as follows: Unit 116 is up March 1, 2025 and Unit 118 is up April 8, 2025.
- Type:
- Duplex
- Sq.Ft.:
- 2,393
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.3 Acres
- Year built:
- 1970
- Baths:
- 4.00
- MLS#:
- 20786916
- Subdivision:
- Idlewood Acres Add
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Courtesy: Real
ADDITIONAL INFORMATION
3BR 2BA on each side with a single car garage for each side. Privacy fenced yards per unit. Situated in West Sherman. One side occupied, the other side is vacant and recently renovated.
- Type:
- Duplex
- Sq.Ft.:
- 2,013
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.18 Acres
- Year built:
- 1956
- Baths:
- 2.00
- MLS#:
- 20655487
- Subdivision:
- NORTHWOOD HEIGHTS ADDN
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Courtesy: C-21 DEAN GILBERT, REALTORS
ADDITIONAL INFORMATION
Great duplex in a very desirable location. It's minutes away from Fairview Park, grocery shopping, Sherman downtown, and Sherman Town Center. Each side has 2 bedrooms, 1 bath and a carport. Duplex has new shingles in 2023. Interior painted in 2021, Exterior painted 2019, Hot water heaters replaced in 2024 and 2023, and HVAC units replaced in 2023 and 2014. Great investment property. Both sides are presently under lease.
$374,900
1810 Archer Drive Sherman, TX 75092
- Type:
- Duplex
- Sq.Ft.:
- 2,955
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.24 Acres
- Year built:
- 1985
- Baths:
- 4.00
- MLS#:
- 20609425
- Subdivision:
- Westwood 8th Add
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Courtesy: EXP REALTY
ADDITIONAL INFORMATION
$1,100,000
517-523 S Travis St Sherman, TX 75090
- Type:
- Apartment
- Sq.Ft.:
- 9,065
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1946
- Baths:
- MLS#:
- 20576286
- Subdivision:
- G-0056
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Courtesy: Vissute Real Estate, LLC
ADDITIONAL INFORMATION
This stabilized multifamily property is an ideal investment opportunity. Boasting 100% occupancy and an average of 97.5% over the past five years, the property is well-positioned in a prime location with convenient access to the downtown square and major highways. It features a diverse unit mix, including large efficiencies, 1-bedroom, and 2-bedroom apartments, with the added convenience of on-site laundry and washer-dryer hookups in the 2-bedroom units. Residents enjoy ample parking, and recent improvements include new roofs installed in September 2024, a new fence along the south side in August 2024, and a new stairwell for the duplex added in September 2024. Currently self-managed by the owner, this property offers a secure, income-generating investment with consistent occupancy in a high-demand area.The Welling Apartments is comprised of 13 units blocks away from Downtown Sherman, TX.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2025 North Texas Real Estate Information Systems
Sherman Real Estate
The median home value in Sherman, TX is $234,700. This is lower than the county median home value of $244,800. The national median home value is $338,100. The average price of homes sold in Sherman, TX is $234,700. Approximately 47.9% of Sherman homes are owned, compared to 41.51% rented, while 10.58% are vacant. Sherman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sherman real estate agent to arrange a tour today!
Sherman, Texas has a population of 43,273. Sherman is more family-centric than the surrounding county with 31.8% of the households containing married families with children. The county average for households married with children is 31.12%.
The median household income in Sherman, Texas is $53,536. The median household income for the surrounding county is $62,078 compared to the national median of $69,021. The median age of people living in Sherman is 34.5 years.
Sherman Weather
The average high temperature in July is 92.4 degrees, with an average low temperature in January of 32 degrees. The average rainfall is approximately 42.2 inches per year, with 1.2 inches of snow per year.