For sale: a package of 2 full duplexes located across from Fairview Park in West Sherman. Each unit offers 3 bedrooms, 2 bathrooms, and a single-car garage. 2 of the 4 units have been recently updated, while the remaining 2 are in good condition but could benefit from cosmetic improvements. All roofs were replaced in 2023. This is a fantastic opportunity for investors, with Sherman's ongoing growth driven by Texas Instruments, Global Wafers, and other major developments. Perfect for cash flow or a 1031 exchange! Please do not disturb tenants.
INVESTOR'S DELIGHT! This well-maintained duplex with identical 3 bedrooms and 2 bathrooms on each side, has been rented out consistently with no vacancies! Units were built in 2018 with granite countertops and stainless-steel Energy Star rated appliances with an open planned living style. Washer and dryer units are inside. Small backyards are located outside master bedrooms. Each unit has a 1 car attached garage with a double wide driveway for extra parking. New water heater installed in unit 800. Long term tenants have each been renting for over a year. Currently occupied.
AWESOME income producing opportunity! 100% occupied Duplex in Sherman, Tx! $2,775 a month in monthly gross income! Unit 620 is leased 7-5-25 at $1,325 a month. Unit 622 is tenant occupied through 6-30-25 at $1,450 a month. Unit 622 is 4 bed 2 bath. Unit 620 is 3 bed 2 bath. Both units remodeled with vinyl wood floors, new kitchens, appliances, bathrooms, central HVAC, fixtures, and more! Open-concept living area with plenty of natural light and space! UPDATED Kitchen with white cabinets, granite C-tops, and tile backsplash! Large Primary Bedroom with adjoining on-suite bath featuring tile shower! All bedrooms are a good size. Shared yard and plenty of parking!
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.
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 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.
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.