24
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$189,995
Est. payment /mo
4 Beds
2 Baths
1,216 SqFt
New
401 Dunnam AVE Cleveland, TX 77327
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,216 sqft
Price per Sqft $156
Subdivision Magnolia Park
MLS Listing ID 35124719
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1997
Annual Tax Amount $4,573
Tax Year 2025
Property Sub-Type Detached
Property Description
ATTENTION INVESTORS! Rare Cleveland Turnkey Cash Flow Opportunity
Priced to sell fast! Don't miss out on this rare opportunity to own over 1/2 acre in Cleveland featuring two income-producing rental homes with long-term, stable tenants.
Property Highlights:
Lot Size: 3 lots totaling just over 1/2 acre.
Location: Perfectly situated on the high-visibility intersecting corner of Dunnam Ave. and Fostoria St.
Unit 1: 4 bedroom, 2 bath manufactured home (remodeled in 2021).
Unit 2: 3 bedroom, 1 bath, 852 sq. ft. home (converted from a garage/shop in 2021).
Financials & Utilities:
Gross Annual Income: $26,400 as of 2025.
Tenant Setup: Both homes are currently occupied by long-term tenants.
Separately Metered: Both homes feature separate water and electricity meters.
Expense Structure: Owner covers maintenance and taxes; renters pay all utilities.
Layout: Plenty of yard space allows for private, separate outdoor areas for each tenant.
Priced to sell fast! Don't miss out on this rare opportunity to own over 1/2 acre in Cleveland featuring two income-producing rental homes with long-term, stable tenants.
Property Highlights:
Lot Size: 3 lots totaling just over 1/2 acre.
Location: Perfectly situated on the high-visibility intersecting corner of Dunnam Ave. and Fostoria St.
Unit 1: 4 bedroom, 2 bath manufactured home (remodeled in 2021).
Unit 2: 3 bedroom, 1 bath, 852 sq. ft. home (converted from a garage/shop in 2021).
Financials & Utilities:
Gross Annual Income: $26,400 as of 2025.
Tenant Setup: Both homes are currently occupied by long-term tenants.
Separately Metered: Both homes feature separate water and electricity meters.
Expense Structure: Owner covers maintenance and taxes; renters pay all utilities.
Layout: Plenty of yard space allows for private, separate outdoor areas for each tenant.
Location
State TX
County Liberty
Area Cleveland Area
Interior
Heating Central, Electric
Cooling Central Air, Electric, Window Unit(s)
Fireplace No
Exterior
Roof Type Other
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Schools
Elementary Schools Northside Elementary School (Cleveland)
Middle Schools Cleveland Middle School
High Schools Cleveland High School
School District 100 - Cleveland
Others
Tax ID 006180-000012-003
Listed by JLA Realty Tommy Bowen