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).
Tenant Setup: Both homes are currently occupied by long-term tenants.
Separately Metered: Both homes feature separate water and electricity meters.
Layout: Plenty of yard space allows for private, separate outdoor areas for each tenant.
For sale
Price cut: $6K (6/26)
$179,000
401 Dunnam Ave, Cleveland, TX 77327
4beds
1,216sqft
Multi Family
Built in 1997
-- sqft lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
Plenty of yard space
- 48 days |
- 119 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Tommy Bowen TREC #0680155 713-202-1633,
JLA Realty
Source: HAR,MLS#: 35124719
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Electric, Window Unit(s)
Interior area
- Total structure area: 1,216
- Total interior livable area: 1,216 sqft
Property
Features
- Stories: 1
Lot
- Size: 0.52 Acres
Details
- Parcel number: 006180000012003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1997
Community & HOA
Community
- Subdivision: Magnolia Park
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $25,470
- Annual tax amount: $4,573
- Date on market: 5/22/2026
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$1,307/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $179,000-3.2%$147/sqft |
Source: | ||
| 6/9/2026 | Price change | $185,000-2.6%$152/sqft |
Source: | ||
| 5/22/2026 | Price change | $189,995-4.5%$156/sqft |
Source: | ||
| 11/12/2025 | Price change | $199,000-2.9%$164/sqft |
Source: | ||
| 9/22/2025 | Price change | $205,000-14.2%$169/sqft |
Source: | ||
| 7/11/2025 | Price change | $239,000-4%$197/sqft |
Source: | ||
| 7/1/2025 | Price change | $249,000-2.4%$205/sqft |
Source: | ||
| 5/9/2025 | Price change | $255,000-4.9%$210/sqft |
Source: | ||
| 4/21/2025 | Price change | $268,000-2.5%$220/sqft |
Source: | ||
| 2/4/2025 | Listed for sale | $275,000$226/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2020 | $653 +2.5% | $25,470 +7.7% |
| 2019 | $637 | $23,640 +17.5% |
| 2018 | -- | $20,120 -15.2% |
| 2017 | -- | $23,740 -1.9% |
| 2016 | -- | $24,200 +2.8% |
| 2015 | -- | $23,540 -3.7% |
| 2014 | -- | $24,440 -4.7% |
| 2013 | -- | $25,650 -4.5% |
| 2012 | -- | $26,850 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 77327
Nearby schools
GreatSchools rating
- 2/10Eastside Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 2/10Cleveland Middle SchoolGrades: 6-8Distance: 1.8 mi
- 1/10Cleveland High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Northside Elementary School (Cleveland)
- Middle: Cleveland Middle School
- High: Cleveland High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Liberty County
- Cleveland
- 77327
- 401 Dunnam Ave



