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401 Dunnam Ave

Cleveland, TX 77327
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Just listedJust listed
1,216 Sqft
22,499 Lot Sqft
Multi-Family - Multiple Detached Dw

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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.

MLS#
35124719
List Price
$189,995 ($156/Sqft.)
Listing Status
For Sale
Address
401 Dunnam Ave
City
Cleveland
State
TX
Zip Code
77327
County
Liberty County
Subdivision
Magnolia Park
Legal Description
MAGNOLIA PARK, BLOCK 1, LOT 16 17 18, ACRES .5165, MH LABEL#
Property Type
Multi-Family - Multiple Detached Dw
Stories
1
Building Size
1,216 Sqft/Appraisal District
Year Built
1997 /Appraisal
Lot Size
22,499 Sqft/Appraisal District
Market Area

Exterior

Roof
Other

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Financial information

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$4,573/2025
Tax Rate
2.1341

Interior

Cooling
Central Electric, Window Units
Heating
Central Electric

Rooms

3 Bdr #
1

Lot Information

Lot Size
22,499 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Houston Association of REALTORS®
Source last updated May 24, 2026 at 03:46 PM
Listing last updated May 22, 2026 at 01:57 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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