• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of eXp Realty LLC- MLS# 21227278MLS ProviderContact Information: Cory Meals

216 & 218 E Cherry StreetSherman, TX 75090

Multi-Family · 6 Beds · 4 Full Baths · 3,288 Sq. ft. | 0.16 Acres
$412,500 Active

216 & 218 E Cherry Street Overview

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Located just minutes from the growing downtown Sherman area, 216 & 218 Cherry St offers a solid investment opportunity with strong rental potential. This full duplex features two spacious two-story units, each offering 1,644 square feet, 3 bedrooms, and 2 full bathrooms—an ideal layout for long-term tenants. Each side is designed with functionality in mind, featuring open living areas, well-equipped kitchens with stainless steel appliances, and comfortable bedroom arrangements. The two-story layout provides a separation of space that tenants appreciate, while still maintaining an efficient and livable floorplan. Outside, each unit includes its own fenced backyard, giving tenants a private outdoor space for pets, entertaining, or everyday use—an added feature that can help drive tenant retention and rental value. Whether you're looking to add a performing asset to your portfolio or live in one unit while leasing the other, this property offers flexibility and upside in a market that continues to see steady growth. With its proximity to downtown amenities, dining, and local development, 216 & 218 Cherry St is well-positioned for both immediate income and long-term appreciation.

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216 & 218 E Cherry Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,288
  • Price/Sq.ft. $125
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Sherman ISD
  • Elementary School: Washington
  • Middle Or Junior School: Piner
  • High School: Sherman

Income/Expenses

  • Gross Income: 40800.0
  • Insurance Expense: 2000.0
  • Net Operating Income: 32800.0

Building Information

  • Year Built: 2018
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Grayson
  • Postal City: SHERMAN
  • Subdivision Name: BLAGG SAMUEL

Tax Information

  • Tax Annual Amount: 9764.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 163271
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3288.0

General Information

  • Appliances: Dishwasher,Electric Range,Microwave
  • Flooring: Ceramic Tile,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Open Floorplan,Pantry,Walk-In Closet(s)
  • Levels: Two
  • Stories: 2

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: Open,Off Street
  • Parking Total: 6.0

Lot Information

  • Lot Size Acres: 0.162
  • Lot Size Area: 0.162
  • Lot Size Square Feet: 7056.72
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 2

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

216 & 218 E Cherry Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

216 & 218 E Cherry Street Market Data

Based on the last 30 days in this zip code

$342,725
Average List Price
$177
Average Price per Square Foot
35
Properties Sold
213
Average Days on Market
301
Properties for Sale
Calculations provided by Reliance Network


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