216 & 218 E Cherry St Sherman, TX 75090
Estimated payment $3,029/month
Highlights
- Open Floorplan
- Ceramic Tile Flooring
- Ceiling Fan
- Walk-In Closet
- Central Air
- Heat Pump System
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,764
Year Built
- Built in 2018
Lot Details
- 7,057 Sq Ft Lot
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 2-Story Property
- Open Floorplan
- Ceiling Fan
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Parking
- Open Parking
- Off-Street Parking
Schools
- Washington Elementary School
- Piner Middle School
- Sherman High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tax Lot 89
- Assessor Parcel Number 163271
Community Details
Overview
- 2 Units
- 3,288 Sq Ft Building
- Blagg Samuel Subdivision
Building Details
- Gross Income $40,800
- Net Operating Income $32,800
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2026 05/18/26 | Price Changed | $412,500 | -2.9% | $125 / Sq Ft |
| 04/02/2026 04/02/26 | For Sale | $425,000 | -- | $129 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21227278
APN: 163271
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Ask me questions while you tour the home.