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1231 W Morton Street, Unit 1231, Denison, TX 75020

$1,050,000
  • 1231 W Morton Street, Unit 1231, Denison, TX 75020 Main Photo

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Active
BEDS24 BATHS12 full MLS#21191195
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMillers 2nd Add SCHOOLDenison ISD

Property Description

Rare opportunity to acquire a 12-unit multifamily property in a high-demand North Texas rental market with immediate upside potential. This property in Denison consists of six duplex buildings, offering operational efficiency, diversified income streams, and strong tenant appeal.Positioned on W Morton Street with excellent access and visibility, the asset is strategically located near downtown Denison, retail corridors, schools, and major commuter routes—driving consistent rental demand.Six duplexes, 12 units. Two units updated with high end finishes, granite, hardwood, stainless appliances, windows, HVAC, detached 2-car garage. Remaining 10 units include upgrades and repairs, hardwood, ample parking and tenant paid utilities. Room for value add presents greater rental upside with full rehab. Very convenient proximity to Denison and Lake Texoma visitors.

1231 W Morton Street, Unit 1231 | MLS# 21191195

This multi-family property located at 1231 W Morton Street, Unit 1231, Denison, TX 75020 is currently listed for sale with an asking price of $1,050,000. W Morton Street, Unit 1231 is located within the Denison ISD school district. Search Denison real estate on www.jackiefatten.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric, Window Unit(s)
Heating: Electric, Natural Gas
Lot Size: 1.00 Acres
Roof Type: Composition
Year Built: 1955

Amenities

Cable TV Available
Decorative Lighting
High Speed Internet Available
Covered Patio/Porch

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Days on Site: 22
Exterior: Brick, Siding
Flooring: Ceramic Tile, Laminate, Wood
Lot: Acreage
Parcel#: 141548
Parking: Assigned, Garage
Parking Notes: Assigned, Garage
Patio/Porch: Covered, Patio
Units: 12
Utilities: Alley, Asphalt, City Sewer, City Water

Local Schools

Elementary School: Terrell
School District: Denison ISD

Listed By / Shown By

Listed By

Agency Name: Powerstar Realty
Agency Contact: 855-659-3400
Agent Name: Prasanthi Morusupalli

agent picture

Shown By

Agent Name: Jackie Fatten
Agent Phone: (254) 749-6508
Agency Title: Kelly, Realtors

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Estimated Payment

$ 2,643.09 per month $2,336.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $306.25 Homeowner's Insurance

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