1231 W Morton Street #1231, Denison, TX 75020

Denison
Local realty services provided by:ERA Newlin & Company
1231 W Morton Street #1231,Denison, TX 75020
$1,050,000
Virtual Tour
  • 24 Beds
  • 12 Baths
  • 13,920 sq. ft.
  • Multi-family
  • Active
Listed by: prasanthi morusupalli
Office: powerstar realty
MLS#:21191195
Source:GDAR

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$75.43

About this home

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.

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Home facts

  • Year built:1955
  • Listing ID #:21191195
  • Added:72 day(s) ago
  • Updated:May 15, 2026 at 11:55 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:12
  • Full bathrooms:12
  • Flooring:Ceramic Tile, Laminate, Wood
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Gas Range, Microwave, Refrigerator
  • Living area:13,920 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric, Window Units
  • Heating:Electric, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1955
  • Building area:13,920 sq. ft.
  • Lot area:1 Acres
  • Lot Features:Acreage
  • Construction Materials:Brick
  • Foundation Description:Pillar Post Pier
  • Levels:2 Story

Schools

  • High school:Denison
  • Middle school:Henry Scott
  • Elementary school:Terrell

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$75.43

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Laundry features:Washer

Parking

  • Total parking spaces:24
  • Garage:Yes
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 15, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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