1231 W Morton Street #1231, Denison, TX 75020
Local realty services provided by:CENTURY 21 Judge Fite Company
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.
Contact an agent
Home facts
- Year built:1955
- Listing ID #:21191195
- Added:108 day(s) ago
- Updated:June 20, 2026 at 11:49 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
New listings near 1231 W Morton Street #1231
- New
$269,000Active3 beds 2 baths1,617 sq. ft.2715 Regal Drive, Denison, TX 75020
MLS# 21304559Listed by: RANGEPOINT REALTY, LLC - Open Sat, 1 to 4pmNew
$435,000Active4 beds 3 baths3,091 sq. ft.2513 Brookhaven Drive, Denison, TX 75020
MLS# 21302311Listed by: KELLER WILLIAMS PROSPER CELINA - New
$99,000Active2 beds 1 baths840 sq. ft.1055 Star Street, Denison, TX 75020
MLS# 21307201Listed by: LEGACY BUYER PARTNERS - New
$385,000Active3 beds 3 baths2,857 sq. ft.1114 S Houston Avenue, Denison, TX 75021
MLS# 21307256Listed by: MARK SPAIN REAL ESTATE - New
$239,000Active2 beds 1 baths1,790 sq. ft.815 W Woodard Street, Denison, TX 75020
MLS# 21304911Listed by: BETTER HOMES & GARDENS, WINANS - New
$85,000Active1.95 AcresTBD S Eisenhower Parkway, Denison, TX 75021
MLS# 21306555Listed by: C-21 DEAN GILBERT, REALTORS - New
$290,000Active3 beds 3 baths2,260 sq. ft.1325 W Main Street, Denison, TX 75020
MLS# 21305771Listed by: RE/MAX SIGNATURE PROPERTIES - New
$575,000Active3 beds 2 baths2,406 sq. ft.1045 Middle Road, Denison, TX 75021
MLS# 21290581Listed by: EXP REALTY - New
$209,000Active3 beds 2 baths1,313 sq. ft.411 N Mirick Avenue, Denison, TX 75020
MLS# 21305955Listed by: MKT REALTY CO - New
$900,000Active9.63 Acres000 Bluebonnet Avenue, Denison, TX 75020
MLS# 21299620Listed by: HBL, REALTORS