1231 W Morton Street #1231
Denison, Texas 75020
24
Bed
12
Bath
1Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 24Bathroom Information
Total Baths: 12 Full Baths: 12 -
Interior Features
Cable TV Available,Decorative Lighting,High Speed Internet AvailableAppliances
Dishwasher,Disposal,Electric Range,Gas Range,Gas Water Heater,Microwave,Refrigerator,WasherUtilities
Alley,Asphalt,City Sewer,City Water -
Cooling Features
Ceiling Fan(s),Central Air,Electric,Window Unit(s)Heating Source
Electric,Natural Gas
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Building Information
Built Year: 1955 Building Area Total: 13,920 Construction: Brick,Siding Roof Type: Composition -
Exterior Features
Covered Patio/PorchFoundation
Pillar/Post/Pier -
Patio And Porch
Covered,PatioConstruction Materials
Brick,Siding
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Lot Information
Lot Size (Acr): 1.0000 Lot Size Units: Acres Lot Size Square Feet: 43,560 Lot Features: Acreage -
Property Information
Property Type: Residential Income Property Sub Type: Apartment Subdivision: Millers 2nd Add City: Denison State: Texas Directions: From 75 North, turn right on Morton St, property located on the left. Property Status: Active Levels: Two Property Age: 71 Year Built Details: Preowned
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Listing Price Information
Original List Price: $1,050,000 -
Listing Information
Possession: 30-60 Days,60-90 Days,Closing/Funding,Negotiable
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Tax Information
Parcel Number: 141548 Tax Block: 31 Tax Legal Description: MILLERS 2ND ADDN, BLOCK 31, LOT 10 THRU 14 Tax Lot: 10
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Parking Information
Parking: 24 Parking Features: Assigned,Garage -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Terrell Middle School: Henry Scott High School: Denison Intermediate School: Mcdaniel School District: Denison ISD -
Utility Information
Utilities: Alley,Asphalt,City Sewer,City Water
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2070 N Us Hwy 69, Denison, TX, 75020 | $699,900 | -- | -- | -- | |
| 310 Ball Park Loop, Denison, TX, 75020 | $1,800,000 | 8 | 4 | 6,782 | 6,782 SqFt |
| 25 W Parnell Street, Denison, TX, 75020 | $199,000 | 3 | 2 | 1,595 | 1,595 SqFt |
| 14 Geraldine Lane, Denison, TX, 75020 | $170,000 | 3 | 2 | 1,216 | 1,216 SqFt |
| 80 Vaughn Drive, Denison, TX, 75020 | $169,000 | 3 | 2 | 1,268 | 1,268 SqFt |
| 38 Vaughn Drive, Denison, TX, 75020 | $147,500 | 2 | 1 | 957 | 957 SqFt |
| 1917 Avenue A, Denison, TX, 75020 | $310,000 | 4 | 3 | 1,700 | 1,700 SqFt |
| 43 W Parnell Street, Denison, TX, 75020 | $74,900 | 2 | 1 | 1,254 | 1,254 SqFt |
| 226 W Texas Street, Denison, TX, 75020 | $95,000 | 2 | 1 | 1,152 | 1,152 SqFt |
| 227 W Murray Street, Denison, TX, 75020 | $195,000 | 4 | 2 | 1,206 | 1,206 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 19:09
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