1231 W Morton Street

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0712705

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.

Property Information

Property Details

Location

Address

1231 W Morton Street

County

Grayson

City

Denison

Zip Code

75020

Subdivision

Millers 2nd Add

School District

Denison ISD

High School

Denison

Elementary School

Terrell

Interior Features

Beds and Baths

Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

13,920

Year Built

1955

Construction

Brick

Foundation

Pillar/Post/Pier

Roof

Composition

Financial

Special Conditions

Standard

1231 W Morton Street Unit 1231, Denison, TX 75020

Market Report for 75020