
$1,050,000 USD
Apartment for Sale, 1231 Morton Street, Denison, Texas 75020
- MLS#21191195
- 24
- 12
Listed By Powerstar Realty
The Apartment for Sale located at 1231 Morton Street, Denison, Texas 75020 is currently for sale. 1231 Morton Street, Denison, Texas 75020 is listed for $1,050,000. This property has 24 bedrooms, 12 bathrooms.
Property features
Property
- Features: GaragePatioPorch CoveredDecorative LightingCovered Patio
- Location: Building Or Complex Name
Lot/Land
- Land/Lot size:
0 m² (1 ft²)
Construction
- Year built: 1955
- Roofing: Composition
- Condition: Resale
- Construction: BrickSiding
- Exterior: Siding
Parking/Garage
- Parking spaces: 24
- Parking description: Assigned Space
Bedrooms
- Bedrooms: 24
Bathrooms
- Total bathrooms: 12
- Full bathrooms: 12
Interior Features
- Floors: WoodLaminateCeramic Tile
Exterior Features
- Outdoor spaces: Covered PatioPatio
- Carport spaces:
Heating and Cooling
- Heating system: Natural GasElectric
- Cooling system: Ceiling FanWindow Unit(s)ElectricCentral
Utilities
- Telecommunication: Cable AvailableBroadband Internet Access
- Other utilities: City WaterCity Sewer
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.
Location
1231 Morton Street, Denison, Texas 75020