TX
Grayson
Denison
75020
1231 W Morton Street 1231
1231 W Morton Street 1231, Denison, TX 75020
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Listing Type
Condo/Townhome
Listing Status
Active
19
$1,050,000

Home Details for 1231 W Morton Street 1231

Price
$1,050,000
Type
Residential Income
Bedrooms
24
Bathrooms
12.0
Square feet
NaN
Year built
1955
Lot size acres
1
County
Grayson
Garage
Days on site
0
MLS Listing#
21191195
Property 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.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
    • Window Unit(s)
  • Heating Information
    • Electric
    • Natural Gas
  • Parking
    • Assigned
    • Garage
  • Water Features
    • Public
  • House Interior
    • High Speed Internet
  • Utilities
    • Cable Available
School Information
School Information for 1231 W Morton Street 1231, Denison, TX 75020
Elementary School
Terrell
Middle School
Henry Scott
High School
Denison
Listing Courtesy: Powerstar Realty - 855-659-3400
Presented by: Prasanthi Morusupalli
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-03-05 10:00:49
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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