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1231 W Morton Street 1231
Denison TX 75020 US

$1,050,000

Active Listing ID 21191195
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24 bed
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12.00 Bath (12 Full)
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Lot: 1.00 Acres
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Apartment

$1,050,000

Active Listing ID 21191195
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1231 W Morton Street 1231 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.

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Property Features

  • Facts
  • Lot Size: 1.00 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 12
  • Cooling System: Central Air, Electric, Ceiling Fan(s), Window Unit(s)
  • Exterior Finish: Covered Patio/Porch
  • Floor Covering: Laminate, Wood, Tile
  • Roof Type: Composition
  • Heating Fuels: Natural Gas, Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Terrell(Elementary)
  • Henry Scott(MiddleSchool)
  • Denison(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 1050000
  • unparsedaddress: 1231 W Morton Street
  • unitnumber: 1231
  • postalcity: Denison
  • stateorprovince: TX
  • country: US
  • postalcode: 75020
  • bathroomsfull: 12
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1
  • lotsizeunits: Acres
  • lotsizearea: 1
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.760308
  • longitude: -96.553528
  • listagentfullname: Prasanthi Morusupalli
  • listagentkey: 3yd-NTREIS-0712705
  • listagentmlsid: 0712705
  • listagentpreferredphone: (800) 952-8988
  • listofficekey: 3yd-NTREIS-HFNT01
  • listofficemlsid: HFNT01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1955
  • countyorparish: Grayson
  • parcelnumber: 141548
  • elementaryschool: Terrell
  • highschool: Denison
  • elementaryschooldistrict: Denison ISD
  • middleorjuniorschooldistrict: Denison ISD
  • highschooldistrict: Denison ISD
  • appliances: Dishwasher, ElectricRange, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator, Washer
  • cooling: Window Unit(s), Ceiling Fan(s), Central Air, Electric
  • constructionmaterials: Brick
  • flooring: Tile, Wood, Laminate
  • heating: Natural Gas, Electric (Heating)
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 24
  • parkingfeatures: Garage, Assigned
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: DecorativeDesignerLightingFixtures, HighSpeedInternet, CableTv
  • rooms: Bedroom 3, Bedroom 21, Bedroom 7, Bedroom 18, Bedroom 16, Bedroom 24, Bedroom 1, Bathroom 5, Bedroom 14, Bedroom 17, Bathroom 1, Bedroom 9, Bedroom 11, Bedroom 13, Bedroom 15, Bedroom 22, Bathroom 2, Bedroom 5, Bedroom 23, Bathroom 7, Bedroom 8, Bedroom 10, Bathroom 3, Bathroom 6, Bathroom 4, Bedroom 2, Bathroom 9, Bathroom 10, Bathroom 11, Bedroom 20, Bedroom 4, Bedroom 19, Bathroom 12, Bathroom 8, Bedroom 6, Bedroom 12
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.55353, 33.760307
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Powerstar Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"hfuentes@pwrstar.com", "ListBrokerageCity":"Keller", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Powerstar Realty", "ListBrokeragePhone":"(800) 952-8988", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"Po Box 1775", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"HFNT01", "ListOfficeCity":"Keller", "ListOfficeCountry":"US", "ListOfficeEmail":"hfuentes@pwrstar.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Denison, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1231-W-Morton-St_Denison_TX_75020_M96420-75465?f=listhub&s=NTREIS&m=21191195&c=rexren", "MLSModificationTimestamp":"2026-03-05 15:11:23", "Neighborhoods":[{"Description":null, "Name":"Millers 2nd Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"MILLERS 2ND ADDN, BLOCK 31, LOT 10 THRU 14", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/10/2026 3:57:39 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Prasanthi Morusupalli, Powerstar Realty

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.