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

School Information

  • School
  • Terrell(Elementary)

Property

  • propertytype: Residential Multi Family
  • 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
  • listagentemail: gansanrealty@gmail.com
  • listagentkey: 3yd-NTREIS-0712705
  • listagentmlsid: 0712705
  • listagentpreferredphone: 8556593400
  • listagentofficephone: 8556593400
  • listofficekey: 3yd-NTREIS-HFNT01
  • listagentstatelicense: 0712705
  • 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
  • appliances: Dishwasher, Garbage Disposer, Microwave, Range, Range - Gas, Refrigerator, Washer
  • cooling: Ceiling Fan(s), Central Air, Electric, Multi Units, Window Unit(s)
  • constructionmaterials: Brick
  • flooring: Laminate, Tile, Tile - Ceramic, Wood
  • heating: Electric (Heating), Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 24
  • parkingfeatures: Assigned, Garage
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Cable Tv Available, Decorative Lighting, High Speed Internet Available
  • exteriorfeatures: Covered Patio/Porch
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • utilities: Cable Available
  • patioandporchfeatures: Patio, Porch
  • 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, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gansanrealty@gmail.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":"4112 53 ave E", "ListOfficeAddress2":"Suite 20156", "ListOfficeBrokerMlsId":"0550070", "ListOfficeCity":"Bradenton", "ListOfficeCountry":"US", "ListOfficeEmail":"hfuentes@pwrstar.com", "ListOfficePostalCode":"34203", "ListOfficeStateOrProvince":"FL", "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":"2026-03-05T09:10:22Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/6/2026 2:37:55 AM GMT
Source Updated Date: 3/30/2026 7:00:52 PM GMT

Courtesy of: Prasanthi Morusupalli, Powerstar Realty, gansanrealty@gmail.com

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.