Shelby Milam
BEDS24
BATHS12 full
MLS#21191195
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMillers 2nd Add
SCHOOLDenison ISD
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
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric, Window Unit(s)
Heating: Electric, Natural Gas
Lot Size: 1.00 Acres
Roof Type: Composition
Year Built: 1955
Amenities
Cable TV Available
Decorative Lighting
High Speed Internet Available
Covered Patio/Porch
Feature Descriptions
Appliances: Dishwasher, Disposal, Electric Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Days on Site: 23
Exterior: Brick, Siding
Flooring: Ceramic Tile, Laminate, Wood
Lot: Acreage
Parcel#: 141548
Parking: Assigned, Garage
Parking Notes: Assigned, Garage
Patio/Porch: Covered, Patio
Units: 12
Utilities: Alley, Asphalt, City Sewer, City Water
Local Schools
Elementary School: Terrell
School District: Denison ISD
Listed By / Shown By
Listed By
Agency Name: Powerstar Realty
Agency Contact: 855-659-3400
Agent Name: Prasanthi Morusupalli
Shown By
Agent Name: Shelby Milam
Agent Phone: (254) 366-9606
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 2,643.09 per month $2,336.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $306.25 Homeowner's InsuranceChange Payment Information
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1231 W Morton Street, Unit 1231 | MLS# 21191195
This multi-family property located at 1231 W Morton Street, Unit 1231, Denison, TX 75020 is currently listed for sale with an asking price of $1,050,000. W Morton Street, Unit 1231 is located within the Denison ISD school district. Search Denison real estate on shelbymilam.kellyrealtors.com today.