Date
Details
Price
Change
Source
3/03/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$1,050,000 Just Listed
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1/19
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.
Full Property Details
Full Property Details for 1231 W Morton St #1231
General
- Price: $1,050,000
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21191195
- Updated: 3/3/2026
- Added to Site: Today
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV
- Appliances: Dishwasher, Electric Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
- Flooring: Ceramic Tile, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Bedrooms
- Total Bedrooms: 24
Exterior
- Porch/Patio/Deck: Patio, Covered
Parking
- Garage: Yes
- Total Spaces: 24
- Parking Features: Assigned, Garage
Location
- County: Grayson
- Subdivision: Millers 2nd Add
- Driving Directions: From 75 North, turn right on Morton St, property located on the left.
School Information
- Elem School District: Denison ISD
- Midd School District: Denison ISD
- High School District: Denison ISD
- Elementary School: Terrell
- Middle School: Henry Scott
- High School: Denison
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Window Unit(s)
- Heating Type: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- # Buildings: 6
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 13,920
- Sq. Ft. Source: Assessor
- Year Built: 1955
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Features: Acreage
Financial Considerations
- Terms: Cash, 1031 Exchange
Disclosures and Reports
- Legal Description: MILLERS 2ND ADDN, BLOCK 31, LOT 10 THRU 14
- Property ID: 141548
- Block: 31
- Lot Number: 10
Listed by Powerstar Realty, Prasanthi Morusupalli
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Listing agent
— 1231 W Morton St #1231 —
Prasanthi Morusupalli
Powerstar Realty
855-659-3400
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1231 W Morton St #1231
School District:Denison Independent School District
| Name | Grades | Distance |
|---|---|---|
Terrell Elementary School 230 Martin Luther King Street, Denison, TX 75020 | PK-4 | 1 mi |
Henry Scott Middle 1901 South Mirick Avenue, Denison, TX 75020 | 7-8 | 1.7 mi |
Denison High School 4200 Texas 91, Denison, TX 75020 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1231 W Morton St #1231
Estimate the Cost
Estimate the Cost for 1231 W Morton St #1231
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1231 W Morton Street #1231, Denison, TX 75020 (MLS# 21191195) is a Apartment property with 24 bedrooms and 12 full bathrooms. 1231 W Morton Street #1231 is currently listed for $1,050,000 and was received on March 03, 2026. Want to learn more about 1231 W Morton Street #1231? Do you have questions about finding other Apartment real estate for sale in Denison? You can browse all Denison real estate or contact a Coldwell Banker agent to request more information.