2207 N Elm St Denton, TX 76201

2207 N Elm St is an attractive 1930's stacked triplex with two ground-floor units and one rear, overlapping, upper-level unit on an extra large lot in the heart of Denton, just blocks from Texas Woman's University and minutes to Downtown Denton Square. Each of the three 1BR 1BA units offers an average of 655 SF (per owner provided rent roll), with plenty of upside for a buyer looking to renovate and boost income potential. One tenant currently pays $35 month for utility reimbursement. New owner could have the other two tenants reimburse as well once leases roll over. Includes front and rear outdoor areas with a covered front porch and an elevated back deck and wooden fenced backyard. There is also a large empty lot behind the buildilng for potentially adding more units but would need confirmed with the City. The property's location and unit configuration make it attractive to students and professionals alike. As of Fall 2024, Texas Woman's University had a total enrollment of 16,338 students. Regarding faculty and staff, TWU employs approximately 4,146 individuals as of the 2023-2024 academic year. This substantial campus population contributes to a steady demand for nearby housing, particularly for properties like this one which is within walking distance of TWU. The property is zoned R7 which supports a variety of residential uses, including triplexes, which aligns with the current configuration. While some commercial uses are permitted, they often require additional approvals to ensure they fit within the neighborhood context. Short-term rentals are also an option, provided they meet the city's regulatory requirements.