# 1231 W Morton Street, Denison, TX 75020

> **TL;DR:** 24bd/12ba multi-family, $1,050,000, built 1955. Est. $4,550/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,050,000 |
| Bedrooms | 24 |
| Bathrooms | 12 full |
| Year Built | 1955 |
| Lot Size | 43,560 sqft (1.00 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,550 |
| **Total** | **$4,550** |

## Nearby Schools

- **Elementary:** Terrell

## Property Highlights

- Built in 1955
- 1.00 acre lot
- 2 stories
- 24 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 1231 W Morton Street, Denison, TX 75020
- **County:** Grayson
- **Neighborhood:** Millers 2nd Add
- **Coordinates:** 33.760308, -96.553528
- **Google Maps:** https://www.google.com/maps?q=33.760308,-96.553528

## Listing Agent

- **Name:** Prasanthi Morusupalli
- **Brokerage:** Powerstar Realty
- **Phone:** 8556593400
- **Email:** gansanrealty@gmail.com

## Primary Photo

![1231 W Morton Street - Primary Photo](http://lh.rdcpix.com/e493e50fab43714dc92245bde04c97d2l-f127686622r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/1231-w-morton-street-denison-tx-75020-21191195)*

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**MLS#:** 21191195 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1231-w-morton-street-denison-tx-75020-21191195)

---

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