Denison Quadplex with Updated
617 W Gandy Street, Denison, TX 75020
- Added:
- Apr 2, 2026
- Days on Market:
- 50
- Last Refresh:
- May 21 at 6:06 pm
Property Features for 617 W Gandy Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 4
- Parking features
- On Street
- Appliances
- Range, Range - Gas, Refrigerator
- Standard status
- Active
- APN
- 142943
- Lot size
- 0.17 Acres
Utilities
- Heating system
- Central, Space Heater
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1890
- Floors in Building
- 2
- Flooring type
- Laminate
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Colin Rosenthal License #0540061 (972) 625-2612
Listing office DFW Metro Housing 535 E Highway 121, The Colony, TX (972) 625-2612
Listing date Apr 2, 2026
MLS# 21227047
Listing URL
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.
HighLights
- Income‑generating property bringing in $3800 monthly, with approximately $775 net income monthly (7.75% Cap Rate).
- Owner financing available at 8.5% interest over 30 years with 25% down.
- All units renovated within the last 4 years, including updated bathrooms with showers.
- Foundation and front porch recently fully replaced with warranty.
- Plumbing and electrical systems are up to date.
- Unit 3 features central air conditioning and a gas heater.
Overview
This four-unit property is located in Denison, Texas. Unit 1 is a downstairs two-bedroom, one-bathroom unit. Unit 2, also downstairs, features one bedroom and one bathroom. Upstairs, Unit 3 offers two bedrooms and two bathrooms and includes central air and a gas heater. Unit 4, located upstairs, has one bedroom and one bathroom. All units have been renovated within the past four years, with updated bathrooms featuring showers. The plumbing and electrical systems are up to date. While Unit 3 has central air conditioning, the other units are equipped with window units and space heaters. All units have current leases. Recent improvements include a fully replaced front porch and foundation with beams and piers, which come with a warranty. The roof is approximately six years old. The property is situated on a 0.172-acre lot. The total monthly income is $3800, with a net income of approximately $775 per month, resulting in a cap rate of 7.75%. Please note that the pictures are 1-2 years old and are just to show the renovation of each unit in the past 4 years.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Denison
- County
- Grayson
- State
- Texas
- Longitude
- -96.543821
- Latitude
- 33.757962
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Renovated four-unit property in Denison, all units currently leased.
Where is this quadplex located?
The property is located at 617 W Gandy Street Denison, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Income‑generating property bringing in $3800 monthly, with approximately $775 net income monthly (7.75% Cap Rate).; Owner financing available at 8.5% interest over 30 years with 25% down.; All units renovated within the last 4 years, including updated bathrooms with showers.
