Duplex with Mirrored Three-Bedroom
New
For Sale
$415,000
2614 S Fannin Avenue, Denison, TX 75020
MULTI_FAMILY - Denison, TX
Property Size2,648 SF
Lot Size0.57 Acres
Price / SF$156.72
Days on Market2
Property Features for 2614 S Fannin Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bathroom 3, Bedroom 5, Bathroom 6, Bedroom 2, Bedroom 4, Bathroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1
Parking
4
Parking features
Driveway
Interior features
EatInKitchen, GraniteCounters, KitchenIsland, Pantry, WalkInClosets
Appliances
Dishwasher, ElectricCooktop, ElectricOven, Disposal, Microwave, Refrigerator
Subdivision
Couch-Sims 3rd Add
Elementary school
Hyde Park
Middle school
Henry Scott
High school
Denison
Elementary school district
Denison ISD
Middle school district
Denison ISD
High school district
Denison ISD
Directions
Please use GPS
Standard status
Active
APN
408914
Lot size
0.57 Acres
Taxes and HOA fees
Tax Description
COUCH SIMS THIRD ADDN REPLAT FAIRMOUNT ADDITI
Tax Annual Amount
9892
Legal Description
COUCH SIMS THIRD ADDN REPLAT FAIRMOUNT ADDITI
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
2022
Floors in Building
2
Number of units
2
Flooring type
Tile, Laminate, Carpet
Building materials
Brick, Concrete, WoodSiding
Roof type
Composition
Listing Agency:
DHS Realty
(972) 979-8413
Listed By:
Nazanin Zandi
(972) 979-8413
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 1 at 10:06PM
MLS# 21347089
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.
Investment Insights
Based on property information with market context.
This duplex was built in 2022 and is designed as two mirrored, identical units. Each side offers a functional layout with three bedrooms and three full bathrooms, including a full bathroom on the first floor. Interior features include eat-in kitchen elements with granite counters, a kitchen island, pantry space, and walk-in closets. Appliances listed include a refrigerator, dishwasher, electric cooktop, electric oven, microwave, and disposal. Both units have central electric heating and central air conditioning, and the property has a composition roof. A driveway provides off-street parking, and each unit includes a low-maintenance backyard.
The duplex totals 2,648 SF of combined living space on a 0.567-acre lot, with public water and public sewer. Both units are currently leased, with Unit 2614 leased through July 2027 and Unit 2616 leased through October 2026. The property is located at 2614 S Fannin Avenue in Denison, Texas 75020.
The duplex totals 2,648 SF of combined living space on a 0.567-acre lot, with public water and public sewer. Both units are currently leased, with Unit 2614 leased through July 2027 and Unit 2616 leased through October 2026. The property is located at 2614 S Fannin Avenue in Denison, Texas 75020.
Key Highlights
- Built in 2022
- 2,648 SF combined living space
- 0.567‑acre lot
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.7k | $12.36 |
| − Vacancy | −$3.7k | −$1.41 |
| EGI | $29.0k | $10.95 |
| − OpEx | −$8.7k | −$3.29 |
| NOI | $20.3k | $7.67 |
2,648 SF · lease $12.36/SF/yr · vacancy 11.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.0K
$253.7K – $338.3K
NOI $20,299 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$257.1K
$224.9K – $299.9K
NOI $17,994 @ 7.0% cap · market cap 4.34%
Theoretical Best
Hotel Hospitality
$1.36M
$1.19M – $1.58M
NOI $95,090 @ 7.0% cap · market cap 22.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 75020, TX
23,782
Population
10,802
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
390
Density / Sq Mi
$66,308
Median Household Income
$38,656
Median Earnings
$1,136
Median Rent
$187,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex built in 2022 with identical mirrored units, each featuring three bedrooms and three full bathrooms.
Where is this duplex located?
The property is located at 2614 S Fannin Avenue Denison, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Built in 2022; 2,648 SF combined living space; 0.567‑acre lot
