Four-Unit Residential Conversion
New
For Sale
$199,000
406 W Morgan Street, Denison, TX 75020
ResidentialIncome, Denison, TX
Property Size3,640 SF
Lot Size0.34 Acres
Price / SF$54.67
Days on Market3
Property Features for 406 W Morgan Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
6
Parking features
Driveway
Subdivision
OTP Denison
Middle school
Henry Scott,Mcdaniel
High school
Denison
Elementary school district
Denison ISD
Middle school district
Denison ISD
High school district
Denison ISD
Directions
Use GPS to 406 W Morgan Street, Denison, TX 75020. Property fronts West Morgan Street; rear alley access is shown on the survey.
Standard status
Active
APN
459583
Size
3,640 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
OTP DENISON BLK 72 REPLAT LT 2 & 3, BLOCK 72,
Tax Annual Amount
3862
Legal Description
OTP DENISON BLK 72 REPLAT LT 2 & 3, BLOCK 72,
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Number of units
4
Building materials
Brick, MetalSiding
Roof type
Metal
Listing Agency:
Texas Ally Real Estate Group
(512) 763-2559
Listed By:
Nir Sheinbein · License #0795672
(858) 539-5219
Added: Sep 24
Changed: Sep 25
Last Checked: Sep 26 at 9:06AM
MLS# 21394114
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.
The 3,640-square-foot building is an unfinished renovation project, with the interior taken down to the studs. Plans for a four-unit residential conversion and required permits are reported approved; the property is not a completed or rentable fourplex. Any proposed finishes remain subject to construction, and final results may vary.
Set on a 0.344-acre parcel, the 1980-built structure has brick and metal siding, a metal roof, driveway parking, public water, and public sewer. Completion and occupancy requirements, including permit validity and transfer, should be confirmed independently.
Set on a 0.344-acre parcel, the 1980-built structure has brick and metal siding, a metal roof, driveway parking, public water, and public sewer. Completion and occupancy requirements, including permit validity and transfer, should be confirmed independently.
Key Highlights
- Plans and required permits for a four‑unit residential conversion are reported approved
- Interior is taken down to the studs; property is an unfinished renovation, not a rentable fourplex
- 3,640‑square‑foot building on a 0.344‑acre parcel
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
924
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - An unfinished renovation project is planned for conversion into four residential units.
Where is this quadplex located?
The property is located at 406 W Morgan Street Denison, TX.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Plans and required permits for a four‑unit residential conversion are reported approved; Interior is taken down to the studs; property is an unfinished renovation, not a rentable fourplex; 3,640‑square‑foot building on a 0.344‑acre parcel
