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Renovated Quadplex Income Property

617 W Gandy Street Denison, TX 75020

617 W Gandy Street, Denison, TX, 75020
$399,000
Pending
For Sale
$399,000
Pending

MULTI_FAMILY - Denison, TX

Lot Size0.17 Acres
Days on Market24

Property Features for 617 W Gandy Street

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
5
Rooms
Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 4
Parking
4
Parking features
On Street
Appliances
GasRange, Refrigerator
Standard status
Pending
APN
142943
Lot size
0.17 Acres

Taxes and HOA fees

Tax Description
MILLERS 1ST ADDN, BLOCK 10, LOT 10, ACRES .17
Tax Annual Amount
3658

Utilities

Sewer type
Public Sewer
Heating system
Space Heater, Central
Cooling system
Central Air, Window Unit(s)
Water source
Public

Building Details

Year built
1890
Floors in Building
2
Number of units
4
Flooring type
Laminate
Building materials
VinylSiding
Roof type
Composition
Listing agency DFW Metro Housing
Listed by Colin Rosenthal · License #0540061
Added: Jun 29 Updated: Jul 17 at 1:45PM Checked: Jul 22 at 1:06PM
MLS# 21227047

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 renovated quadplex offers four separate, leased units with updates completed within the past four years. All bathrooms have been updated and feature showers, and the plumbing and electrical are reported as up to date. Unit mix includes two downstairs two-bedroom, one-bath layouts, along with two upstairs one-bedroom and two-bedroom units. One upstairs two-bedroom unit is equipped with central air conditioning and a gas heater, while the remaining units use window units and/or space heaters. Each unit has a current lease.

The property also has recent exterior and structural improvements. The front porch and foundation have been fully replaced, including beams and piers, with a warranty provided. The roof is approximately six years old. The asset is located at 617 W Gandy Street in Denison, Texas (Grayson County).

For investors or owner-users seeking rental income with minimized near-term capex based on the reported renovations, this quadplex provides a straightforward, turn-key setup with in-place leases and updated interior systems. Seller financing is available through the owner at 8.5% interest over 30 years with a minimum 25% down payment.

Key Highlights

  • 4‑unit property with all units having current leases and renovated within the past 4 years
  • Unit mix: two 2BR/1BA ($1,000 & $1,100 PM) and two 1BR/1BA ($850 & $850 PM) for total income of $3,800/month
  • Plumbing and electrical reported up to date; all bathrooms updated with showers

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four fully renovated rental units with current leases, updated plumbing and electrical, and recent foundation repairs with warranty.
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: 4‑unit property with all units having current leases and renovated within the past 4 years; Unit mix: two 2BR/1BA ($1,000 & $1,100 PM) and two 1BR/1BA ($850 & $850 PM) for total income of $3,800/month; Plumbing and electrical reported up to date; all bathrooms updated with showers
Contact an agent
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