2614 S Fannin Ave, Denison, TX 75020

$415,000
: 6
BD
: 6
BA

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List Price: $415,000
MLS#: 21347089
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 2022
Construction Status: Preowned
Bedrooms: 6
Full Baths: 6
Acres: 0.57
County: Grayson
City: Denison
Subdivision: Couch-Sims 3rd Add
Building Name: Duplex

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Property Description

Great investment opportunity in Denison! This income-producing duplex offers a functional, well-designed floor plan with 3 bedrooms and 3 full bathrooms in each unit, including a full bathroom on the first floor. Each side features a large living area, perfectly sized kitchen with stainless steel appliances and a full-size refrigerator, plus a spacious low-maintenance backyard. With 2,648 SF of combined living space, the two units are identical in layout and simply mirrored. Both units are leased at $1,350 per month, generating $2,700 in monthly rental income. Unit 2614 is leased through July 2027, while Unit 2616 is leased through October 2026, offering immediate cash flow with future flexibility. Conveniently located near Lake Texoma, shopping, dining, and Texas Instruments in Sherman, this property is well positioned for continued rental demand. Whether you’re looking to expand your investment portfolio or eventually live in one side and lease the other, this low-maintenance, income-producing duplex is an opportunity worth considering. Appraisal report available in TransactionDesk.

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