2307 MONTE CARLO DRIVE, ARLINGTON, TX 76015
Homes for sale in Arlington.
Homes for sale in 76015.
List Price$375,000
2307 Monte Carlo Drive
Arlington, TX 76015
Listing #21072094
4
Bedrooms
2 full
Bathrooms
2,310
Square Feet
2
Number of Units
Multi-Unit Residential
Type
About This Property
Fully Leased Duplex in Central Arlington -- Turnkey Investment Opportunity Excellent investment property in a prime Arlington location, just minutes from schools, shopping, dining, and quick access to I-20. This well-maintained brick duplex, built in 1981, offers two spacious 2-bedroom, 1 bathroom units with an extra vanity for the master, each approximately 1,155 square feet Both sides are currently leased, which makes this a ready-to-go income property. Unit A is on a month-to-month lease at $1,175 per month, and Unit B is leased at $1,325 per month through December 31, 2025. After that, it converts to a month-to-month agreement, giving flexibility for future rent adjustments or new leases. Recent updates provide peace of mind for the next owner, including a NEW ROOF in September 2025, an HVAC system in Unit A installed in September 2023, an air handler in Unit B replaced in January 2025, a new dishwasher installed in June 2023, and a new electric range in Unit A in August 2021. Each unit features carpeted bedrooms and wood-look vinyl flooring throughout the main living areas. The primary bedrooms include walk-in closets and a convenient vanity with extra counter space and storage. Tenants enjoy two dedicated parking spaces per unit, for a total of four spaces, and each unit is separately metered for utilities. With solid rental history, quality recent upgrades, and a strong location, this duplex is an excellent opportunity for investors who want a stable, income-producing property in a desirable area of Arlington.
Property Features
Location Information
County
Tarrant
Subdivision
Olympia Park
Interior Features
Interior
Other
Cooling
Central Air, Electric
Full Baths
2
Floors
Carpet, Vinyl
Has Fireplace
No
Appliances
Electric Range
Number of Fireplaces
0
Total Number of Units
2
Heating
Central, Electric
Exterior Features
Stories
1
Pool Description
None
Construction
Brick
Lot Size in Acres
0.181
Foundation
Stone
Lot Size in Sq. Ft.
7,884
Roof
Composition
Buildings
1
Parking Description
Driveway
Building Total Area (Sq. Ft.)
2,310
Garage Spaces
0
Is One Story
Yes
School
Elementary School District
Arlington ISD
High School
Arlington
Elementary School
Short
Additional Information
Year Built Details
Preowned
Status
Closed
Property Type
RI
Has a Home Owners Association
No
Property SubType
Duplex
Tax Annual Amount
7803.0
Year Built
1981
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Schools
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