2307 Monte Carlo Drive Arlington, TX 76015
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Olympia Park
MLS Listing ID 21072094
Bedrooms 4
Full Baths 2
HOA Y/N None
Total Fin. Sqft 2310
Year Built 1981
Annual Tax Amount $7,803
Lot Size 7,884 Sqft
Acres 0.181
Property Sub-Type Duplex
Property Description
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, 2-bathroom units, 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.
Location
State TX
County Tarrant
Direction from 30 take Cooper south to Arkansas and turn right. turn left on to Monte Carlo
Interior
Interior Features Other
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Vinyl
Appliance Electric Range
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Garage No
Building
Story One
Foundation Stone
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Short
High Schools Arlington
School District Arlington Isd
Others
Ownership Han
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