2307 Monte Carlo Drive
Arlington, TX, 76015 $ 375,000
Bedrooms4 Baths2.0 Monthly Estimate*
$ 2,340
for $375,000 with 4 bedrooms and 2 full baths. This home was built in 1981 on a lot size of 0.181.
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.
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FeaturesInteriorInterior Features Other
Flooring Carpet Vinyl
Total Units 2
Total Bedrooms 4
Total Baths 2
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GeneralHeating Central Electric
Complex Name Olympia Park
Cooling Central Air Electric
Utilities City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Electric Range
Number of Garage Spaces 0
School District Arlington ISD
Pool Y/N 0
Year Built 1981
Levels One
Property Subtype Duplex
Subdivision Name Olympia Park
County Tarrant
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
HOA Type None
# of Buildings 1
Full Baths 2
Status Active
Directions from 30 take Cooper south to Arkansas and turn right. turn left on to Monte Carlo
City Arlington
Elementary School Name Short
High School Arlington
Elementary School Short
Standard Status Active
Junior High School Gunn
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ExteriorWaterfront 0
Parking Features Driveway
Foundation Stone
Building Area Total 2310.00
Garage Y/N 0
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* Excluded FeaturesList ByHerman Boswell, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $2,340
- Monthly Property Taxes
- $650
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Arlington, TX
Average List Price $381,895
Percent of Sale Price 2%
About Arlington, TX 387,356 Population
17% Since 2002
$ 56,068 Median Income
34.11 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
3936536 Elementary School
3672487 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/28/2025 | $375,000 | | Listed Price |