2322 Summer Place Dr, Arlington, TX 76014

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List Price
$515,000
MLS#
21403433
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1984
Construction Status
Preowned
Bedrooms
4
Full Baths
2
Acres
0.07
County
Tarrant
City
Arlington
Subdivision
Summer Place Twnhms Add
Building Name
Summer Place Twnhms

Property Description

Excellent Investment Opportunity – Entire Duplex for Sale 2320 & 2322 Summer Place Dr, Arlington, TX 76014 Excellent opportunity to own an income-producing duplex in Arlington with both units included in the sale. The property offers approximately 2,268 sq. ft. of total living space and provides a unique advantage: each unit has its own separate deed, tax record, electric meter, and water meter, giving the future owner exceptional flexibility. Both units feature similar floor plans with 2 bedrooms, 2 full bathrooms, spacious living areas with fireplaces, and covered parking for 2 vehicles per unit. Each residence also includes its own private, fully fenced backyard, providing comfortable and secluded outdoor space. Unit 2322 received a new AC condenser and coil in April 2026. The property has no HOA. Both units are currently leased and generate a combined $3,250 per month ($39,000 annually) in rental income, with tenants responsible for all utilities. Long-term tenants—approximately 5 years and 2 years—provide established rental history and immediate cash flow from day one. This property offers multiple investment strategies: continue renting both units, occupy one and rent the other, or potentially keep one unit and sell the other in the future due to the separate deeds and tax records. Convenient Arlington location with access to shopping, dining, major roadways, and area attractions. Please do not disturb tenants. Showings by appointment only. Interior photos were taken prior to the current tenants' occupancy.

Additional Information

Unexempt Taxes
$4,725
Lot Size
2,962
Acres
0.07
Interior Features
Open Floor Plan, Other
Flooring
Other, Vinyl
Foundation
Other
Roof
Other
Stories
2
Pool Features
None
Parking Garage
Carport
School District
Arlington Isd
Elementary School
Goodman
Middle School
Ferguson
High School
Arlington
Possession
ClosePlus30To60Days, CloseOfEscrow, ClosePlus60To90Days

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Peter Truong from JPAR Dallas. Contact: 972-836-9295

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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