Exciting Investment Opportunity!

Situated conveniently across from UTA and downtown Arlingtn, this property boasts a distinctive feature: a fully renovated second-story concrete patio with stunning views of the campus. With recent upgrades including a newer roof and HVAC systems, this property has been meticulously maintained.

Each unit consists of 2 bedrooms and 1 bathroom, currently renting for $1, 250 for 2 units, $1, 150 for 1 unit and $1, 350 for 1 unit. There's potential to increase rental income with strategic rent adjustments. Don't miss out on this promising investment opportunity!

Request Information
on 308 College St
in Arlington, TX
Presented by Lingqian Zhuo at
Sunet Group.


Property MLS #20551544 from NTREIS
▶ Virtual Tour

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 8

+ Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

+ Appliances

Disposal

+ Heating and Cooling

Cooling Features: Central Air
Heating Features: Central

+ Land Info

Lot Size Acres: 0.181
Lot Size Square Feet: 7884

+ Garage and Parking

Parking Features: Assigned, Attached Carport

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 1

+ School Information

Elementary School: Swift
High School: Arlington
School District: Arlington ISD
+ Display Complete School Details

Arlington High School is a public high school located approximately 1 miles away.
Map directions

Swift Elementary School is a public elementary school located approximately 1.3 miles away.
Map directions

Bailey J High School is a public middle school located approximately 2.4 miles away.
Map directions

Trinity Lyceum is a private elementary, middle and high school located approximately 0.1 miles away.
Map directions

+ Rental Info

Gross Income: 58800.00

+ Other Property Info

Source Listing Status: Active
County: Tarrant
Directions: google map
Source Property Type: Residential Income
Insurance Expense: 3647
Source Neighborhood: Lampe George Add
Parcel Number: 01581767
Postal Code Plus 4: 1032
Subdivision: Lampe George Add
Property Subtype: Quadruplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$480,415 + $31,500 $511,915	$13,550
2021	$363,472 + $31,500 $394,972	$10,759
2020	$240,000 + $20,000 $260,000	$7,171
2019	$295,519 + $20,000 $315,519	$8,428
2018	$200,000 + $20,000 $220,000	$6,067
2017	$200,000 + $20,000 $220,000	$6,109
2016	$183,694 + $20,000 $203,694	$5,747
2015	$160,450 + $15,750 $176,200	$5,043
2014	$160,450 + $15,750 $176,200	$4,911
2013	$160,450 + $15,750 $176,200	$4,813
2012	$160,050 + $15,750 $175,800	$4,816
2011	$160,050 + $15,750 $175,800	$4,557
2010	$160,950 + $15,750 $176,700	$4,616
2009	$174,750 + $15,750 $190,500	$4,856
2008	$174,750 + $15,750 $190,500	$4,857
2007	$174,750 + $15,750 $190,500	$4,881

+ Reveal Property Sale History

Listed 2024-03-04
$850,000
NTREIS

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Listing removed 2024-01-12
$1,250
NTREIS

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Listed for rent 2023-12-05
$1,250
NTREIS

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Listing removed 2023-02-02
$0
NTREIS

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Listed for rent 2022-09-03
$1,250
NTREIS

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Listing removed 2022-07-30
$1,150
NTREIS

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Listed for rent 2021-11-16
$1,150
NTREIS

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Listing removed 2021-11-01
$1,150
NTREIS

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Price Changed for rent 2021-06-12
$1,150
NTREIS

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Listed for rent 2021-05-20
$1,250
NTREIS

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Sold 2020-09-25
$0
NTREIS

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Listed 2020-07-01
$575,000
NTREIS

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Sold 2019-05-13
$0
Public Record

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Sold 2002-10-10
$0
Public Record

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Sold 2000-07-24
$0
Public Record

+ Commercial Info

Net Operating Income: 38000

+ Building and Construction

Year Built: 1963
Building Area Total: 3648
Construction Materials: Construction: Brick
Foundation Details: Slab
Levels: Two
Property Age: 61
Roof: Composition
Year Built Details: Preowned

+ Utilities

Utilities: City Sewer, City Water