Viewing Listing MLS# 7023263
$675,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Glendale, AZ 85301
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1973Year Built
- 0.00Acres
- 53 yearsEst Age
- MLS# 7023263
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market1 month, 12 days
- AreaN/A
- CountyMaricopa
- Subdivision Orchard Add Blk 20-21-22, & 38-39-40 Amd
Overview
Positioned minutes from Historic Downtown Glendale, this four-unit property offers strong in-place cash flow with clear upside in a character-rich submarket. The asset features a front single-family home and rear triplex, creating a diversified income stream. All units are single-story with washer/dryer hookups, functional layouts, and private patios, supporting tenant retention.Current gross income is $4,335/month, with triplex units averaging ~$1,030 and the front home at $1,250. Market comps support rent growth to $1,200-$1,250 (triplex) and $1,300-$1,375 (house), providing a clear path to increased NOI.Located near Downtown Glendale, Murphy Park, and Westgate Entertainment District, the property benefits from strong tenant demand and long-term growth potential.
Agriculture / Farm
Association Fees / Info
Community Features: Other
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Painted, Stucco
Roof: Composition
Exterior Features
Financial
Owner Pays: Gas,Trash Collection,Water,Sewer,Landscaping
Garage / Parking
Parking Features: RV Access/Parking, >1 Space Per Unit, On Street
Interior Features
Flooring: Tile, Vinyl
Appliances: Refrigerator, W/D Hookup
Lot Info
Lot Size: TBD
Number of Buildings: 2
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: R-3
Tax Info
Tax Legal Description: ORCHARD ADD AMD PLAT OF BLKS 1,2,3 & 4
Tax Amount Annual: 1457
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: City Franchise
Electric: SRP
Cooling: Yes
Cool System: Central Air
Heating: Forced Air
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Listings courtesy of Orion Investment Real Estate
MLS# 6947782