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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$675,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Orchard Add Blk 20-21-22 38-39-40 Amd

MLS Listing ID 7023263

Year Built 1973

Annual Tax Amount $1,457

Tax Year 2025

Lot Dimensions TBD

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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.

Location

State AZ

County Maricopa

Community Orchard Add Blk 20-21-22 38-39-40 Amd

Area Maricopa

Zoning R-3

Interior

Heating Forced Air

Cooling Central Air

Flooring Vinyl

Appliance Refrigerator, W/D Hookup

Exterior

Parking Features RV Access/Parking, >1 Space Per Unit, On Street

Community Features Other

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 144-10-159

Acceptable Financing Other (See Remarks), Conventional, 1031 Exchange, FHA, VA Loan

Disclosures Other (See Remarks)

Listing Terms Other (See Remarks), Conventional, 1031 Exchange, FHA, VA Loan

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Listed by Orion Investment Real Estate • Cody Leslie

NEARBY SCHOOL & BUSINESS

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6739 N 61ST Avenue Glendale, AZ 85301