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.
Listed By
Agency Name: Orion Investment Real Estate
Agency Phone: 480-634-6934
Shown By
Agent Name: Gerald Lang
Agent Phone: (480) 510-2408
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 1,820.55 per month $1,502.26 Principal & Interest $121.42 Property Tax $196.88 Homeowner's Insurance
6739 N 61st Avenue | MLS# 7023263
This multi-family property located at 6739 N 61st Avenue, Glendale, AZ 85301 is currently listed for sale with an asking price of $675,000. N 61st Avenue is located within the Glendale Union High School District school district. Search Glendale real estate on www.bestofarizonarealestate.com today.