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FANTASTIC LOCATION! Cash cow with long term tenants. Located within walking distance to Historic Glendale shopping and restaurant fare. Minutes on Grand Ave puts you in downtown Phoenix. Close to all Westgate amenities and spring training venues. Studio units sustainably developed with tile counter tops, tiled showers, tiled floors, with very little to replace. Each unit features a private courtyard patio. Units separately metered for APS. Some deferred maintenance is necessary which is reflected in the price. Property is eligible for 1031 exchange. Includes 111-10-074 & 111-10-077

7051471 MLS ⋅ 85301 Zip Code

FANTASTIC LOCATION! Cash cow with long term tenants. Located within walking distance to Historic Glendale shopping and restaurant fare. Minutes on Grand Ave puts you in downtown Phoenix. Close to all Westgate amenities and spring training venues. Studio units sustainably developed with tile counter tops, tiled showers, tiled floors, with very little to replace. Each unit features a private courtyard patio. Units separately metered for APS. Some deferred maintenance is necessary which is reflected in the price. Property is eligible for 1031 exchange. Includes 111-10-074 & 111-10-077

5911 W Lamar Road Unit 1, Glendale

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.

7023263 MLS ⋅ 85301 Zip Code

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.

6739 N 61st Avenue, Glendale

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