6739 N 61st Avenue, Glendale, AZ 85301

$675,000

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List Price
$675,000
Status
ACTIVE
Days on Market
104
MLS#
7023263
Subtype
Multiple Dwellings
Year Built
1973
Subdivision
Orchard Add Blk 20-21-22 38-39-40 Amd

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.

Additional Information

Taxes
$1,457
Zoning
R-3
Heating
Forced Air
Air Conditioning
Central Air
Exterior Construction
Wood Frame, Painted, Stucco
Parking Features
On Street, >1 Space Per Unit, RV Access/Parking

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Cody Leslie (505-980-3726) from Listing Office: Orion Investment Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.