6739 N 61st Ave - Multi-Family FOR SALE


Glendale, AZ 85301- Westside
$675,000 USD
505-980-3726
6739 N 61st Ave, Glendale, AZ for Sale
$675,000 USD
Multi-Family - FOR SALE
1/5
null | Request Cap Rate

6739 N 61st Ave
Glendale, AZ 85301
Westside


OVERVIEW

Positioned just minutes from the heart of Historic Downtown Glendale, this well-located four-unit property offers a compelling blend of immediate cash f low and clear upside potential in one of the West Valley’s most character-rich submarkets. The asset features a unique layout with a single-family home positioned at the front of the property and a well-balanced triplex in the rear, creating a diversified income stream that appeals to a broad tenant base. All units are single-story with washer and dryer hookups, functional floorplans, and private rear patios, enhancing longterm tenant retention and livability. Currently, the property is generating $4,335/month in gross income, with triplex units averaging approximately $1,030 for 2-bedroom units and the front house achieving $1,250/month. Based on current market conditions and comparable rentals in the immediate area, there is a clear path to rental growth, with projected rents of $1,200–$1,250 for the triplex units and $1,300–$1,375 for the single-family home, offering investors a strong opportunity to organically increase NOI.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$235 USD /SF

# OF UNITS

4

PRICE/UNIT

$168,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,978 SF

ZONING

-

APN/PARCEL ID

144-10-159

ASK ABOUT THIS PROPERTY

Cody LeslieORION Investment Real EstateMore Info
505-980-3726

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Cody LeslieORION Investment Real EstateMore Info
505-980-3726

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.