Description

We are offering a four-unit residential investment at 6739 N 61st Avenue in Glendale, Arizona. Priced at $675,000, the property combines a single-family residence at the front of the parcel with a three-unit building at the rear, creating two distinct housing formats within one investment.

All four units are single-story, two-bedroom residences with washer and dryer hookups, functional floor plans and private rear patios. The property contains approximately 2,875 square feet on 0.21 acres and was originally constructed in 1920, with renovations completed in 2016. On-site parking supports residents of both buildings.

The property currently generates approximately $4,335 per month in gross rental income. The triplex units average about $1,030 per month, while the front residence rents for approximately $1,250 per month. Current market comparisons indicate potential room for rent growth, subject to unit condition, lease terms and market demand. Reported net operating income is $36,520.

The location is minutes from Historic Downtown Glendale, including Murphy Park, restaurants, shops and community destinations. Access to Loop 101, Interstate 17 and other regional routes connects the property with employment and entertainment centers across the West Valley. The property is identified as APN 144-10-159 and is zoned M-M.