6739 N 61st Avenue, Glendale, AZ 85301
- $675,000
- List Price
- $675,000
- Days on Market
- 84
- Status
- ACTIVE
- MLS#
- 7023263
- City
- Glendale
- Subdivision
- Orchard Add Blk 20-21-22 38-39-40 Amd
- Year Built
- 1973
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
- Community Features
- Other
- Construction
- Wood Frame, Painted, Stucco
- Cooling
- Central Air
- Electric
- SRP
- Heating
- Forced Air
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, Other (See Remarks), Cash
- Parking Features
- On Street, >1 Space Per Unit, RV Access/Parking
- Roofing
- Composition
- Subdivision
- Orchard Add Blk 20-21-22 38-39-40 Amd
- Taxes
- $1,457
- Tax Year
- 2025
- Tenant Pays
- Electricity
- Units
- 4
- Water
- City Franchise
- Zoning
- R-3
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Listing courtesy of 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.