6739 N 61st Avenue, Glendale, AZ 85301

$675,000

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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

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Orion Investment Real Estate.

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