ORCHARD ADD BLK 20-21-22 38-39-40 AMD
Property • Multiple Dwellings
Web ID # 7023263
$675,000.00
0 Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
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.
Dwelling Type: Multiple Dwellings
Subdivision: ORCHARD ADD BLK 20-21-22 38-39-40 AMD
Year Built: 1973, County: US
Listing is courtesy of Orion Investment Real Estate
