7117 N 54th Avenue, Glendale, AZ 85301
$1,298,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,298,000
Last Modified:
4/29/2025
Description
Opportunity knocks in Glendale! This 6-unit multifamily features spacious 2-bed, 1-bath units (~850 SF each) with strong cash flow and tons of upside. With a little TLC, there's big value to unlock. Located near major employers, schools, and Westgate—this is prime positioning in a hot rental market.
Cash flow now. Add value later. Win both ways.
More Information MLS# 6858461
Contract Info
Current Price: $1,298,000
List Price: $1,298,000
Status: Active
List Date: 2025-04-25
Ownership: Fee Simple
Location Tax Legal
House Number: 7117
Compass: N
Street Name: 54th
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 2656
Country: US
County Code: Maricopa
Subdivision: PARK PLACE BLKS 1,3,4
Assessor Number: 147-17-046
Tax Year: 2024
General Property Description
Lot Size Dimensions: 150 ft x 145 ft
Year Built: 1919
Uncvrd Parking Spcs: 10
Total # of Units: 6
# of Buildings: 2
Zoning: R-3
Remarks Misc
Cross Street: 51st ave and glendale
Directions: From downtown Phoenix, head west on I-10, then north on I-17. Exit at Bethany Home Road and head west. Continue past 59th Avenue — property will be near the central Glendale corridor.
Geo Lat: 33.540371
Geo Lon: -112.17427
Status Change Info
Status Change Date: 2025-04-28
Legal Info
Township: 2N
Range: 2E
Section: 5
Block: 2
Lot Number: 14
Income Expenses
Gross Annual Sch Inc: 86000
Net Operating Income: 57000
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 1250
Avg SqFt: 850
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: No Pool
Appliances Included: Refrigerator; Dishwasher
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: See Remarks
Owner Pays: Landscaping; Other
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner; Other (See Remarks)
Lockbox Type: Mech-box / Combo
New Financing: Cash; Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: AXIS Real Estate
Last Updated: April - 29 - 2025
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