Ground-Level Residential Income
For Sale
$185,000
5236 W PEORIA Avenue 127, Glendale, AZ 85302
Single-level unit with a fireplace, private primary bathroom, covered patio, and access to a community pool.
Property Size971 SF
Days on Market149
Property Features for 5236 W PEORIA Avenue 127
General Information
Standard status
Active
Size
971 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$656
Amenities
pool
Building Details
Building Size
971 SF
Year Built
1984
Listing Agency:
Play Realty
Listed By:
Alvaro Munoz Campa · License #SA684230000
(480) 717-7304
Source:
Alexiabertsatos
Added: May 22
Changed: Oct 14
Last Checked: Oct 16 at 3:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Play Realty
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Investment Insights
Based on property information with market context.
This ground-level residential income property offers an open great-room layout with wood-look flooring, contemporary light fixtures, ceiling fans, and a fireplace. Neutral paint provides a flexible interior backdrop, while the kitchen includes substantial cabinetry, generous counter space, and built-in appliances. The primary retreat includes a private bathroom, and a covered patio extends the living area outdoors.
Located in Sunset Estates, the unit also has access to a community pool. Restaurants, shopping, and additional conveniences are nearby. The property was built in 1984 and is identified as Unit 127 at 5236 W Peoria Avenue in Glendale, Arizona.
Located in Sunset Estates, the unit also has access to a community pool. Restaurants, shopping, and additional conveniences are nearby. The property was built in 1984 and is identified as Unit 127 at 5236 W Peoria Avenue in Glendale, Arizona.
Key Highlights
- Ground‑level unit at 5236 W Peoria Avenue, Unit 127
- Built in 1984
- Great room with wood‑look flooring, ceiling fans, contemporary lighting, and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,887
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,740
$197.7K
Cap Rate 7%
$141,243
$141.2K
Cap Rate 9%
$109,856
$109.9K
Market Conditions
NOI Build-Up for 971 SF
Gross rent
$19.2K $19.80/SF
− Vacancy
−$1.2K −$1.29/SF
EGI
$18.0K $18.51/SF
− OpEx
−$8.1K −$8.33/SF
NOI
$9.9K $10.18/SF
Area
Glendale, AZ
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,740
Cap Rate 7%
$141,243
Cap Rate 9%
$109,856
Alternative Uses
Best Use
Apartment 5plus
$141.2K
$123.6K – $164.8K
NOI $9,887 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$305.0K
$266.9K – $355.8K
NOI $21,350 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 85302, AZ
41,369
Population
15,767
Households
2.6
Avg Household Size
36
Median Age
20%
College-Educated
85%
High-School Grad
6.0 sq mi
ZIP Area
6,895
Density / Sq Mi
$62,516
Median Household Income
$38,629
Median Earnings
$1,241
Median Rent
$326,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Single-level unit with a fireplace, private primary bathroom, covered patio, and access to a community pool.
Where is this residential income property located?
The property is located at 5236 W PEORIA Avenue 127 Glendale, AZ.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Ground‑level unit at 5236 W Peoria Avenue, Unit 127; Built in 1984; Great room with wood‑look flooring, ceiling fans, contemporary lighting, and fireplace
