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Studio Multifamily Property
For Sale
$539,000

5911 W Lamar Rd Unit 1, Glendale, AZ 85301

Studio units offer private courtyard patios, durable finishes, and separate APS metering.

Property SizeContact for details
Days on Market55

Property Features for 5911 W Lamar Rd Unit 1

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Utilities to Site Yes

Amenities

private courtyard patio

Building Details

Year Built 1960
Listing Agency: Ivy Realty
Listed By: Emily Weaver · License #SA668881000
Source: Eastvalleyazhomesforsale
Added: Jul 6 Changed: Aug 28 Last Checked: Aug 29 at 10:32AM

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 Ivy Realty

Investment Insights

Based on property information with market context.

This multifamily property at 5911 W Lamar Rd Unit 1 includes studio units with tile countertops, tiled showers, and tiled floors. Each unit has its own courtyard patio, while APS electricity is separately metered by unit. The property was built in 1960 and is occupied by long-term tenants.

The property sits within walking distance of Historic Glendale shopping and restaurants. Grand Ave provides access to downtown Phoenix, while Westgate amenities and spring training venues are also nearby. The offering includes 111-10-074 and 111-10-077 and is eligible for a 1031 exchange.

Key Highlights

  • Studio units with private courtyard patios
  • Tile countertops, tiled showers, and tiled floors in each unit
  • APS electricity separately metered by unit

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Pharmacy Bakery Law Firm Gym & Fitness Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,434
Businesses Nearby

Demographics for 85301, AZ

67,380
Population
24,019
Households
2.8
Avg Household Size
30
Median Age
11%
College-Educated
71%
High-School Grad
9.3 sq mi
ZIP Area
7,245
Density / Sq Mi
$47,422
Median Household Income
$33,727
Median Earnings
$1,189
Median Rent
$218,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Studio units offer private courtyard patios, durable finishes, and separate APS metering.
Where is this multifamily property located?
The property is located at 5911 W Lamar Rd Unit 1 Glendale, AZ.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Studio units with private courtyard patios; Tile countertops, tiled showers, and tiled floors in each unit; APS electricity separately metered by unit
More about this property
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