Remodeled Duplex with Updated
For Sale
$399,999
5959 W GARDENIA Avenue, Glendale, AZ 85301
Multiple Dwellings, Glendale, AZ
Property Size1,286 SF
Price / SF$311.04
Days on Market105
Property Features for 5959 W GARDENIA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
Parking features
Off Street
Appliances
Built-In Range, Refrigerator, Microwave, Washer/Dryer
Subdivision
FURREY COURT
Elementary school
Glendale Landmark School
Middle school
Glendale Landmark School
High school
Glendale High School
Elementary school district
Glendale Elementary District
Middle school district
Glendale Union High School District
High school district
Glendale Union High School District
Directions
Head toward W Northern Ave. Turn right onto N 59th Ave. Turn right onto W Orangewood Ave. Turn left onto N 59th Ln. Turn right onto W Gardenia Ave. Home will be on the left.
Standard status
Active
APN
143-43-110
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 26 FURREY COURT MCR 003649
Tax Annual Amount
859
Legal Description
LOT 26 FURREY COURT MCR 003649
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Electric, Ceiling Fan(s)
Building Details
Year built
1947
Number of units
2
Flooring type
Tile, Laminate
Building materials
Wood Frame, Painted, Stucco
Roof type
Composition
Buildings
1
Listing Agency:
eXp Realty
Listed By:
Iris Beas · License #SA695404000
(623) 293-6902
Added: Jul 22
Changed: Nov 2
Last Checked: Nov 3 at 5:06AM
MLS# 7057120
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,286-square-foot duplex, built in 1947, contains two separate residences. The larger unit offers 2 bedrooms and 1 bathroom across 647 square feet, while the second provides 1 bedroom and 1 bathroom within 639 square feet. Both units have updated kitchens and bathrooms, newer paint, tile or laminate flooring, and dual-pane windows. The property also includes a built-in range, refrigerator, microwave, and washer/dryer. Construction features wood framing with painted stucco, a composition roof, forced-air heating, and public sewer service.
Located in Glendale, the property has R-2 zoning, two driveway spaces, and a gravel yard designed for limited upkeep. Shopping, dining, and freeway access are identified nearby. Off-street parking and separate unit layouts support either a two-unit rental configuration or owner occupancy with an additional residence.
Located in Glendale, the property has R-2 zoning, two driveway spaces, and a gravel yard designed for limited upkeep. Shopping, dining, and freeway access are identified nearby. Off-street parking and separate unit layouts support either a two-unit rental configuration or owner occupancy with an additional residence.
Key Highlights
- 1,286‑square‑foot duplex with two separate units
- Unit 1: 2 beds/1 bath at 647 sq ft
- Unit 2: 1 bed/1 bath at 639 sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,190
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,800
$283.8K
Cap Rate 7%
$202,714
$202.7K
Cap Rate 9%
$157,667
$157.7K
Market Conditions
NOI Build-Up for 1,286 SF
Gross rent
$21.6K $16.80/SF
− Vacancy
−$1.3K −$1.04/SF
EGI
$20.3K $15.76/SF
− OpEx
−$6.1K −$4.73/SF
NOI
$14.2K $11.03/SF
Area
Glendale, AZ
Vacancy
6.17%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,800
Cap Rate 7%
$202,714
Cap Rate 9%
$157,667
Alternative Uses
Best Use
Multifamily LT 5
$202.7K
$177.4K – $236.5K
NOI $14,190 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$187.1K
$163.7K – $218.2K
NOI $13,094 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$403.9K
$353.5K – $471.3K
NOI $28,276 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,359
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - R-2-zoned duplex with two distinct rental units and off-street parking.
Where is this duplex located?
The property is located at 5959 W GARDENIA Avenue Glendale, AZ.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 1,286‑square‑foot duplex with two separate units; Unit 1: 2 beds/1 bath at 647 sq ft; Unit 2: 1 bed/1 bath at 639 sq ft
