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Four-Plex Residential Income Property
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5963 W Ocotillo Rd, Glendale, AZ 85301

Solid block construction four-plex with recently refurbished units and multiple upgraded building systems.

Days on Market111

Property Features for 5963 W Ocotillo Rd

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Multifamily Units 4

Building Details

Construction solid block
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Realty
Listed By: Terry Kass · License #BR 503783000
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 23 at 3:13PM

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 Coldwell Banker Commercial Realty

Investment Insights

Based on property information with market context.

This four-plex residential income property features solid block construction and four well-appointed units with recently refurbished interiors. The upgrades described include new sewer lines, framing, hardwood flooring, kitchen cabinets, countertops, and tile showers with glass enclosures. Additional improvements are noted for some electrical, plumbing, and HVAC systems.

The property includes an updated backyard with new landscaping, a vinyl fence, and an irrigation system designed for easier upkeep. It is located minutes from US-60 (Grand Ave), near major bus routes and a mall, and within walking distance to downtown Glendale.

As presented, the asset consists of two units described as 2-2/1 and two units described as 2-1/1, offering a straightforward four-unit configuration.

Key Highlights

  • Four‑plex with 4 units: two 2‑1/1 units and two 1‑1/1 units
  • Current rents: $1,550 for each 2‑1/1 unit and $1,245 for each 1‑1/1 unit
  • Solid block construction and recently refurbished units with long‑term tenants

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Computer & Electronic Repair Catering Service

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

4
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,413
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?
Quadplex - Solid block construction four-plex with recently refurbished units and multiple upgraded building systems.
Where is this quadplex located?
The property is located at 5963 W Ocotillo Rd Glendale, AZ.
What are key features of this property?
This property features: Four‑plex with 4 units: two 2‑1/1 units and two 1‑1/1 units; Current rents: $1,550 for each 2‑1/1 unit and $1,245 for each 1‑1/1 unit; Solid block construction and recently refurbished units with long‑term tenants
More about this property
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