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    Glendale Multifamily Property For Sale Title is generated by Realmo AI

    6725 W PALMAIRE Avenue, Glendale, AZ 85303

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    Claim this Listing
    Pending
    $620,000

    MULTI_FAMILY - Glendale, AZ

    Property size:
    3,200 SF
    Added:
    Apr 23, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 9 at 6:06 pm

    Property Features for 6725 W PALMAIRE Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    M-H
    Bedrooms
    8
    Rooms
    Bathroom 1, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
    Parking features
    Carport, On Street
    Security features
    Security Lighting
    Exterior features
    Sidewalk(s)
    Appliances
    Free-Standing Range, Refrigerator
    Standard status
    Pending
    APN
    143-28-099
    Size
    3,200 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 23 TANG GARDENS MCR 010205
    Tax Annual Amount
    1519

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1974
    Number of units
    4
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Wood Frame, Painted, Stucco, Block
    Roof type
    Foam

    We can help!

    Listing Contact
    Daniel Barraza
    Daniel Barraza

    Listing agent Daniel Barraza License #SA639785000

    Listing office My Home Group Real Estate 6751 N Sunset Blvd Ste 320, Scottsdale, AZ

    Listing date Apr 23, 2026

    MLS# 7018970 Listing URL

    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.

    HighLights

    • Unit mix: all 2‑bedroom, 1‑bath units, each just under 800 sq ft
    • Rents reported as below market value
    • Multiple upgrades reported, including kitchen improvements and tile work
    • Construction includes wood frame with stucco and block; roof is foam
    • Comfort features include central air (electric) and heat pump (electric)
    • On‑site features include a fenced yard, sidewalk(s), and parking with a carport plus on‑street

    Overview

    This multifamily property in Glendale, Arizona, features a unit mix consisting entirely of 2-bedroom, 1-bath units, each just under 800 square feet. The property currently generates strong cash flow, with rents below market value, offering excellent upside potential for investors. Over the past several years, the property has seen multiple upgrades, including improvements to kitchens, tile work, and other building enhancements. The property also includes a well-maintained, fenced yard. The zoning is M-H.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $53.8k $16.80
    − Vacancy −$3.3k −$1.04
    EGI $50.4k $15.76
    − OpEx −$15.1k −$4.73
    NOI $35.3k $11.03
    3,200 SF · lease $16.80/SF/yr · vacancy 6.17% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $504.4K
    $441.4K – $588.5K (±1% cap)
    NOI $35,310 @ 7.0% cap · market cap 5.70%
    Second Best
    Apartment 5plus
    $465.5K
    $407.3K – $543.1K (±1% cap)
    NOI $32,583 @ 7.0% cap · market cap 5.26%
    Theoretical Best
    Office A
    $1.01M
    $879.5K – $1.17M (±1% cap)
    NOI $70,361 @ 7.0% cap · market cap 11.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.204298
    Latitude
    33.540771

    FAQs

    What type of property is this?
    Quadplex - Glendale multifamily property with strong cash flow and upside potential.
    Where is this quadplex located?
    The property is located at 6725 W PALMAIRE Avenue Glendale, AZ.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: Unit mix: all 2‑bedroom, 1‑bath units, each just under 800 sq ft; Rents reported as below market value; Multiple upgrades reported, including kitchen improvements and tile work
    More about this property
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