Glendale Triplex with In-Unit
7031 North 80th Avenue Glendale, AZ 85303
For Sale
Contact for pricing
Well-maintained triplex offering three spacious 2BD/1BA units with updated interiors, in-unit laundry, and central A/C.
Property Size2,304 SF
Price / SF$273.44
Days on Market54
Property Features for 7031 North 80th Avenue
General Information
- Standard status
- Active
- Size
- 2,304 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing Agency:
Get MULTIfamily
(602) 842-5050
Listed By:
Patrick O'Sullivan, CCIM · License #BR634211000
Source:
Crexi
Added: Jun 2
Changed: Jul 22
Last Checked: Jul 24 at 3:16PM
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 Get MULTIfamily
Investment Insights
Based on property information with market context.
This well-maintained Glendale triplex includes three spacious 2BD/1BA units with updated interiors and functional layouts. Each unit features in-unit laundry and central A/C. The property is configured as a residential income asset with flexibility for an owner-user or investor, with unit sizes described as approximately 850–950 SF.
The property is located near freeways, shopping, and major employment centers, providing convenient access to surrounding commercial and job hubs.
Overall, it’s a three-unit multifamily opportunity designed for comfortable day-to-day living, with modernized finishes throughout and practical in-unit amenities.
The property is located near freeways, shopping, and major employment centers, providing convenient access to surrounding commercial and job hubs.
Overall, it’s a three-unit multifamily opportunity designed for comfortable day-to-day living, with modernized finishes throughout and practical in-unit amenities.
Key Highlights
- Glendale triplex built in 1972 with three 2BD/1BA units
- Updated interiors with modern finishes throughout the triplex
- In‑unit laundry in each unit
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 | $38.7k | $16.80 |
| − Vacancy | −$2.4k | −$1.04 |
| EGI | $36.3k | $15.76 |
| − OpEx | −$10.9k | −$4.73 |
| NOI | $25.4k | $11.03 |
2,304 SF · lease $16.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$363.2K
$317.8K – $423.7K
NOI $25,423 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$335.1K
$293.3K – $391.0K
NOI $23,460 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$723.7K
$633.3K – $844.3K
NOI $50,660 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Westgate Villas
Hotel & Motel
FAQs
What type of property is this?
Triplex - Well-maintained triplex offering three spacious 2BD/1BA units with updated interiors, in-unit laundry, and central A/C.
Where is this triplex located?
The property is located at 7031 North 80th Avenue Glendale, AZ.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Glendale triplex built in 1972 with three 2BD/1BA units; Updated interiors with modern finishes throughout the triplex; In‑unit laundry in each unit
