6739 N 61st Ave 4 Unit Apartment Building Offered at $916,650 CAD Glendale, AZ 85301

Positioned just minutes from the heart of Historic Downtown Glendale, this well-located four-unit property offers a compelling blend of immediate cash f low and clear upside potential in one of the West Valley’s most character-rich submarkets.
The asset features a unique layout with a single-family home positioned at the front of the property and a well-balanced triplex in the rear, creating a diversified income stream that appeals to a broad tenant base. All units are single-story with washer and dryer hookups, functional floorplans, and private rear patios, enhancing longterm tenant retention and livability.
Currently, the property is generating $4,335/month in gross income, with triplex units averaging approximately $1,030 for 2-bedroom units and the front house achieving $1,250/month. Based on current market conditions and comparable rentals in the immediate area, there is a clear path to rental growth, with projected rents of $1,200–$1,250 for the triplex units and $1,300–$1,375 for the single-family home, offering investors a strong opportunity to organically increase NOI.