6725 W PALMAIRE Avenue, Glendale, AZ 85303 (MLS# 7018970)

6725 W PALMAIRE Avenue, Glendale, AZ 85303

$620,000

Property Type: Multiple Dwellings Status: Pending

Current Price: $620,000 Last Modified: 5/07/2026

Overview

Description

This property features a highly desirable unit mix consisting entirely of 2-bedroom, 1-bath units, each just under 800 square feet. It 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 for added appeal.

Listing Details MLS# 7018970

Location, Tax & Legal

House Number: 6725
Compass: W
Street Name: PALMAIRE
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85303
Zip4: 2631
Country: US
County Code: Maricopa
Subdivision: TANG GARDENS
Assessor Number: 143-28-099
Tax Year: 2025
Assessor's Map #: 28
Legal Description (Abbrev): LOT 23 TANG GARDENS MCR 010205
Assessor's Parcel #: 99
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 92705
Taxes: 1519
Legal: LOT 23 TANG GARDENS MCR 010205
Marketing Name: Tang Gardens

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 7449
Year Built: 1974
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: Yes
Zoning: M-H
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Glendale American School
High School: Glendale High School

Remarks Misc

Cross Street: 67TH AVE. & GLENDALE
Directions: Indian School to Grand to Orangewood. South on 67th Avenue. Right Palmaire. About 1.5 miles to Downtown Glendale. About 4.5 miles to University of Phoenix Cardinals Stadium.

Status Change Info

Off Market Date: 2026-05-06
Under Contract Date: 2026-05-05

Legal Info

Township: 2N
Range: 1E
Section: Yes
Lot Number: 23

More Information

Income Expenses

Gross Annual Sch Inc: 60000
Net Operating Income: 4000

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Phone Call: Yes

Efficiency Units

# Efficiency Units: 4
Avg Rent: 1250
Avg SqFt: 792
# Baths: Yes

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1250
Avg SqFt: 792
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1250
Avg SqFt: 792
# Baths: Yes

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 1250
Avg SqFt: 792
# Baths: Yes

4 Bedrooms Units

# 4 Bedroom Units: 2
Avg Rent: 1250
Avg SqFt: 792
# Baths: Yes

Contact Info

List Agent Home Phn: 602-386-7885

Project Type

Four Plex: Yes

Construction

Block: Yes
Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Foam: Yes

Floors

Tile: Yes
Ceramic Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Operating Exp: 1519
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 57000

Pmt & Rate Info

Cap Rate: 0.65
Down Payment: 0
Equity: 620000
Down Payment %: 0
Monthly Payments: 1250
Total Owed: 0
Assessment Balance: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Heat Pump: Yes
Electric: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Amenities

Desert Landscaping: Yes
Curb(s) & Gutter(s): Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Security Light(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes

Tenant Pays

Electricity: Yes
Cable TV: Yes

Appliances Included

Refrigerator: Yes
Free-Standing Range: Yes

Road Access Type

Alley: Yes
Dedicated Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: Yes
Other (See Remarks): Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Carport: Yes
On Street: Yes
>1 Space Per Unit: Yes
Add'l Parking Avail: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
No Carry: Yes

Existing 1st Loan

Conventional: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Project Type: Four Plex Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Floors: Tile; Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator Heating: Heat Pump Cooling: Electric; Central Air Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: Carport; On Street; >1 Space Per Unit; Add'l Parking Avail Road Access Type: Alley; Dedicated Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Projected Proforma; Other (See Remarks) Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional; No Carry Environmental: None

Listing Office: My Home Group Real Estate

Last Updated: May - 07 - 2026