7338 N 43rd Avenue, Glendale, AZ 85301

$4,300,000
Property Type: Multiple Dwellings Status: Active
Current Price: $4,300,000 Last Modified: 7/30/2025

Description

Concept at 43rd Ave is a 20-unit townhome community located southwest of the intersection of 43rd & Orangewood Avenues offering immediate mobility through the adjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyle and economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by ±412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center.

Supplements: The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus. Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.

More Information MLS# 6899094

Contract Info

Current Price: $4,300,000 List Price: $4,300,000 Status: Active List Date: 2025-07-30 Ownership: Fee Simple

Location Tax Legal

House Number: 7338 Compass: N Street Name: 43rd St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85301 County Code: Maricopa Assessor Number: 147-07-017 Tax Year: 2025

General Property Description

Lot Size Dimensions: 18400 Year Built: 1983 Uncvrd Parking Spcs: 42 Total # of Units: 20 # of Buildings: 13 Zoning: R-3

Remarks Misc

Geo Lat: 33.544461 Geo Lon: -112.151728

Legal Info

Lot Number: 14

Income Expenses

Gross Annual Sch Inc: 349200 Net Operating Income: 226399

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 20 Avg Rent: 1372 Avg SqFt: 920 # Baths: 30

Property Features

Project Type: 13 - 24 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition; Tile Floors: Vinyl; Carpet Sale Includes: Building(s) Only Community Features: Pool Exterior Amenities: Green Landscaping Appliances Included: Refrigerator; Dishwasher; Microwave; Washer/Dryer Heating: Individual Cooling: Individual Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: >1 Space Per Unit Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional Environmental: None
Listing Office: Marcus & Millichap
Last Updated: July - 30 - 2025
7338 N 43rd Avenue, Glendale, AZ 85301- MLS# 6899094
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