5206 W OCOTILLO Road, Glendale, AZ 85301

$355,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $355,000 Last Modified: 7/30/2026

Overview

Description

CALLING ALL INVESTORS. Great investment opportunity for fully occupied, low maintenance 4-plex in the heart of Glendale. Generating positive cashflow. Most tenants are month-to-month creating flexibility for the new owner. Drive by Only. Do Not Disturb Tenants. Showings in Escrow Only. Property is being sold As-Is and No repairs will be made.

Listing Details MLS# 6219240

Location, Tax & Legal

Map Code/Grid
N32
House Number
5206
Compass
W
Street Name
OCOTILLO
St Suffix
Road
City/Town Code
Glendale
State/Province
AZ
Zip Code
85301
Zip4
3424
Country
US
County Code
Maricopa
Subdivision
SHEETS ADD
Assessor Number
146-06-023
Tax Year
2018
Assessor's Map #
6
Legal Description (Abbrev)
LOT 3 SHEETS ADD MCR 002935
Assessor's Parcel #
23
Add'l Parcels
Yes
Tax Municipality
Glendale
Census Tract
92900
Taxes
687
Legal
LOT 3 SHEETS ADD MCR 002935
Marketing Name
Historic Glendale

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
50 x 140
Year Built
1955
Uncvrd Parking Spcs
Yes
Total # of Units
4
# of Buildings
3
Zoning
R-6
Elementary School District
Glendale Elementary District
High School District
Glendale Union High School District
Elementary School
Isaac E Imes School
Jr. High School
Isaac E Imes School
High School
Apollo High School

Remarks Misc

Cross Street
51st Ave/Glendale
Directions
Go South on 51st Ave, then West on Ocotillo Rd to property.

Status Change Info

Off Market Date
2021-06-02
Under Contract Date
2021-05-12
Close of Escrow Date
2021-08-03

Legal Info

Township
2N
Range
2E
Section
8
Lot Number
3

More Information

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
595
Avg SqFt
585
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
690
Avg SqFt
750
# Baths
Yes

Income Expenses

Gross Annual Sch Inc
32040
Net Operating Income
22333

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Building(s) Only
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
2800
Annual Mgmt Exp
2900
Annual Trash Exp
0
Annual Wtr/Swr Exp
3000
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
9387
Other Income
0
Vacancy Allowance
0.01
Adjusted Gross Inc
31719.6

Pmt & Rate Info

Cap Rate
5.73
Down Payment
0
Equity
390000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Showing Notification Methods

Phone Call
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Electric
Yes

Exterior Amenities

Partially Fenced
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Refrigerator
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes
1 Space/Unit
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Project Type: Four Plex Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Building(s) Only Community Features: No Pool Exterior Amenities: Partially Fenced Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; W/D Hookup Heating: Natural Gas Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: On Street; 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable New Financing: Other (See Remarks) Environmental: None
IDX
Listing Office: Success Property Brokers
Last Updated: July - 30 - 2026
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