5207 W MYRTLE Avenue, Glendale, AZ 85301
$660,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$660,000
Last Modified:
7/29/2025
Description
This 7 unit property provides the opportunity for an investor to get into the multi-family market, or add to a current portfolio. This is a rehab opportunity where there will need to be renovation done in the units. You can create your own amazing rental units in order to maximize the rental opportunities. Just minutes from Downtown Glendale. There are plenty of shopping and dining options in the area and your are just minutes away from some schooling choices.
More Information MLS# 6804197
Contract Info
Ownership: Fee Simple
Current Price: $660,000
Sold Price: $660,000
Status: Closed
List Date: 2025-01-13
Location, Tax & Legal
Assessor's Map #: 16
Legal Description (Abbrev): PARK PLACE MCR 4/40 E 52F OF W 106.5F LT 5 BLK 1
Assessor's Parcel #: 10
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 92500
Taxes: 0
Legal: PARK PLACE MCR 4/40 E 52F OF W 106.5F LT 5 BLK 1
Marketing Name: Park Place
House Number: 5207
Compass: W
Street Name: MYRTLE
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 2000
County Code: Maricopa
Subdivision: PARK PLACE BLKS 1,3,4
Assessor Number: 147-16-010-A
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 1
Lot Size Dimensions: 20,017 sq ft
Flood Zone: TBD
Total # of Units: 7
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Glendale Landmark School
Jr. High School: Glendale Landmark School
High School: Glendale High School
Year Built: 1962
Zoning: PUD/Multifamily
Legal Info
Range: 2E
Section: 5
Township: 2N
Lot Number: 5
Project Type
Tri-Plex: 1
Four Plex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Concrete: 1
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Total Monthly Rental Income: 0
Pmt & Rate Info
Equity: 769000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
See Private Remarks: 1
None: 1
Community Features
No Pool: 1
Heating
Ceiling: 1
Cooling
Central Air: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Other: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
No Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 4
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 3
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 51st Ave/Glendale
Directions: Just north of Glendale on 51st Ave, go west on Myrtle. The property is on the south side of the street.
Geo Lat: 33.54149
Geo Lon: -112.170844
Status Change Info
Off Market Date: 2025-07-25
Under Contract Date: 2025-05-20
Close of Escrow Date: 2025-07-28
Sold Price: $660,000
Property Features
Project Type: Tri-Plex; Four Plex
Construction: Block; Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Concrete; Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Other
Heating: Ceiling
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
New Financing: Cash; No Carry
Environmental: None
Listing Office:
Petersen Realty
Last Updated: July - 29 - 2025
Broker Attribution:
6024100228
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