5623 W Myrtle Avenue, Glendale, AZ 85301
$2,350,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$2,350,000
Last Modified:
5/14/2026
Listing Details MLS# 7013604
Location, Tax & Legal
- House Number
- 5623
- Compass
- W
- Street Name
- Myrtle
- St Suffix
- Avenue
- City/Town Code
- Glendale
- State/Province
- AZ
- Zip Code
- 85301
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 147-25-038
- Tax Year
- 2025
- Assessor's Map #
- 25
- Assessor's Parcel #
- 38
- Add'l Parcels
- Yes
- Tax Municipality
- Glendale
- Taxes
- 5175
- Legal
- PARK
- Marketing Name
- Myrtle Court
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 0.32
- Year Built
- 1965
- Uncvrd Parking Spcs
- 20
- Total # of Units
- 15
- # of Buildings
- 2
- Zoning
- R-3
Status Change Info
- Off Market Date
- 2026-05-14
- Under Contract Date
- 2026-05-01
Legal Info
- Lot Number
- 14
More Information
Income Expenses
- Gross Annual Sch Inc
- 211953
- Net Operating Income
- 116691
Showing Notification Methods
- Showing Service
- Aligned Showings
1 Bedroom Units
- # 1 Bedroom Units
- Yes
- Avg Rent
- 1100
- Avg SqFt
- 650
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 13
- Avg Rent
- 1200
- Avg SqFt
- 650
- # Baths
- 13
3 Bedrooms Units
- # 3 Bedroom Units
- Yes
- Avg Rent
- 1795
- Avg SqFt
- 1100
- # Baths
- Yes
Project Type
- 13 - 24 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Laminate
- Yes
- Tile
- Yes
- Vinyl
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 5175
- Other Income
- 13772
- Vacancy Allowance
- 0.07
- Adjusted Gross Inc
- 209924.25
Pmt & Rate Info
- Cap Rate
- 4.97
- Equity
- 2350000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Individual
- Yes
Cooling
- Individual
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Free-Standing Electric Oven
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- 1031 Exchange
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
13 - 24 Units
Construction:
Block
Const - Finish:
Stucco
Roofing:
Composition
Floors:
Laminate; Tile; Vinyl
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping
Appliances Included:
Free-Standing Electric Oven; Washer/Dryer
Heating:
Individual
Cooling:
Individual
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
None
Parking Features:
>1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity
Source of Fincl Data:
Owner
Lockbox Type:
None
New Financing:
Cash; Conventional; 1031 Exchange
Environmental:
None
Listing Office:
Marcus & Millichap
Last Updated: May - 14 - 2026
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