6118 W MORTEN Avenue, Glendale, AZ 85301
$593,500
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$593,500
Last Modified:
2/25/2026
Description
Calling all Investors!!! Great investment opportunity! 4-plex building with tenants in place. Units are identical and each one has its own backyard space and balconies off the second floor master bedrooms.
Do not miss out!
More Information MLS# 6215515
Contract Info
Ownership: Fee Simple
Current Price: $593,500
Sold Price: $593,500
Status: Closed
List Date: 2021-04-01
Location, Tax & Legal
Assessor's Map #: 39
Legal Description (Abbrev): LOT 5 JUSTIN WAYNE PHASE 1 MCR 025819
Assessor's Parcel #: 36
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 92600
Taxes: 1870
Legal: LOT 5 JUSTIN WAYNE PHASE 1 MCR 025819
Marketing Name: JUSTIN WAYNE PHASE 1
Map Code/Grid: N32
House Number: 6118
Compass: W
Street Name: MORTEN
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 1250
County Code: Maricopa
Subdivision: JUSTIN WAYNE PHASE 1
Assessor Number: 143-39-036
Tax Year: 2020
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 9548
Total # of Units: 4
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Year Built: 1984
Zoning: R-3
Legal Info
Range: 2E
Section: 6
Township: 2N
Lot Number: 5
Project Type
Four Plex: 1
Other Type
Packaged Offering: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 200
Annual Ins Exp: 1009
Annual Landscape Exp: 1200
Annual Mgmt Exp: 4114
Annual Wtr/Swr Exp: 4756
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 13149
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 45888
Pmt & Rate Info
Cap Rate: 5.69
Equity: 575000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Curb(s) & Gutter(s): 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Vertical Blinds: 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Landscaping: 1
New Financing
Conventional: 1
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 602-320-0406
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 956
Avg SqFt: 1044
# Baths: 15
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 59th Ave & Northern
Directions: From 63rd Ave turn right onto Morten Ave Property will be on the left before you reach 61st
Ave
Geo Lat: 33.547826
Geo Lon: -112.191676
Status Change Info
Off Market Date: 2021-05-25
Under Contract Date: 2021-04-17
Close of Escrow Date: 2021-05-28
Sold Price: $593,500
Income Expenses
Gross Annual Sch Inc: 45888
Net Operating Income: 32739
Property Features
Project Type: Four Plex
Other Type: Packaged Offering
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Curb(s) & Gutter(s); Patio/Balcony; Separate Storage
Interior Features: Vertical Blinds; Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: 1 Space/Unit
Road Access Type: Dedicated Street
Road Surface Type: Asphalt
Owner Pays: Water; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner; Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
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: Conventional; Other (See Remarks)
Environmental: None
Listing Office:
AZREAPM
Last Updated: February - 25 - 2026
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