7143 N 66TH Drive, Glendale, AZ 85301

$600,000
Property Type: Multiple Dwellings Bedrooms: 7 Baths: 4 Status: Active
Current Price: $600,000 Last Modified: 9/02/2026

Overview

Description

Fully Leased Fourplex with Rental Upside! This well-maintained fourplex features three 2-bedroom/1-bath units and one oversized 1-bedroom/1-bath unit. Recent improvements include three brand-new AC units and new exterior paint. The property currently generates $49,560 in gross annual income ($4,130/month) and is fully leased, providing immediate stabilized cash flow. Two long-term tenants are currently paying below-market rents, creating an excellent opportunity for a new owner to increase rental income over time.

Listing Details MLS# 7074579

Location, Tax & Legal

House Number
7143
Compass
N
Street Name
66TH
St Suffix
Drive
City/Town Code
Glendale
State/Province
AZ
Zip Code
85301
Zip4
2376
Country
US
County Code
Maricopa
Subdivision
PECAN RIDGE ONE LOT 1-18 TR A
Assessor Number
143-29-034
Tax Year
2025
Assessor's Map #
29
Legal Description (Abbrev)
LOT 16 PECAN RIDGE ONE LOT 1-18 TR A MCR 025121
Assessor's Parcel #
34
Add'l Parcels
No
Tax Municipality
Glendale
Census Tract
92600
Taxes
1545
Legal
LOT 16 PECAN RIDGE ONE LOT 1-18 TR A MCR 025121
Marketing Name
Glendale Fourplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
7,004
Year Built
1984
Uncvrd Parking Spcs
8
Total # of Units
4
# of Buildings
Yes
Zoning
R-3
Elementary School District
Glendale Elementary District
High School District
Glendale Union High School District

Remarks Misc

Cross Street
W Myrtle Ave & 66th Dr.

Legal Info

Township
2N
Range
2E
Section
6
Lot Number
16

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
900
Avg SqFt
600
# Baths
Yes

More Information

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1076
Avg SqFt
750
# Baths
Yes

Structure

Bedrooms Total
7
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
49560
Net Operating Income
38583

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

Project Type

Four Plex
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
432
Annual Ins Exp
2000
Annual Maint Exp
4000
Annual Wtr/Swr Exp
3000
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
10977
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
49560

Pmt & Rate Info

Cap Rate
6.43
Equity
600000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes
Individual
Yes

Cooling

Electric
Yes
Individual
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Free-Standing Electric Oven
Yes
Refrigerator
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
No Carry
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted Roofing: Composition Floors: Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Electric Oven; Refrigerator; W/D Hookup Heating: Individual Cooling: Electric; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: Individual Meter Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Compass
Last Updated: September - 02 - 2026
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