7508 W ORANGEWOOD Avenue Glendale, AZ $ 1,150,000
7508 W ORANGEWOOD Avenue
$ 1,150,000
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7508 W ORANGEWOOD Avenue

Glendale, AZ, 85303
$ 1,150,000
Baths0.0

Monthly Estimate*

$ 7,175

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Studio

Multi-Family Home for sale in Glendale, AZ

for $1,150,000. This home was built in 1955.

Don't miss this rare opportunity to own a 7-unit, income-producing multi-family property situated on a prime corner lot in a quiet Glendale neighborhood. This NO-HOA property features seven efficiency units, including two recently renovated units. All units are fully occupied, providing immediate cash flow. The expansive lot offers exceptional redevelopment potential, with possibilities for additional units or future commercial use. Located just minutes from the Glendale Sports & Entertainment District, home to the Arizona Cardinals, the highly anticipated multi-billion-dollar VAI Resort, and additional developments. Bring your development ideas and transform this property's potential into reality. Buyer to verify all zoning and uses with Maricopa County.

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Multi-Family Contingent

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,526

Style

Multiple Dwellings

Year Built

1955

Town/City

Glendale

County/Region

Maricopa

MLS | Web ID

6948581

Features
General
Sewer Septic in & Cnctd
Heating Central Window/Wall Unit(s)
Cooling Central Air Ceiling Fan(s) Electric
Roof Composition
Zoning R-6
Construction Materials Vinyl Siding Board & Batten Siding Wood Frame Block
Year Built 1955
Electric SRP
Township 2N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 78090.0
Community Features No Pool
County Maricopa
Net Operating Income 82200.0
Operating Expense 17644.0
Insurance Expense 2593.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Garage Y/N N
Status UCB (Under Contract-Backups)
Directions From Northern head south on 75th Ave to Orangewood Ave. Property is on the corner
High School Glendale High School
City Glendale
Disclosures None
High School District Glendale Union High School District
Open Parking Spaces 10.0
Number Of Units Total 7
Carport Y/N N
Tax Annual Amount 1526.0
Electric Expense 6000.0
Fuel Expense 5200.0
Trash Expense 1200.0
Water Sewer Expense 1125.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active Under Contract
Occupancy Type Tenant
Elementary School District Glendale Elementary District
Tax Lot 0
Cap Rate 7.15
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
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Exterior
Parking Features Free Add'l Parking Avail
Water Source City Franchise
Total Parking 10.0
Number of Buildings 1
Spa N
Lot Dimensions 25 134
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 7508
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* Excluded Features
List By
R & S Premier Homes

Broker

therealazagent1@gmail.com

Email

Affordability Calculator

$7,302
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
$127
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327134 Elementary School
4327258 Middle School
Glendale High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$1,150,000 Listed Price

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7508 W ORANGEWOOD Avenue, Glendale, AZ, 85303 is a Multi-Family Home for sale at $1,150,000. 7508 W ORANGEWOOD Avenue is a studio with 0.0 baths and was built in 1955. The property's zip code is 85303 which is in Glendale, AZ