7338 N 43rd Avenue Glendale, AZ $ 4,300,000
7338 N 43rd Avenue
$ 4,300,000
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7338 N 43rd Avenue

Glendale, AZ, 85301
$ 4,300,000
Baths0.0

Monthly Estimate*

$ 26,826

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Studio

Multi-Family Home for sale in Glendale, AZ

for $4,300,000. This home was built in 1983.

Concept at 43rd Ave is a 20-unit townhome community located southwest of the intersection of 43rd & Orangewood Avenues offering immediate mobility through the adjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyle and economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by ±412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center. The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus. Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.

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Multi-Family Active

Price

$ 4,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,107

Style

Multiple Dwellings

Year Built

1983

Town/City

Glendale

County/Region

Maricopa

MLS | Web ID

6899094

Features
General
Sewer Public Sewer
Heating Individual
Cooling Individual
Roof Composition Tile
Zoning R-3
Construction Materials Wood Frame Painted Stucco
Year Built 1983
Electric SRP
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 356746.92
Community Features Pool
County Maricopa
Net Operating Income 226399.0
Operating Expense 132168.0
Insurance Expense 15898.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 10000.0
Garage Y/N N
Status Active
City Glendale
Disclosures None
Open Parking Spaces 42.0
Number Of Units Total 20
Carport Y/N N
Tax Annual Amount 14107.0
Electric Expense 8520.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 14
Cap Rate 5.27
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 82.0
Number of Buildings 13
Spa N
Lot Dimensions 18400
Covered Spaces 40.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7338
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* Excluded Features
List By
Marcus & Millichap

Broker

paul.bay@marcusmillichap.com

Email

Affordability Calculator

$28,002
Per Month
96%
4%
0%
Monthly Principal & Interest
$26,826
Monthly Property Taxes
$1,176
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
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2025$4,300,000 Listed Price

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7338 N 43rd Avenue, Glendale, AZ, 85301 is a Multi-Family Home for sale at $4,300,000. 7338 N 43rd Avenue is a studio with 0.0 baths and was built in 1983. The property's zip code is 85301 which is in Glendale, AZ