
Glendale, AZ 85301
This Value-Add Residential Asset is listed at $275,000, positioned accurately relative to its $272,193 Fair Market Value. Built in 1925, the property maintains a Fair Condition Rating with recent cosmetic exterior updates and newer flooring. The core value of this offering is the 7,018 sq ft lot paired with Multi-Family Zoning, providing a rare opportunity for density expansion or secondary unit development near Downtown Glendale. With interior modernization required to unlock full appreciation, this property is a prime target for Buy-and-Hold Investors or Developers seeking long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5521 W NORTHVIEW Avenue Subject | $275,000* List Price | 2 | 1 | 660 | $412 | - |
A 5838 W GARDENIA Avenue Active Under Contract | $299,000 List Price | 2 | 1 | 750 | $399 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, originally built in 1925, has received recent cosmetic improvements including newer flooring and fresh exterior paint. However, the interior is described as needing further updates and modernization to reach its full potential. While functional and maintained, the small 660 sq ft footprint and aged systems typical of this era place it in the fair category, requiring minor to moderate interior renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7018, living area = 660.
The property is situated on a generous 7,018 sq ft lot with multi-family zoning, offering significant opportunities for expansion or the addition of secondary units.
Located near Downtown Glendale and the historic Catlin Court area, the home provides excellent proximity to local shops, dining, parks, and community amenities.
At only 660 square feet, the existing 2-bedroom structure is quite compact, which may limit its appeal to buyers seeking more functional indoor living area.
While the exterior has been refreshed, the interior requires further updates and modernization, necessitating additional capital investment to reach its full potential.
This 2-bedroom, 1-bath home sits on a generous 7,018 sq ft lot and is located within a multi-family zoning area, offering flexibility for future use. The existing residence measures approximately 660 sq ft and features newer flooring and recently updated exterior paint. The interior presents an opportunity for updates, allowing the next owner to personalize the space while building equity over time. The lot size and zoning create potential for expansion or additional development. Conveniently located near Downtown Glendale, local shops, dining, parks, and community amenities, with easy access to major roadways. A unique opportunity to own a property with long-term potential in a growing area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 660 | 1,710 | 2% |
| Lot Size | 7,018 | 7,998 | 33% |
| Price | $275.0K | $335.0K | 47% |
| Price per sq ft | $417 | $148 | 98% |
| Built year | 1925 | 1960 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 1357 | 2% |
Feb 7, 2026
$275,000
Initial Listing