
Glendale, AZ 85301
This Multi-Unit Value-Add Asset is listed at $429,000, representing a fair-market entry at its $429,000 Fair Market Value. The property comprises a 3-bedroom main residence and a detached 1-bedroom guest house, currently holding a Functional Condition Rating that requires modernization of its 1925 infrastructure. With a 7,000-square-foot lot and proximity to Apollo High School, the site offers high rental demand and multi-generational utility. This acquisition is a prime candidate for Fix-and-Flip Investors or Buy-and-Hold Investors looking to capitalize on Glendale's growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6706 N 54TH Drive Subject | $429,000* List Price | 3 | 1 | 1,074 | $399 | - |
A 5611 W ORANGEWOOD Avenue Sold | $400,000 | 4 | 3 | 1,174 | $341 | 0.7 mi |
B 6602 N 53RD Avenue Active | $319,999 List Price | 3 | 1 | 1,002 | $319 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, the property is functional and has been maintained with updated tile flooring and neutral paint, but it remains significantly outdated. The kitchen and bathroom feature basic, older-style fixtures and appliances. While move-in ready, the home lacks modern renovations, and the century-old infrastructure likely requires updates to electrical and plumbing systems to meet current standards.
The inclusion of a separate 1-bedroom, 1-bathroom guest house provides exceptional versatility for rental income, multi-generational living, or a dedicated home office space.
Situated in the heart of Glendale, the property offers convenient access to a wide array of local dining, shopping, and entertainment, making it highly attractive for urban living.
The 7,000-square-foot lot provides ample outdoor space and sufficient separation between the main residence and the guest house, enhancing privacy and utility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1925, the property may require significant capital investment to update century-old systems, such as plumbing, electrical, and structural components, to meet modern standards.
The main residence features three bedrooms but only one bathroom, which can be a significant functional drawback for larger families or modern buyer expectations.
Charming 3-Bedroom, 1-Bath Home with Detached 1-Bedroom Guest House in Glendale, Arizona Discover the potential of this unique property featuring a main home with 3 bedrooms and 1 bathroom, plus a separate 1-bedroom, 1-bath guest house located in the back. Ideal for multi-generational living, rental income, or a private home office setup. Conveniently situated near popular restaurants, shopping, and entertainment in the heart of Glendale, this property offers both comfort and opportunity. Don't miss your chance to own in this desirable location!
No exterior & parking available.
Grades PK-8 • 0.1 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 1,074 | 1,710 | 5% |
| Lot Size | 7,000 | 7,998 | 33% |
| Price | $429.0K | $336.0K | 79% |
| Price per sq ft | $399 | $148 | 98% |
| Built year | 1925 | 1960 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 345 | 1357 | 35% |
May 12, 2025
$429,000
Initial Listing