7101 N 68TH Drive, Glendale, AZ 85303

$418,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $418,000 Last Modified: 4/23/2026

Overview

Description

Property is sold AS IS. No repairs will be made. CASH COW! Units rented at $700, $825, $850, $870. The $700 Unit is the only unit not renovated in the last two years due to a long term tenant. Great Opportunity and Rare Find: Four-plex with large 910 sq - 2 Bed, 1 Bath Units close to Historic Downtown Glendale, Arrowhead Towne Center, & Westgate. FULLY OCCUPIED with room to increase rents as leases renew. NO HOA. Solid Block Construction. Back units with enclosed private yards. Front Units have fenced yards for privacy. Owner/Agent. DRIVE BY ONLY.

Listing Details MLS# 6174871

Location, Tax & Legal

Map Code/Grid
N31
House Number
7101
Compass
N
Street Name
68TH
St Suffix
Drive
City/Town Code
Glendale
State/Province
AZ
Zip Code
85303
Zip4
2641
Country
US
County Code
Maricopa
Subdivision
GLEN WEST ESTATES
Assessor Number
143-28-048
Tax Year
2019
Assessor's Map #
28
Legal Description (Abbrev)
LOT 41 GLEN WEST ESTATES MCR 010334
Assessor's Parcel #
48
Add'l Parcels
No
Tax Municipality
Glendale
Census Tract
92705
Taxes
1596
Legal
LOT 41 GLEN WEST ESTATES MCR 010334
Marketing Name
Glendale Fourplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
7379
Year Built
1964
Total # of Units
4
# of Buildings
Yes
Zoning
R4
Elementary School District
Glendale Elementary District
High School District
Glendale Union High School District
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
68th DR and Glendale Ave
Directions
North on 68th Dr off of Glendale Ave

Status Change Info

Off Market Date
2020-12-29
Under Contract Date
2020-12-01
Close of Escrow Date
2021-01-05

Legal Info

Township
2N
Range
1E
Section
Yes
Lot Number
41

More Information

Income Expenses

Gross Annual Sch Inc
38340
Net Operating Income
31560

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
800
Avg SqFt
910
# Baths
Yes

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Buyer - B
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Rolled
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
600
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
400
Annual Wtr/Swr Exp
2770
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
5366
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
38340
Total Monthly Rental Income
3195

Pmt & Rate Info

Cap Rate
8.2
Down Payment
0
Equity
385000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Showing Notification Methods

Text
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Exterior Amenities

Landscape Water System
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Conventional
Yes
No Carry
Yes
1031 Exchange
Yes

Special

Owner/Agent
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Rolled Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System Appliances Included: Free-Standing Range; Refrigerator; Microwave; W/D Hookup Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: On Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Special: Owner/Agent Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; No Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Open House Realty
Last Updated: April - 23 - 2026
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