Quick Glendale AZ MLS Search

Browse All Glendale AZ Multi-Family Properties for Sale

$2,350,000
7013604 MLS ACTIVE Status
Positioned just north of the Glendale Avenue and 57th Avenue intersection in the charming Caitlin Court historic district sits Myrtle Court (''the property''), a fully renovated 15-unit multifamily community. The asset's proximity and direct exposure to Glendale Avenue provides excellent visibility from one of the primary roadways in Phoenix's West Valley Submarket. Positioned approximately 3-miles from Glendale's Westgate Entertainment District and the Cardinal's Statefarm Stadium offering residents access to premier entertainment and dining experiences, including NFL Football Games, concerts, and much more. In addition, the TSMC Campus, representing Arizona's largest foreign direct investment in the state's history, has been a primary catalyst to the West Valley's boom. TSMC's Campus is expected to total $40B in capital investment, add ±24,000 new jobs and 40 new companies relating to the Advanced Manufacturing sector coming to the surrounding area as a direct result of this monumental project. The West Valley is also home to some of The Valley's top major employment corridors, including, Loop 101 West Corridor, South Peoria Corridor, and SW Valley Industrial Corridor, boasting a combined ±148,000 employees and ±3,900 businesses. Completed in 1965 and renovated in 2024, Myrtle Court is comprised of 1 one-bedroom unit (7%),13 two-bedroom units (86%), and 1 three-bedroom house (7%), offering an average of ±690 square feet. All unit interiors have been completely renovated with new stainless-steel appliances, cabinets, flooring, quartz countertops, hardware and fixtures. In addition, the entire community has been renovated inclusive of smooth stucco, paint, landscaping, community laundry room, windows, electrical, roofs and mini-split HVAC systems.

5623 W Myrtle Avenue, Glendale

$950,000
6828771 MLS Catlin Court Blk 1, 2, 6 & 7 SubDv. CLOSED Status
ACCEPTING BACK-UP OFFERS. Property is Vacant. Exceptional Investment Opportunity!
Turn-Key Triplexes with Manager's Quarters in Glendale, AZ. Discover an incredible investment opportunity in the heart of Glendale with this fully renovated property featuring two beautifully remodeled triplexes and a centrally located manager's quarters or leasing office in the middle of both. Situated on a corner lot, this property is perfectly designed to attract residents seeking affordable alternatives to single-family housing while enjoying the conveniences of modern living. Why This Property Stands Out:
This charming garden-style community is fully fenced and boasts front and back courtyards, making it an ideal choice for supportive housing initiatives or non-profit developers. With excellent local and regional access, this property is perfectly positioned for young professionals, business representatives, and others who prefer to reside near work and recreation, without the maintenance and burdens of typical single-family homes. Property Highlights: Two triplexes**: Each of the six units features two bedrooms and one bath, measuring approximately 700 sq. ft. These single-level units come equipped with brand-new plumbing, electrical systems, flooring, cabinets, fixtures, and appliances, all creating a modern and welcoming atmosphere. The property is already plumbed for community washers and dryers. Thoughtfully designed with color and landscaping elements in mind, the buildings enhance the urban setting. ADA Compliant Manager's Quarters or Leasing Office. This central building is fully compliant with ADA standards, ensuring accessibility and convenience. Versatile Use: This property is perfect for a variety of community housing needs, including halfway homes, group homes, sober living facilities, clergy residences, or rectories. There is potential to lease each unit to tenants involved in state and federal programs, enabling strong returns while fulfilling vital community functions. Investment Potential: Each unit is separately metered for electricity, maximizing rental income. Manage one mortgage payment while enjoying the revenue from multiple units within a high-demand rental market. Fully Permitted & Inspected: The property is fully permitted, engineered, and inspected, complete with a Certificate of Occupancy. A recent consolidation of two lots into one promotes operational efficiency and streamlined management. New Driveway & Enhanced Curb Appeal: Featuring a brand-new driveway, the property not only enhances accessibility but also boosts the overall curb appeal. Community Focus & Location Advantages: Conveniently located on a corner lot, this property benefits from all city services and is situated in a desirable rental area, encouraging residents to engage with diverse housing initiatives. This community supports programs for veterans, victims of domestic violence, tribes, and other vulnerable populations, thereby strengthening community bonds. The site is ideally positioned within walking distance to abundant retail, restaurants, and entertainment, creating a sustainable, walk-friendly environment. Residents can easily utilize pedestrian and bike connections to surrounding amenities, promoting reduced vehicular traffic and a more sustainable lifestyle. Owner Motivated to Sell! Don't miss out on this exceptional turn-key opportunity! The value rooted in its "use" ensures this property is ready to serve the community while generating strong income potential. Explore the Possibilities! This is a rare gem that checks all the boxes for functionality and investment potential!

5501 W Orangewood Avenue, Glendale

$2,300,000
6646533 MLS CLOSED Status
TOTALLY UPDATED - Built in 1958, Laurie Lane Apartments is a mid-century, block constructed apartment community. The property is comprised of two separate four-plexes on two parcels, allowing for conventional, thirty year fixed rate financing on each parcel. The unit mix consists of 6 one-bedroom and 2 two-bedroom units with a weighted average of 698 square feet. All units are individually metered for electricity and have an enclosed, private outdoor space, along with a large, grassy amenity space out front. The units have been completely gutted and updated throughout. Every unit has new electrical, plumbing, fixtures, cabinets and countertops, flooring, windows and doors, and more. No surface has been left untouched. Each unit also includes its own interior washer and dryer.. These turn-key units will allow for easy maintenance and management for a new owner. Laurie Lane Apartments is an 8-unit apartment complex located in the heart of Glendale, AZ. The property is located about five and half miles (little over 10 minutes) to Westgate, home of the Arizona Cardinals and one of the most vibrant commercial centers in all of the west valley. It is also approximately 15 minutes away from Arrowhead Town Center, P83, and the Peoria Sports Complex. It is halfway between Loop 101 to the west and I-17 to the east, making this an ideal location for someone who might work in any part of the valley. It is extremely central as it pertains to entertainment, shopping, and restaurant options, and allows residents to enjoy, with ease, so much of what metropolitan Phoenix has to offer. With many dining, shopping, and entertainment options, freeway access within minutes, the Laurie Lane Apartments is an attractive investment opportunity and extremely desirable property for residents to live.

6043 W Laurie Lane, Glendale

Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Glendale Multi-Family Real Estate