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Downtown Glendale Multifamily Home for Sale

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    $1,198,000

    7117 N 54th Ave, Glendale, AZ 85301

    Opportunity knocks in Glendale! This 6-unit multifamily features spacious with strong cash flow and tons of upside. With a little TLC, there's big value to unlock. Located near major employers, schools, and Westgate—this is prime positioning in a hot rental market.Cash flow now. Add value later. Win both ways.

    Jonathon Shoecraft AXIS Real Estate

    7117 N 54th Ave, Glendale, AZ 85301

Why Live in Downtown Glendale

Downtown Glendale is a neighborhood known for its walkable streets leading to Historic Downtown Glendale and an active local government. The ongoing downtown campus reinvestment project, set to complete by Spring 2025, aims to renovate City Hall, the amphitheater, and Murphy Park, enhancing the area for events. Residents enjoy a variety of family-owned restaurants along West Glendale Avenue, such as Bitz-ee Mama’s for Mexican cuisine, Haus Murphy’s for German fare, and La Piazza Al Forno for Neapolitan pizza. Shopping options include eclectic boutiques like Retail Therapy AZ and Auntie Em's and Smilin' Jack's Pedal Cars, with additional boutique shopping available in the Historic Catlin Court Retail District. For groceries, locals frequent GS Supermarket or Food City. Annual events like Glendale Glitters, a holiday light display, and the Hometown Christmas parade bring the community together, while the Downtown Glendale Arts and Culture Festival in March supports local artists and musicians. Homes in Downtown Glendale are typically Spanish Revival bungalows with neutral stucco facades, featuring fenced-in front yards and drought-tolerant landscaping. The neighborhood offers practical amenities such as the Velma Teague Library at Murphy Park, currently under renovation. For outdoor activities, residents can visit Sahuaro Ranch Park, located 3 miles north. The neighborhood is well-connected with sidewalks and bus stops operated by Valley Metro, and State Route 60 provides access to Downtown Phoenix, 9 miles southeast.

Home Trends in Downtown Glendale, AZ

Housing Trends

Median Sale Price
$320,000
Median Single Family Sale Price
$325,000
Median Townhouse Sale Price
$319,999
Average Price Per Sq Ft
$257
Number of Homes for Sale
5
Last 12 months Home Sales
7
Months of Supply
8.60
Median List Price
$325,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
12%
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