$1,150,000

7508 W Orangewood Ave Glendale, AZ 85303

Estimated payment $6,201/month

Total Views 72
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Board and Batten Siding
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

Don't miss this rare opportunity to own a 7-unit, income-producing multi-family property situated on a prime corner lot in a quiet Glendale neighborhood. This NO-HOA property features seven efficiency units, including two recently renovated units. All units are fully occupied, providing immediate cash flow. The expansive lot offers exceptional redevelopment potential, with possibilities for additional units or future commercial use. Located just minutes from the Glendale Sports & Entertainment District, home to the Arizona Cardinals, the highly anticipated multi-billion-dollar VAI Resort, and additional developments. Bring your development ideas and transform this property's potential into reality. Buyer to verify all zoning and uses with Maricopa County.

Listing Agent

Isaac Abedu Kennedy

R & S PREMIER HOMES Brokerage Phone: 480-253-0071 License #SA687420000 Listed on: 11/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1955

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Board and Batten Siding
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Free Parking

Schools

  • Glendale High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Heating System

Listing and Financial Details

  • Assessor Parcel Number 142-24-002-B

Community Details

Overview

  • 7 Units
  • Building Dimensions are 25,134

Building Details

  • Operating Expense $17,644
  • Gross Income $78,090
  • Net Operating Income $82,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 75th Avenue & Northern
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2024
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Const - Finish Board Batten Siding: Yes
  • Water Source City Franchise2: Yes
  • Const - Finish Vinyl Siding: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Free-Standing Electric Oven
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Vinyl Siding, Board & Batten Siding, Wood Frame, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features Free2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Fuel Expense: 5200.0
  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 1125.0

Schools

  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 25,134
  • Additional Parcels: No
  • Parcel #: 142-24-002-B

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Landscaping
  • Number Of Units Total: 7
  • Electric Expense: 6000.0
  • Annual Gross Income: 78090.0
  • Insurance Expense: 2593.0
  • Property Net Operating Income: 82200.0
  • Annual Operating Expense: 17644.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1526.0
  • Tax Book Number: 142.00
  • Tax Lot: 0

Map

Range of Values:

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Value Increase
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Percent Increase
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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $1,150,000 +81.1% --
01/31/2025 01/31/25 Sold $635,000 -12.4% $620 / Sq Ft View Prior Sale
01/31/2025 01/31/25 Price Changed $725,000 0.0% $707 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/21/2024 12/21/24 For Sale $725,000 +14.2% $707 / Sq Ft
12/21/2024 12/21/24 Off Market $635,000 -- --
12/17/2024 12/17/24 Price Changed $725,000 -3.3% $707 / Sq Ft
11/26/2024 11/26/24 Price Changed $749,990 -3.2% $732 / Sq Ft
11/13/2024 11/13/24 For Sale $775,000 +257.1% $756 / Sq Ft
12/14/2015 12/14/15 Sold $217,000 -19.6% $212 / Sq Ft View Prior Sale
10/28/2015 10/28/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $270,000 -- $263 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6948581

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Glendale 85303

7508 W Orangewood Ave, Glendale, AZ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Isaac Abedu Kennedy
Listing Agent
Isaac Abedu Kennedy
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R & S PREMIER HOMES
(623) 552-4553