$635,000
Glendale, AZ 85301
MLS# 6970129
1 / 37
Property Description
7143 N 66th Drive consists of three 2-bed/1-bath units and one 1-bed/1-bath unit. Two units were recently vacated in December 2025, creating a strong value-add opportunity for investors to renovate and increase rents, or for an owner-occupant to move in and lease the remaining units. Several comparable sales on the same street have closed between $665,000 and $730,000. The property offers a projected annual income of approximately $60,000 ($5,000 per month).
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $635,000
List Price: $635,000
Status: Active
List Date: 2026-01-16
Location, Tax & Legal
Assessor's Map #: 29
Legal Description (Abbrev): LOT 16 PECAN RIDGE ONE LOT 1-18 TR A MCR
Assessor's Parcel #: 34
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 92600
Taxes: 1545
Legal: LOT 16 PECAN RIDGE ONE LOT 1-18 TR A MCR
Marketing Name: Glendale Value-Add 4Plex
House Number: 7143
Compass: N
Street Name: 66TH
St Suffix: Drive
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 2376
County Code: Maricopa
Subdivision: PECAN RIDGE ONE LOT 1-18 TR A
Assessor Number: 143-29-034
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 0.161 acres / 7,004 sqft
Total # of Units: 4
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Year Built: 1984
Zoning: R-3
Legal Info
Range: 2E
Section: 6
Township: 2N
Lot Number: 16
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 432
Annual Ins Exp: 1500
Annual Maint Exp: 5000
Annual Wtr/Swr Exp: 3000
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 11477
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 57000
Pmt & Rate Info
Cap Rate: 7.17
Equity: 635000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Central: 1
Cooling
Electric: 1
Tenant Pays
Electricity: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Electric
City Electric: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
No Carry: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1000
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1250
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 67th Avenue & Glendale
Geo Lat: 33.541418
Geo Lon: -112.201351
Income Expenses
Gross Annual Sch Inc: 60000
Net Operating Income: 45523
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer
Heating: Central
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: None
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Lockbox Type: Combo
New Financing: Cash; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Compass
Last Updated: January - 17 - 2026
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