Properties

Glendale, AZ 85301 7338 N 43rd Avenue

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Presented By: Marcus & Millichap; 602-687-6700
  • MLS# 6899094
  • 07/30/2025
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Home Details

Concept at 43rd Ave is a 20-unit townhome community located southwest of the intersection of 43rd & Orangewood Avenues offering immediate mobility through the adjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyle and economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by ยฑ412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center. The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus. Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.
Presented By: Marcus & Millichap; 602-687-6700

Interior Features for 7338 N 43rd Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringCarpet, Vinyl
Heating Y/NYes

General for 7338 N 43rd Avenue

Additional Parcels Y/NYes
Attached Garage No
Cap Rate5.27
Carport Y/NNo
CityGlendale
Community FeaturesPool
Construction MaterialsWood Frame, Painted, Stucco
CoolingIndividual
CountyMaricopa
DisclosuresNone
ElectricSRP
Electric Expense8520.0
Garage Y/NNo
Gross Income356746.92
HeatingIndividual
Insurance Expense15898.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense10000.0
MobileHomeRemainsYNNo
Net Operating Income226399.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total20
Open Parking Spaces42.0
Operating Expense132168.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition, Tile
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount14107.0
Tax Lot14
Tax Year2025
Year Built1983
ZoningR-3

Exterior for 7338 N 43rd Avenue

Covered Spaces40.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions18400
Number of Buildings13
Parking Features>1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking82.0
Water SourceCity Franchise

Additional Details

Price History

Connect Realty

Price $4,300,000
MLS#6899094
List Date 07/30/2025
Property Type Multi-Family
Phone 888.795.6274
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The Woodlands, TX 77380
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