5520 W Palmaire Avenue, Glendale, AZ 85301

$480,000

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Sold Price
$480,000
List Price
$500,000
Closing Date
May 23, 2025
Days on Market
113
Status
CLOSED
MLS#
6816640
City
Glendale
Subdivision
Park Addn 16-19
Year Built
1957

Property Description

Prime Investment Opportunity in Glendale! This unique triplex is just minutes from downtown Glendale and the charming Caitlin Court Historic District. Offering a mix of unit sizes—one 1-bedroom, one 2-bedroom, and one 3-bedroom—this property provides excellent rental flexibility. One unit is a standalone home, while the other two are connected, adding to the character and appeal. Currently, one unit is leased through 5/31/2025, ensuring immediate income. Don't miss your chance to own a distinctive, income-generating property in a highly desirable location.

Additional Information

Elementary School
Glendale Landmark School
High School
Glendale High School
Middle School
Glendale Landmark School
Community Features
No Pool
Construction
Wood Frame, Painted
Cooling
Central Air, Electric, Ceiling Fan(s)
Electric
SRP
Flooring
Ceramic Tile
Heating
Electric
New Financing
Wraparound, Conventional, 1031 Exchange, Owner May Carry, Cash
Parking Features
Carport
Roofing
Composition
Subdivision
Park Addn 16-19
Taxes
$1,252
Tax Year
2024
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection, Cable TV, Landscaping
Units
3
Water
Individual Meter
Zoning
C-2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Best Move Real Estate. Selling Office: Uncommon Realty International.

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.