6118 W MORTEN Avenue, Glendale, AZ 85301 (MLS# 6977193)

6118 W MORTEN Avenue, Glendale, AZ 85301

$849,000
Property Type: Multiple Dwellings Status: Active
Current Price: $849,000 Last Modified: 4/30/2026

Overview

Description

Investor Opportunity! Large 2 bed/1.5bath units with ensuite laundry, private yards and more. All 4 units are rented on 1 year lease, with staggering expirations. Close to A-rated schools, shopping, amenities and commuter highways. Great cashflow and stable operations.

Listing Details MLS# 6977193

Location, Tax & Legal

House Number
6118
Compass
W
Street Name
MORTEN
St Suffix
Avenue
City/Town Code
Glendale
State/Province
AZ
Zip Code
85301
Zip4
1250
Country
US
County Code
Maricopa
Subdivision
JUSTIN WAYNE PHASE 1
Assessor Number
143-39-036
Tax Year
2025
Assessor's Map #
39
Legal Description (Abbrev)
LOT 5 JUSTIN WAYNE PHASE 1 MCR 025819
Assessor's Parcel #
36
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
92600
Taxes
2141
Legal
LOT 5, JUSTIN WAYNE PHASE I, MCR 025819
Marketing Name
MORTEN 4-PLEX

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
9548
Year Built
1984
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
Yes
Zoning
R-3
Elementary School District
Glendale Elementary District
High School District
Glendale Union High School District
Elementary School
Glendale American School
Jr. High School
Glendale American School

Remarks Misc

Cross Street
59th Ave & Northern

Legal Info

Township
2N
Range
2E
Section
6
Lot Number
5

Income Expenses

Gross Annual Sch Inc
85920
Net Operating Income
75226.51

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
956
Avg SqFt
1044
# Baths
15

Project Type

Four Plex
Yes

Other Type

Packaged Offering
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
400
Annual Ins Exp
2500
Annual Landscape Exp
1200
Annual Mgmt Exp
2400
Annual Wtr/Swr Exp
4800
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
13441
Other Income
0
Vacancy Allowance
0.02
Adjusted Gross Inc
84201.6

Pmt & Rate Info

Cap Rate
8.37
Equity
899000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes

Exterior Amenities

Desert Landscaping
Yes
Curb(s) & Gutter(s)
Yes
Patio/Balcony
Yes
Separate Storage
Yes

Interior Features

Vertical Blinds
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Landscaping
Yes

New Financing

Conventional
Yes
Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Other Type: Packaged Offering Construction: Wood Frame Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Curb(s) & Gutter(s); Patio/Balcony; Separate Storage Interior Features: Vertical Blinds; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: 1 Space/Unit Road Access Type: Dedicated Street Road Surface Type: Asphalt Owner Pays: Water; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner; Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; Other (See Remarks) Environmental: None
IDX
Listing Office: XCD Realty & Property Mgmt
Last Updated: April - 30 - 2026
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