7162 North 57th Avenue

The Glendale submarket has continued to experience strong population growth, increasing housing demand, and steady investor interest driven by its affordability and central connectivity within the greater Phoenix metropolitan area. Located with convenient access to major transportation corridors including Interstate 10, Loop 101, and Grand Avenue, the area provides efficient connectivity to Downtown Phoenix, Glendale, the West Valley, and several major employment centers throughout the region. Glendale has become increasingly attractive to investors seeking workforce housing and value-add multifamily opportunities as rental demand continues to outpace available housing inventory across the Valley. Rising homeownership costs and continued in-migration into the Phoenix MSA have further strengthened demand for attainable rental product, particularly within smaller multifamily properties that offer lower barriers to entry and operational flexibility.7162 N 57th Avenue is a well-located small multifamily asset situated within an established Glendale neighborhood. The property consists of three residential units with a varied unit mix that includes one three-bedroom unit, one two-bedroom unit, and one studio unit, creating diversified rental appeal and income potential. The asset is currently operated with partial occupancy, allowing future ownership flexibility to pursue lease stabilization, strategic renovations, or operational improvements. The property’s PAD zoning also provides added flexibility compared to traditional multifamily zoning designations, creating potential for alternative use concepts or live-work functionality depending on ownership objectives. With attainable pricing and long-term upside potential, 7162 N 57th Avenue presents an opportunity for investors seeking a manageable multifamily asset within a high-demand workforce housing market.