MAJOR PRICE REDUCTION - Priced to sell at $12,500,000, just reduced $1,410,000. Rare opportunity to acquire a newly built prime multifamily investment property in the growing community of Glendale, AZ. Situated on 2.1 acres, project consists of 17 two-story duplexes, totaling 34 rental apartment units. Construction was completed in 2026. Highlights include: • Newly constructed multifamily community • 17 two-story duplex buildings with total 34 rental apartment homes • 22 - 2BR, 2BA units averaging appx. 842 SF • 12 - 3BR, 2BA units averaging appx. 1,040 SF • Situated on 2.1 acres • Separately
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current five-or-more-bedroom homes in Glendale. Its asking price falls near the 96th percentile of that active group. The comparison uses 137 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $347,400, and the median is $254 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 6107 W KEIM Drive, Glendale, AZ 85301 | Jun 12, 2026 | 3 bd · 1,263 sqft | $335,000 | 0.2 mi |
| 6141 W BERRIDGE Lane, Glendale, AZ 85301 | Sep 30, 2026 | 4 bd · 1,860 sqft | $380,000 | 0.2 mi |
| 6124 W KEIM Drive, Glendale, AZ 85301 | Aug 11, 2026 | 3 bd · 1,110 sqft | $360,000 | 0.2 mi |
| 6013 W CLAREMONT Street, Glendale, AZ 85301 | Apr 17, 2026 | 4 bd · 1,336 sqft | $344,900 | 0.2 mi |
| 6239 W CLAREMONT Street, Glendale, AZ 85301 | Jul 30, 2026 | 4 bd · 1,502 sqft | $265,000 | 0.4 mi |
| 6310 W BERRIDGE Lane, Glendale, AZ 85301 | May 29, 2026 | 3 bd · 1,396 sqft | $349,900 | 0.4 mi |
| 6201 W CITRUS Way, Glendale, AZ 85301 | Jul 27, 2026 | 3 bd · 1,140 sqft | $340,000 | 0.4 mi |
| 5722 N 62nd Drive, Glendale, AZ 85301 | Sep 24, 2026 | 3 bd · 1,665 sqft | $406,000 | 0.5 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.