2719 W MARYLAND Avenue, Phoenix, AZ 85017
Multi-Family Home 
Built in 1971 
—— sqft lot 
—— car garage 
$——/sqft 
Listed 17 days ago
Property Description
Extensively renovated 8-unit multifamily community located along the I-17 corridor in Central Phoenix. Originally constructed in 1958, the property recently underwent a comprehensive renovation program totaling more than $400,000 in capital improvements. Upgrades include replacement of all plumbing and the main sewer line, new electrical systems, a new roof, repaved asphalt, and fully renovated unit interiors, providing investors with a truly turnkey asset requiring minimal ongoing maintenance or near-term capital expenditures. The property features an attractive mix of studio, one-bedroom, and two-bedroom floorplans currently generating nearly $10,600 in gross monthly rental income, offering stable day-one cash flow with strong long-term upside. 7.82% cap rate on current financials.
- Listing Status:
- Active
- Date Added:
- June 17, 2026
- Data Last Updated:
- July 5, 2026 at 6:06AM
- Listing Office:
- Matthews Real Estate Investment Services : 310-388-0788
- Listing Agent:
- Bradley Skenderian :
- MLS ID:
- 7043158
- Parking: Paved1 Space/UnitParking spaces: 12
- Roofing: Built-Up
- General: Wood FramePaintedBlock
- Road/Access: Asphalt
- Originating MLS: Arizona Regional Multiple Listing Service 2
- School District: Glendale Union High School District
- County: Maricopa
- Zoning: R-315214014A
- Water: City Franchise
- Sewer: Public Sewer
- Source: Arizona Regional Multiple Listing Service 2
This listing courtesy of Bradley Skenderian , Matthews Real Estate Investment Services
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
