AZ
Maricopa
Phoenix
85017
2719 W MARYLAND Avenue
2719 W MARYLAND Avenue, Phoenix, AZ 85017
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Listing Type
Multi Family
Listing Status
Active
14
$1,385,000

Home Details for 2719 W MARYLAND Avenue

Price
$1,385,000
Type
Residential Income
Year built
1971
County
Maricopa
Listing #
7043158
Listing Courtesy: Matthews Real Estate Investment Services - 310-388-0788
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.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • See Remarks
    • Electric
  • Water Features
    • Public
  • Parking
    • Paved
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Last Updated: 2026-06-30 14:20:22
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EXIT REALTY COANNAH
610 N. Alma School Rd #18, Chandler, AZ 85224
Megan Strom
License #: SA702324000
Sales Representative
Office
480 284 6283
Agent
253 861 6014
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