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2719 W Maryland Ave
Phoenix, AZ 85017 North Phoenix

$1,325,000 USD

Apartments For Sale  •  4,688 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,465 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1958
  • Cap Rate 8.18 %
  • Zoning C-2
30 Transit Score
50 Walk Score

Highlights

8-unit multifamily | Built 1958 | Extensively renovated 2025–2026
Over $400,000 in capital improvements — new roof, electrical, sewer & plumbing
Fully renovated unit interiors — turnkey asset, minimal near-term capex
Current gross rent $10,594/month | 8.18% cap rate | 100% occupied
Immediate access to I-17 | Minutes to Downtown Phoenix
Near Grand Canyon University, light rail & transit, and major employment hubs
Cap Rate: 8.18 %

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 20 min - 13.3 mi
Brad Skenderian 949-533-5594 Matthews Real Estate Investment Services
Brad Skenderian 949-533-5594 Matthews Real Estate Investment Services