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$1,385,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 2719 W Maryland Ave

General

  • Price: $1,385,000
  • Taxes: $2,493 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7043158
  • Updated: 6/17/2026
  • Added to Site: 22 day(s) ago

Interior

  • Appliances: Built-In Range, Other, Disposal, Refrigerator, Microwave
  • Flooring: Vinyl

Parking

  • Parking Features: Paved, 1 Space/Unit

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: AMBASSADOR HTS 9-14
  • Cross Streets: Glendale and 27th Avenue

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric, Individual
  • Heating Type: See Remarks, Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame, Painted, Block
  • Roof: Built-Up
  • Year Built: 1971

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 152 x 60
  • Frontage: Asphalt
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $2,493
  • Tax Year: 2025
  • Terms: Other (See Remarks), CTL, Conventional, 1031 Exchange
  • Owner Pays: Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Legal Description: AMBASSADOR HTS PT LOT 4 E2 LOT 4 EX W 267.81' & EX S 150F & EX E 300F TH/OF & EX N 30F RD
  • Property ID: 152-14-014-A
  • Range: 2E
  • Section: 11
  • Lot Number: 4

Listed by Matthews Real Estate Investment Services

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Listing agent

— 2719 W Maryland Ave —

  • Matthews Real Estate Investment Services

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2719 W Maryland Ave

School Districts:Glendale Union High School District, Washington Elementary District
NameGradesDistance
Ocotillo School
3225 West Ocotillo Road, Phoenix, AZ 85017
K-60.6 mi
Palo Verde Middle School
7502 North 39th Avenue, Phoenix, AZ 85051
7-81.9 mi
Washington High School
2217 West Glendale Avenue, Phoenix, AZ 85021
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2719 W Maryland Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Listed
$1,385,000
103.68%
MLS
12/03/2024
Sold
$680,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2719 W Maryland Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,493
—
$19,616
-79%
2025
$2,493
2%
$94,723
-4%
2023
$2,439
1%
$98,204
46%
2022
$2,404
—
$67,460
30%
2022
$2,404
-3%
$51,707
14%
2021
$2,472
3%
$45,247
16%
2020
$2,410
2%
$38,923
12%
2019
$2,366
3%
$34,748
7%
2018
$2,304
1%
$32,545
21%
2017
$2,292
2%
$26,956
32%
2016
$2,251
6%
$20,468
32%
2015
$2,115
-2%
$15,498
2%
2014
$2,167
13%
$15,132
29%
2013
$1,914
—
$11,720
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Matthews Real Estate Investment Services

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2719 W Maryland Avenue, Phoenix, AZ 85017 (MLS# 7043158) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 2719 W Maryland Avenue is currently listed for $1,385,000 and was received on June 17, 2026. Want to learn more about 2719 W Maryland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.

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