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For sale
    • $1,385,000

    2719 W MARYLAND Avenue, Phoenix, AZ 85017

    9beds
    8baths
    4,465sqft
    : 
    $8,413/mo
    Get pre-qualified
    Multi Family
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $310/sqft
    $-- HOA

    What's special

    Fully renovated unit interiorsRepaved asphaltNew roof
    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.
    42 days
    |
    222
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradley Skenderian 949-533-5594,

    Matthews Real Estate Investment Services

    Source: ARMLS,MLS#: 7043158MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 8
      Heating
      • See Remarks, Electric
      Cooling
      • Electric, Individual
      Appliances
      • Included: Built-In Range, Other, Disposal, Refrigerator, Microwave
      Features
      • Flooring: Vinyl
      Interior area
      • Total structure area: 4,465
      • Total interior livable area: 4,465 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: Paved, 1 Space/Unit
      • Uncovered spaces: 12
      Lot
      • Size: 9,120 Square Feet
      • Dimensions: 152 x 60
      Details
      • Parcel number: 15214014A
      • Zoning: R-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Painted, Block
      • Roof: Built-Up
      Condition
      • Year built: 1971

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: AMBASSADOR HTS 9-14
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $310/sqft
      • Tax assessed value: $742,200
      • Annual tax amount: $2,493
      • Date on market: 6/17/2026
      • Cumulative days on market: 42 days
      • Listing terms: Other (See Remarks),Conventional,1031 Exchange
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Listed for sale$1,385,000+103.7%$310/sqft
        Source: ARMLS #7043158 Report a problem
        12/20/2025Listed for rent$1,450
        Source: Zillow Rentals Report a problem
        12/20/2025Listing removed$1,450
        Source: Zillow Rentals Report a problem
        5/23/2025Listed for rent$1,450+38.8%
        Source: Zillow Rentals Report a problem
        5/22/2025Listing removed$1,045
        Source: Zillow Rentals Report a problem
        5/13/2025Price change$1,045-4.6%
        Source: Zillow Rentals Report a problem
        5/11/2025Listed for rent$1,095
        Source: Zillow Rentals Report a problem
        12/3/2024Sold$680,000-15%$152/sqft
        Source: ARMLS #6779505 Report a problem
        12/2/2024Pending sale$800,000$179/sqft
        Source: ARMLS #6779505 Report a problem
        11/4/2024Listed for sale$800,000+50.9%$179/sqft
        Source: ARMLS #6779505 Report a problem
        1/27/2020Sold$530,000+186.5%$119/sqft
        Source: Public Record Report a problem
        10/31/2012Sold$185,000+97.9%$41/sqft
        Source: ARMLS #4719746 Report a problem
        3/9/2011Sold$93,500-15%$21/sqft
        Source: Public Record Report a problem
        11/15/2010Listed for sale$110,000-68.6%$25/sqft
        Source: NRT Arizona #4492502 Report a problem
        5/9/2006Sold$350,000+40%$78/sqft
        Source: Public Record Report a problem
        5/3/2004Sold$250,000+66.7%$56/sqft
        Source: Public Record Report a problem
        2/11/1998Sold$150,000+50%$34/sqft
        Source: Public Record Report a problem
        2/15/1995Sold$100,000$22/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,457 +2.1%$94,259 -3.8%
        2024$2,407 +0.1%$98,014 +432%
        2023$2,406 +0.1%$18,423 -63.8%
        2022$2,404 -0.2%$50,852 +12.4%
        2021$2,410 +1.9%$45,247 +16.2%
        2020$2,366 +2.7%$38,923 +12%
        2019$2,304 $34,748 +6.8%
        2018$2,304 +0.5%$32,545 +20.7%
        2017$2,292 +8.4%$26,956 +31.7%
        2016$2,115 -2.4%$20,468 +32.1%
        2015$2,167 $15,498 +32.2%
        2013-- $11,720 +4.3%
        2012-- $11,238 -68.7%
        2011-- $35,888 -16.1%
        2010-- $42,769 -6.3%
        2009-- $45,635 +21.6%
        2008-- $37,530 +10.9%
        2007-- $33,832 +12.8%
        2006-- $29,983 +0.2%
        2005-- $29,926 +0.9%
        2004-- $29,671 +3.9%
        2002-- $28,567
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Alhambra

        Getting around

        51 / 100
        Somewhat Walkable
        40 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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