Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$950,000
Last Modified:
11/19/2025
Search
6324 W MARYLAND Avenue, Glendale, AZ 85301
$950,000
Description
Unit mix of three one-bedroom /one-bath units, one one-and-a-half-bed / one-bath unit, two two-bedroom /one-bath units, and one three-bedroom / two-bath unit. Ease of management. Although the building has undergone partial upgrades, there remains significant potential for investors to enhance the property further through strategic renovations. Short term seller financing options are also available.
More Information MLS# 6918808
Contract Info
Ownership: Fee Simple
Current Price: $950,000
List Price: $950,000
Status: Active
List Date: 2025-09-12
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): ORCHARD ADD PT LOT 8 BLK 7 E 70' OF W 80' OF E 280' OF S2 S2
Assessor's Parcel #: 35
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 92801
Taxes: 2551
Legal: ORCHARD ADD PT LOT 8 BLK 7 E 70' OF W 80' OF E 280' OF S2 S2
Marketing Name: Maryland Apartments
House Number: 6324
Compass: W
Street Name: MARYLAND
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 3700
County Code: Maricopa
Subdivision: ORCHARD ADD BLK 6 LOT 5-10
Assessor Number: 144-13-035-A
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 156.39x69.95
Total # of Units: 7
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Year Built: 1962
Zoning: R-3
Legal Info
Range: 2E
Section: 7
Township: 2N
Lot Number: 8
Project Type
5 - 12 Units: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Other: 1
Sale Includes
Building(s) Only: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2551
Other Income: 1050
Vacancy Allowance: 0.05
Adjusted Gross Inc: 93337.5
Pmt & Rate Info
Cap Rate: 6.66
Equity: 980000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Individual: 1
Cooling
Central Air: 1
Individual: 1
Exterior Amenities
Desert Landscaping: 1
Tenant Pays
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Gas Oven: 1
Microwave: 1
Refrigerator: 1
Road Surface Type
Asphalt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 1050
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1300
Avg SqFt: 800
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1450
Avg SqFt: 1300
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.531504
Geo Lon: -112.19588
Income Expenses
Gross Annual Sch Inc: 97200
Net Operating Income: 65227
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Stucco
Roofing: Composition
Floors: Other
Sale Includes: Building(s) Only
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Appliances Included: Free-Standing Gas Oven; Refrigerator; Dishwasher; Disposal; Microwave
Heating: Individual
Cooling: Individual; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas
Parking Features: >1 Space Per Unit
Road Surface Type: Gravel; Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner; Projected Proforma
Lockbox Type: None
New Financing: Cash; Conventional; Owner May Carry
Environmental: None
Listing Office:
ABI Multifamily
Last Updated: November - 19 - 2025
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