6306 W MARYLAND Avenue, Glendale, AZ 85301
$1,100,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,100,000
Last Modified:
12/04/2025
Description
Excellent 8-unit multifamily investment located at 6306 W Maryland Ave in Glendale, AZ. This well-kept property features three separate buildings on a 14,000+ sq ft lot (0.32 acres), offering approx. 3,200 sq ft of total living space. Each unit includes 1 bedroom and 1 bathroom with rental potential of $1,100-$1,200/month. Built in 1963 and zoned R-3, the property offers ample parking and opportunity for future upgrades or expansion. Ideally situated near downtown Glendale, shopping, schools, and freeways. A strong cash-flowing asset perfect for any investor's portfolio.
More Information MLS# 6900707
Contract Info
Ownership: Other (See Remarks)
Current Price: $1,100,000
List Price: $1,100,000
Status: Active
List Date: 2025-08-02
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): ORCHARD ADD S 100' OF E 140' LOT 8 BLK 7
Assessor's Parcel #: 37
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 92801
Taxes: 1797
Legal: ORCHARD ADD S 100' OF E 140' LOT 8 BLK 7
Marketing Name: Bonita Apartmetns
House Number: 6306
Compass: W
Street Name: MARYLAND
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 3737
County Code: Maricopa
Subdivision: ORCHARD ADD BLK 6 LOT 5-10
Assessor Number: 144-13-037
Tax Year: 2024
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 14000 sq ft
Total # of Units: 8
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Year Built: 1963
Zoning: R3
Legal Info
Range: 2E
Section: 7
Township: 2N
Lot Number: 8
Project Type
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Other: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Ins Exp: 2500
Annual Landscape Exp: 1500
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 5797
Other Income: 45
Vacancy Allowance: 1
Adjusted Gross Inc: 0
Pmt & Rate Info
Cap Rate: 0.56
Equity: 1100000
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
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Window/Wall Unit: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Free-Standing Gas Oven: 1
Refrigerator: 1
Road Surface Type
Dirt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
<1 Space Per Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Hme Phn 2: 6233082909
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 8
Avg Rent: 1200
Avg SqFt: 400
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 63rd ave and Maryland
Directions: From Grand Ave (US-60), turn east on W Myrtle Ave. Continue to N 63rd Ave and turn left. Go two blocks, then turn right onto W Maryland Ave. The property is on the left at 6306 N Maryland Ave, Glendale, AZ 85301.
Geo Lat: 33.531436
Geo Lon: -112.195339
Income Expenses
Gross Annual Sch Inc: 8800
Net Operating Income: 6200
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Other
Floors: Vinyl
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Appliances Included: Free-Standing Gas Oven; Refrigerator
Heating: Natural Gas
Cooling: Ceiling Fan(s); Electric; Window/Wall Unit
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: <1 Space Per Unit
Road Surface Type: Gravel; Dirt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office:
Realty ONE Group
Last Updated: December - 04 - 2025
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