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

Overview

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.

Listing Details MLS# 6900707

Location, Tax & Legal

House Number
6306
Compass
W
Street Name
MARYLAND
St Suffix
Avenue
City/Town Code
Glendale
State/Province
AZ
Zip Code
85301
Zip4
3737
Country
US
County Code
Maricopa
Subdivision
ORCHARD ADD BLK 6 LOT 5-10
Assessor Number
144-13-037
Tax Year
2024
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

Contract Info

Ownership
Other (See Remarks)

General Property Description

Lot Size Dimensions
14000 sq ft
Year Built
1963
Uncvrd Parking Spcs
8
Total # of Units
8
# of Buildings
3
Zoning
R3
Elementary School District
Glendale Elementary District
High School District
Glendale Union High School District

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.

Legal Info

Township
2N
Range
2E
Section
7
Lot Number
8

Income Expenses

Gross Annual Sch Inc
8800
Net Operating Income
6200

More Information

Showing Notification Methods

Showing Service
Aligned Showings

1 Bedroom Units

# 1 Bedroom Units
8
Avg Rent
1200
Avg SqFt
400
# Baths
Yes

Contact Info

List Agent Hme Phn 2
6233082909

Project Type

5 - 12 Units
Yes

Construction

Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Other
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

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

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes
Window/Wall Unit
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Free-Standing Gas Oven
Yes
Refrigerator
Yes

Road Surface Type

Dirt
Yes
Gravel
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

<1 Space Per Unit
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
1031 Exchange
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

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
IDX
Listing Office: Realty ONE Group
Last Updated: December - 04 - 2025
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