521 W Maryland Avenue Phoenix, AZ ^$ 1,075,000

521 W Maryland Avenue

^$ 1,075,000

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521 W Maryland Avenue

Phoenix, AZ, 85013

^$ 1,075,000

Studio Baths0.0

Monthly Estimate*

^$ 6,707

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,075,000. This home was built in 1954.

Built in 1954 and fully renovated in 2021, Malibu on Maryland is comprised of (2) one-bedroom one-bathroom and (2) two-bedroom one-bathroom floorplans covering an average of ±794 square feet. All units have been renovated with interior upgrades including new appliances, countertops, cabinets, flooring, fixtures, hardware and individual washer/dryers.

Multi-Family Active

Price

^$ 1,075,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,241

Style

Multiple Dwellings

Year Built

1954

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6905306

Features

General

Sewer Public Sewer

Heating Electric

Cooling Electric

Roof Composition

Zoning R-3

Construction Materials Painted Block

Year Built 1954

Electric SRP Individual Meter

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 74276.7

Community Features No Pool

County Maricopa

Net Operating Income 55228.0

Operating Expense 21846.0

Insurance Expense 1674.0

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 3600.0

Garage Y/N N

Status Active

City Phoenix

Disclosures None

Open Parking Spaces 4.0

Number Of Units Total 4

Lot Size Square Feet 0.0

Carport Y/N N

Tax Annual Amount 2241.0

Electric Expense 6040.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Lot 1

Cap Rate 4.6

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features >1 Space Per Unit

Water Source Master Meter

Total Parking 8.0

Lot Size Area 0.0

Number of Buildings 1

Spa N

Lot Dimensions 12239 SF

Lot Size Acres 0.0

Covered Spaces 4.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 521

* Excluded Features

List By

Marcus & Millichap

Broker

adam.saylor@marcusmillichap.com

Affordability Calculator

$6,893

Per Month

Monthly Principal & Interest: $6,707
Monthly Property Taxes: $187
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,164,455

Percent of Sale Price 8%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/13/2025	$1,075,000	-2.27%	Price Down
9/29/2025	$1,100,000	-4.35%	Price Down
9/16/2025	$1,150,000	-4.17%	Price Down
8/13/2025	$1,200,000		Listed Price

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521 W Maryland Avenue, Phoenix, AZ, 85013 is a Multi-Family Home for sale at $1,075,000. 521 W Maryland Avenue is a studio with 0.0 baths and was built in 1954. The property's zip code is 85013 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/5/2025.

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521 W Maryland Avenue

Multi-Family Home for sale in Phoenix, AZ

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