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6-Unit Apartment Building
For Sale
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Pending

740 E Maryland Ave, Phoenix, AZ 85014

Mixed unit layouts and sandblasted block facades create a practical multifamily configuration in Phoenix’s Uptown District.

Property SizeContact for details
Days on Market144

Property Features for 740 E Maryland Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Ross Brown Partners, Inc
Listed By: Ava Schumacher · License #SA665140000
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ross Brown Partners, Inc

Investment Insights

Based on property information with market context.

This multifamily property includes six units across two addresses, with one 2-bedroom, 2-bath single-family residence and five 1-bedroom, 1-bath apartments. Sandblasted block exteriors provide a contemporary architectural treatment, while the existing interiors offer functional occupancy-ready layouts. Additional renovation work remains available for ownership seeking to update interior finishes and shared residential areas.

The property is positioned in Phoenix’s Uptown District within North Central Phoenix. It offers proximity to the Restaurant Row area along the 7th Street Corridor, Biltmore Fashion Park, Central Phoenix, and freeway access. The surrounding area includes restaurants, cocktail bars, coffee shops, and the Madison School District, with walkable access to select neighborhood amenities.

Key Highlights

  • Six‑unit multifamily property at 734 & 740 E Maryland Ave, Phoenix, AZ 85014
  • Unit mix includes one 2‑bedroom, 2‑bath residence and five 1‑bedroom, 1‑bath apartments
  • Sandblasted block exteriors provide a contemporary facade treatment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,156
Businesses Nearby

Demographics for 85014, AZ

26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed unit layouts and sandblasted block facades create a practical multifamily configuration in Phoenix’s Uptown District.
Where is this apartment building located?
The property is located at 740 E Maryland Ave Phoenix, AZ.
What are key features of this property?
This property features: Six‑unit multifamily property at 734 & 740 E Maryland Ave, Phoenix, AZ 85014; Unit mix includes one 2‑bedroom, 2‑bath residence and five 1‑bedroom, 1‑bath apartments; Sandblasted block exteriors provide a contemporary facade treatment
(480) 362-9507 Call to check price and availability
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