1945 W Van Buren Street, Phoenix, AZ 85009
Local realty services provided by:ERA Brokers Consolidated
Listed by: joseph p mahoney
Office: jm realty
MLS#:6785949
Source:ARMLS
Price summary
- Price:$899,900
About this home
EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential:
To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset.
Don't let this rare investment opportunity slip awayact quickly, as it won't last long!...
Contact an agent
Home facts
- Year built:1952
- Subdivision & Development:CAPITOL ADDITION
- Listing ID #:6785949
- Updated:September 06, 2026 at 03:12 PM
Rooms and interior
- Bedrooms:20
- Total bathrooms:20
- Flooring:Concrete, Vinyl
Structure and exterior
- Year built:1952
- Construction Materials:Block, Painted
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$899,900
- Tax amount:$6,034 (2024)
Parking
- Total parking spaces:13
- Parking description:Paved
New listings near 1945 W Van Buren Street
- New
$739,000Active5 beds 3 baths3,034 sq. ft.1832 E Windmere Drive, Phoenix, AZ 85048
MLS# 7076727Listed by: WEST USA REALTY - New
$399,000Active2 beds 2 baths1,195 sq. ft.1030 E Villa Theresa Drive, Phoenix, AZ 85022
MLS# 7076661Listed by: LOCALITY HOMES - New
$214,900Active1 beds 1 baths685 sq. ft.4554 E Paradise Village Parkway N #263, Phoenix, AZ 85032
MLS# 7076676Listed by: REAL BROKER - New
$395,000Active3 beds 2 baths1,120 sq. ft.4219 W Sunnyside Avenue, Phoenix, AZ 85029
MLS# 7076680Listed by: REAL BROKER - New
$175,000Active0.16 Acres1846 E Adams Street #24, Phoenix, AZ 85034
MLS# 7076687Listed by: SERHANT. - New
$809,000Active4 beds 3 baths3,058 sq. ft.5422 W West Wind Drive, Glendale, AZ 85310
MLS# 7076642Listed by: COLDWELL BANKER REALTY - New
$1,450,000Active4 beds 3 baths2,824 sq. ft.5510 E Cannon Drive, Paradise Valley, AZ 85253
MLS# 7076622Listed by: RE/MAX FINE PROPERTIES - New
$300,000Active3 beds 2 baths1,148 sq. ft.8201 W Sells Drive, Phoenix, AZ 85033
MLS# 7076629Listed by: REALTY ONE GROUP - New
$375,000Active3 beds 3 baths1,480 sq. ft.15814 N 37th Drive, Phoenix, AZ 85053
MLS# 7076634Listed by: ARIZONA PREMIER REALTY HOMES & LAND, LLC - New
$515,000Active4 beds 3 baths2,663 sq. ft.9509 W Hazelwood Street, Phoenix, AZ 85037
MLS# 7076554Listed by: HOMESMART