1945 W Van Buren Street, Phoenix, AZ 85009
Local realty services provided by:HUNT Real Estate ERA
Listed by:joseph p mahoney
Office:jm realty
MLS#:6785949
Source:ARMLS
Price summary
- Price:$1,295,000
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
- Listing Id #:6785949
- Updated:August 10, 2025 at 02:51 PM
Structure and exterior
- Year built:1952
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$1,295,000
- Tax amount:$6,034 (2024)
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