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:$999,000
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:July 20, 2026 at 03:13 PM
Rooms and interior
- Flooring:Concrete, Vinyl
Structure and exterior
- Year built:1952
- Construction Materials:Block, Painted
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$999,000
- Tax amount:$6,034 (2024)
Parking
- Total parking spaces:13
- Parking description:Paved
New listings near 1945 W Van Buren Street
$675,000Pending4 beds 2 baths3,627 sq. ft.15840 N 47 Street, Phoenix, AZ 85032
MLS# 7056185Listed by: KELLER WILLIAMS ARIZONA REALTY- New
$1,290,000Active4 beds 3 baths3,680 sq. ft.4502 E Sierra Sunset Trail, Cave Creek, AZ 85331
MLS# 7056174Listed by: LPT REALTY, LLC - New
$269,000Active2 beds 2 baths1,076 sq. ft.2025 E Campbell Avenue #335, Phoenix, AZ 85016
MLS# 7056169Listed by: DELEX REALTY - New
$469,990Active4 beds 3 baths1,966 sq. ft.9746 S 12th St. Street, Phoenix, AZ 85042
MLS# 7056138Listed by: DRH PROPERTIES INC - New
$440,000Active4 beds 2 baths1,363 sq. ft.5234 S 44th Place, Phoenix, AZ 85040
MLS# 7056148Listed by: REALTY ONE GROUP - New
$500,000Active3 beds 3 baths1,724 sq. ft.1919 E Tanya Road, Phoenix, AZ 85086
MLS# 7056127Listed by: REALTY EXECUTIVES ARIZONA TERRITORY - New
$499,990Active3 beds 3 baths1,983 sq. ft.9743 S 12th Street, Phoenix, AZ 85042
MLS# 7056129Listed by: DRH PROPERTIES INC - New
$279,000Active3 beds 2 baths1,110 sq. ft.2829 E Tracy Lane #4, Phoenix, AZ 85032
MLS# 7056132Listed by: AXEN REALTY, LLC - New
$1,285,000Active4 beds 5 baths2,871 sq. ft.915 W Ardmore Road #11, Phoenix, AZ 85041
MLS# 7056116Listed by: COMPASS - New
$550,000Active5 Acres36629 N 35th Avenue, Phoenix, AZ 85086
MLS# 7056082Listed by: MY HOME GROUP REAL ESTATE