Listing MLS# 6785949 Phoenix AZ Real Estate

Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Phoenix AZ real estate, Capitol Addition - Phoenix real estate for sale, Phoenix, AZ homes for sale and Phoenix real estate and Phoenix homes.

$1,295,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$1,295,000 No Recent Price Change
1945 W Van Buren Street
Phoenix, AZ 85009
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • 1952Year Built
  • 0.00Acres
  • 73 yearsEst Age
  • MLS# 6785949
  • Multifamily
  • Multiple Dwellings
  • Active

  • Approx Time on Market10 months, 12 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision Capitol Addition

Overview

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!



Agriculture / Farm

Horse:  No

Association Fees / Info

Community Features:  No Pool

Hoa:  No

Bathroom Info

Building Info

Construction Materials:  Painted, Block

Roof:  Tile

Exterior Features

Pool Private:  No

Financial

Owner Pays:  Electricity,Water

Garage / Parking

Parking Features:  Paved, On Street

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Vinyl, Concrete

Appliances:  None

Fireplace:  No

Lot Info

Lot Size:  91 x 161

Number of Buildings:  4

Other School Info

Property Info

Road Surface Type:  Asphalt

Zoning:  C3

Property Attached:  No

Tax Info

Tax Legal Description:  CAPITOL MCR 2-13 LOTS 12 13 & LOT 11 EX E 30F BLK 53 & PT VAN BUREN ST VAC LY N & ADJ TO SD LOTS & A

Tax Amount Annual:  6034

Unit Info

Total Units:  22

Utilities / Hvac

Water Source:  City Franchise

Electric:  APS

Cooling:  Yes

Cool System:  Other

Heating:  Other

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Water Front:  No

Directions

West on Van Buren to the property on the SEC of 20th and Van Buren

Listings courtesy of Jm Realty  Broker Reciprocity

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On barbarabakerrealty.com since Tue, Nov 19th 2024
No Property History recorded for this listing.
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Broker Reciprocity No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Listing Courtesy of Barbara Baker Realty LLC The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively 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. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright © 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved. Information was last updated: 10-01-2025 7:00 PM EST .

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