1945 W VAN BUREN Street Phoenix, AZ $ 1,199,900
1945 W VAN BUREN Street
$ 1,199,900
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1945 W VAN BUREN Street

Phoenix, AZ, 85009
$ 1,199,900
Baths0.0

Monthly Estimate*

$ 7,486

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View a Virtual Tour
Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,199,900. This home was built in 1952.

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!

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Multi-Family Active

Price

$ 1,199,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,034

Style

Multiple Dwellings

Year Built

1952

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6785949

Features
General
Sewer Public Sewer
Heating Other
Cooling Other
Roof Tile
Zoning C3
Construction Materials Painted Block
Year Built 1952
Electric APS
Township 1N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 0.0
Community Features No Pool
County Maricopa
Net Operating Income 0.0
Operating Expense 6034.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name CAPITOL ADDITION
Garage Y/N N
Status Active
Directions West on Van Buren to the property on the SEC of 20th and Van Buren
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 9.0
Number Of Units Total 22
Carport Y/N N
Tax Annual Amount 6034.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://home.quickpictours.com/videos/019345bf-4620-70e1-83ea-cd142618e830
Standard Status Active
Occupancy Type Vacant
Elementary School District Phoenix Elementary District
Tax Lot 11
Senior Community N
New Financing: Cash True
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Interior
Flooring Vinyl Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved On Street
Water Source City Franchise
Total Parking 13.0
Number of Buildings 4
Spa N
Lot Dimensions 91 x 161
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1945
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* Excluded Features
List By
Jm Realty

Broker

joseph.mahoney@jmrealty.net

Email

Affordability Calculator

$7,989
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$503
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$1,199,900 -4.00% Price Down
9/24/2025$1,249,900 -3.48% Price Down
5/7/2025$1,295,000 -4.07% Price Down
3/5/2025$1,350,000 -3.23% Price Down
1/24/2025$1,395,000 -6.69% Price Down
12/20/2024$1,495,000 -2.61% Price Down
11/19/2024$1,535,000 Listed Price

Map


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1945 W VAN BUREN Street, Phoenix, AZ, 85009 is a Multi-Family Home for sale at $1,199,900. 1945 W VAN BUREN Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 85009 which is in Phoenix, AZ