1925 W VILLAGE Drive Phoenix, AZ ^$ 630,000

1925 W VILLAGE Drive

^$ 630,000

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1925 W VILLAGE Drive

Phoenix, AZ, 85023

^$ 630,000

Studio Baths0.0

Monthly Estimate*

^$ 3,930

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $630,000. This home was built in 1970.

Excellent investment opportunity in North Phoenix featuring one 2BD/1BA and three 1BD/1BA units on a 14,810 SF lot. Zoned R-3 Multifamily Medium Density with potential to add two more units—architectural plans included upon request. Built in 1970, the 2,448 SF building offers strong value-add potential through upgrades or repositioning. Includes 4-5 covered parking spaces plus additional on-site parking. Conveniently located near Deer Valley Airpark, shopping, dining, and major transit. Ideal for investors seeking rental income, owner-occupancy, or future expansion.

Multi-Family Contingent

Price

^$ 630,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,492

Style

Multiple Dwellings

Year Built

1970

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6945651

Features

General

Sewer Public Sewer

Heating Individual Electric

Cooling Central Air Electric Individual

Roof Foam Rolled/Hot Mop

Zoning R-3

Construction Materials Painted Block

Year Built 1970

Electric APS SRP Individual Meter

Township 4N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 54910.0

Community Features No Pool

County Maricopa

Net Operating Income 40078.0

Operating Expense 14832.0

Insurance Expense 3500.0

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 4000.0

Garage Y/N N

Status UCB (Under Contract-Backups)

City Phoenix

Disclosures None Development Plan Avl

High School District Deer Valley Unified District

Open Parking Spaces 4.0

Number Of Units Total 4

Carport Y/N N

Tax Annual Amount 1492.0

Electric Expense 0.0

Water Sewer Expense 3840.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active Under Contract

Occupancy Type Tenant

Elementary School District Deer Valley Unified District

Tax Lot NA

Cap Rate 6.36

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Add'l Parking Avail >1 Space Per Unit On Street Carport

Water Source Master Meter City Franchise

Total Parking 49.0

Number of Buildings 2

Spa N

Lot Dimensions 14 810

Covered Spaces 45.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1925

* Excluded Features

List By

Compass

Broker

zcoty@thecotygroup.com

Affordability Calculator

$4,055

Per Month

Monthly Principal & Interest: $3,930
Monthly Property Taxes: $124
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,214,161

Percent of Sale Price 93%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4326867 Elementary School

4327856 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/12/2025	$630,000		Listed Price

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1925 W VILLAGE Drive, Phoenix, AZ, 85023 is a Multi-Family Home for sale at $630,000. 1925 W VILLAGE Drive is a studio with 0.0 baths and was built in 1970. The property's zip code is 85023 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is 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.

Data is updated as of 12/12/2025.

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1925 W VILLAGE Drive

Multi-Family Home for sale in Phoenix, AZ

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