1945 W VAN BUREN Street, Phoenix AZ 85009
$849,900
Brokerage: Ivy Realty(623) 299-4954
1 / 24Home facts
- Price
- $849,900
- Status
- Active
- Beds
- 20
- Baths
- 20
- Year built
- 1952
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- CAPITOL ADDITION
- MLS #
- 6785949
Listed by JM Realty · 480-785-5612
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
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.
Features
Roof
Tile
Sewer
Sewer - Public
Cooling
Other
Heating
Other
Electric
APS
Flooring
Vinyl, Concrete
WaterSource
City Franchise
ParkingFeatures
Paved, On Street
CommunityFeatures
No Pool
ConstructionMaterials
Painted, Block
Map
Price and status history
| Date | Change | From → To |
|---|---|---|
| Sep 14, 2026 | Price | $899,900 → $849,900 |
| Jul 28, 2026 | Price | $999,000 → $899,900 |
| Jun 10, 2026 | Price | $1,049,000 → $999,000 |
| May 6, 2026 | Price | $1,099,900 → $1,049,000 |
| Apr 7, 2026 | Status | Pending → Active |
| Mar 27, 2026 | Status | Active → Pending |
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 1211 W POLK Street | Sep 20, 2026 | $482,000 | 3/3 | 1,410 | HomeSmart |
| 317 N 20TH Avenue | Aug 9, 2026 | $346,000 | 3/2 | 1,048 | Ken Lamb & Associates |
| 2137 W WASHINGTON Street | Aug 6, 2026 | $185,000 | 2/1 | 993 | My Home Group Real Estate |
| 2306 W Jefferson Street | Aug 6, 2026 | $200,000 | 2/1 | 800 | Cambridge Properties |
| 2221 W WASHINGTON Street | Jul 21, 2026 | $395,000 | 4/2 | 1,785 | eXp Realty |
| 429 N 20TH Avenue | Jul 21, 2026 | $250,000 | 3/1 | 873 | RE/MAX Premier |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).