$10,000 Closing Credit¹
#6790948, Steve Russell, Listing Office: Keller Williams Arizona Realty
#6785949·
Listing Office: JM Realty·
Listing Agent: Joseph P Mahoney·
Listing Office Phone: 480-785-5612
$10,000
closing credit¹
1945 W Van Buren St Phoenix, AZ 85009
$1,395,000 List price
$10,000
Closing credit¹
House
Property details
About 1945 W Van Buren St
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!
Highlights
Home typeOther
HeatingOther
StatusActive
CoolingOther
Lot size0 Acres
Year built1952
ParkingPaved Parking, Street Parking
MLS #6785949
Summary
- MLS Number: 6785949
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: JM Realty
- Office Phone: (480) 785-5612
- Office Email: joseph.mahoney@jmrealty.net
- Listing Agent: Joseph P Mahoney
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 9:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,395,000
1945 W Van Buren St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 05, 2021 | Home Sold | $955,000 |
| Jan 04, 2021 | Home Sold | $800,000 |
| Jul 31, 2014 | Home Sold | $110,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $110,780 | $5,975 |
| 2023 | $- | $2,318 |
| 2022 | $78,804 | $4,141 |
| 2020 | $74,304 | $4,189 |
| 2019 | $59,454 | $3,425 |
| 2017 | $27,390 | $3,346 |
History based on county public records data.
Nearby schools
8
Vista College Preparatory
Public Charter KG-5
1.4 mi
•812 S 6th Ave
2
J. B. Sutton Elementary School
Public District KG-5
1.5 mi
•1001 N 31st Ave
2
Esperanza Elementary School
Public District KG-5
1.7 mi
•3025 W McDowell Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,403. Most Phoenix, AZ residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
81%
<35k
17%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
18%
Single, with Kids
12%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1945 W Van Buren St
This home is located at 1945 W Van Buren St in Phoenix, AZ and zip code 85009 in the Central City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $1,395,000.
In January 2025, from all listings sold in Phoenix, AZ there were more than 128 sold above asking price, over 583 sold below and more than 242 were sold right at the asked price. In January 2025 in Phoenix, AZ there were 12.9% more homes for sale than in December. While the average time on the market in January 2025 was 74 days, the median list price was $455,485.
From Rocket Homes Real Estate and based on county public records data.