1925 W VILLAGE Drive, Phoenix, AZ 85023
New Listing
$630,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$630,000
List Date:
11/12/2025
Last Modified:
11/12/2025
Description
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.
More Information MLS# 6945651
Contract Info
Current Price: $630,000
List Price: $630,000
Status: Active
List Date: 2025-11-11
Ownership: Fee Simple
Location Tax Legal
House Number: 1925
Compass: W
Street Name: VILLAGE
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85023
Zip4: 2398
County Code: Maricopa
Assessor Number: 208-07-080-A
Tax Year: 2024
General Property Description
Lot Size Dimensions: 14,810
Year Built: 1970
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: R-3
Flood Zone: No
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Remarks Misc
Cross Street: Village Drive & 19th Avenue
Geo Lat: 33.644884
Geo Lon: -112.100678
Legal Info
Township: 4N
Range: 2E
Section: 36
Lot Number: NA
Income Expenses
Gross Annual Sch Inc: 57600
Net Operating Income: 40078
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 1100
Avg SqFt: 500
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1500
Avg SqFt: 950
# Baths: 1
Property Features
Project Type: Four Plex
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted
Roofing: Foam; Rolled
Floors: Laminate; Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Sidewalk(s)
Interior Features: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator
Heating: Individual
Cooling: Electric; Individual; Central Air
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; SRP; Individual Meter
Gas: None
Parking Features: Carport; On Street; >1 Space Per Unit; Detached Carport; Add'l Parking Avail
Road Access Type: City Street
Road Surface Type: Gravel; Asphalt; Concrete
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Combo
New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Documents
Unbranded Flyer ›Listing Office: Compass
Last Updated: November - 12 - 2025
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