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1925 W Village Dr - Village Drive Fourplex 4 Unit Apartment Building Offered at $630,000 at a 6.36% Cap Rate Phoenix, AZ 85023
INVESTMENT HIGHLIGHTS
- Development Potential (Additional 2 Units) Site plan upon request
- Diverse Unit Mix
- Strong North Phoenix Location
- Value-Add Rental Upside
- Covered Parking
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
- Freezer
- Patio
- Porch
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $1,125 | 500 |
| 2+1 | 1 | $1,498 | 950 |
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1925 W Village Dr - Village Drive Fourplex
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