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$899,900
6785949 MLS
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!

1945 W Van Buren Street, Phoenix

Listing courtesy of Listing Agent: Joseph P Mahoney (480-433-5792) from Listing Office: JM Realty.

$240,000
3 Beds 1 Baths 6607782 MLS
This vintage 3 BR, 1 Bath 1931 Bungalow style home in this coveted Downtown Capital district neighborhood is now vacant, and ready for a creative HGTV-ish dream renovation project! The location is PERFECT, just a one block walk from the Capital government buildings. And close to the entertainment, sporting venues, and dining options downtown has to offer. The home was recently inhabited by long-term tenants who could walk to work! This property is a true Diamond in the rough, waiting for your vision to transform it to stand out like the many other homes on this street that have been beautifully redone and made into family homes, multi-unit housing, or cozy Airbnb rentals. Oh, and it has a partial unfinished basement, and a loft just above the basement area. Both of which could be gorgeously transformed into a home office, den, or additional bedroom. AND...there is a historic World War 2 era underground bomb shelter in the backyard! The prior tenants actually found some WWII serviceman photos down there, along with a few other historic artifacts! This home is truly special, and was in the same family since the 1930's! ***Note that the home is priced to sell as-is; as the Representative for the Estate can make no renovations. Also, please no lowball offers, as the Estate Representative has obtained a solid appraisal that was conducted in Feb. 2023 for the required probate process.

2013 W Jefferson Street, Phoenix

Listing courtesy of Listing Agent: Ennise Williams (480-239-1321) from Listing Office: Realty ONE Group.

Selling Office: Realty ONE Group.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,

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