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For sale
  • Price cut: $20K (7/15)
    $2,530,000

    1942 W Berridge Ln, Phoenix, AZ 85015

    24beds
    6baths
    10,800sqft
    : 
    Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $234/sqft
    $-- HOA

    What's special

    Modern finishesLarge open floor plansContemporary interiorsUpgraded kitchensIn-unit washer and dryersPrivate in-home laundry
    ABI Multifamily is proud to present the exclusive offering of Lamego Palms—a fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity delivers immediate cash flow and substantial long-term upside in one of the city's most dynamic and accessible submarkets. Lamego Palms features spacious, thoughtfully updated 2-bedroom, 1-bathroom units, each spanning approximately 900 square feet. Every residence is outfitted with modern finishes, upgraded kitchens and bathrooms, and in-unit washer and dryers—premium amenities that elevate tenant satisfaction and support strong retention. Residents enjoy the comfort of large, open floor plans, private in-home laundry, and contemporary interiors that feel like home from day one.
    84 days
    on Zillow
    |
    281
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2025 at 09:06am

    Listed by:

    Andrew Arambula 602-714-8994,

    ABI Multifamily,

    Thomas Palestina 602-714-1297,

    ABI Multifamily

    Source: ARMLS,MLS#: 6865139MLS Logo

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1942 W Berridge Ln.

    Next available tour time:Today at 1:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 6
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Dishwasher, Free-Standing Electric Oven, Washer/Dryer
    Features
    • Flooring: Ceramic Tile, Vinyl, Concrete
    Interior area
    • Total structure area: 10,800
    • Total interior livable area: 10,800 sqft

    Property

    Parking
    • Total spaces: 28
    • Parking features: >1 Space Per Unit
    • Covered spaces: 12
    • Uncovered spaces: 16
    Lot
    • Size: 0.42 Acres
    • Dimensions: 143.08 x 129.27 x 143.08 x 129.27
    Details
    • Parcel number: 15613084A
    • Zoning: R-4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block, Brick
    • Roof: Built-Up
    Condition
    • Year built: 1963

    Utilities & green energy

    • Electric: Other (See Remarks)
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: Other
    • Subdivision: PARK MARYLAND AMD
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $234/sqft
    • Annual tax amount: $5,349
    • Date on market: 5/12/2025
    • Listing terms: Other (See Remarks)
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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