For Sale Multi-Family MLS# 6946527

2014 W BERRIDGE Lane

Phoenix, AZ 85015

$3,780,000

About 2014 W BERRIDGE Lane

Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1961
Original price
$4,770,000
MLS #
6946527

Interior

Features
Central Air, Central, Vinyl
Flooring
Vinyl
Heating
Central
Cooling
Central Air

Exterior & lot

Features
Detached Carport, >1 Space Per Unit, 1 Space/Unit, On Street, Parking spaces: 39
Construction
Stucco, Block, Composition
Roof
Composition
Lot
R-4, 15613086A
Parking
Detached Carport, >1 Space Per Unit, 1 Space/Unit, On Street

Schools

District
Glendale Union High School District

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$7,322
Tax year
2024
Parcel
15613086A

Location

Subdivision
PARK MARYLAND AMD
County
Maricopa
Neighborhood
Washington Park
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Glendale Union High School District
Directions
From I-17, exit at Bethany Home Rd and head east. Turn south on 21st Ave, then east on Berridge Ln. Property is on the north side of the street.

Location

Neighborhood
Washington Park
Subdivision
PARK MARYLAND AMD
School district
Glendale Union High School District

Ask about this property

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Listed by Collin Corsmeier, HomeSmart

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.