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1942 W Berridge Lane, Phoenix, AZ 85015

Local realty services provided by:CENTURY 21 Northwest Realty
1942 W Berridge Lane,Phoenix, AZ 85015
$2,485,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: andrew arambula, thomas palestina
Office: abi multifamily
MLS#:6865139
Source:ARMLS

Price summary

  • Price:$2,485,000

About this home

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.

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Home facts

  • Year built:1963
  • Listing ID #:6865139
  • Updated:February 10, 2026 at 04:06 PM

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1963

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$2,485,000
  • Tax amount:$5,349 (2024)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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