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$2,200,000
499 Days On Site

1942 W BERRIDGE Lane
Phoenix, AZ 85015

For Sale|Multi Family|Active
24
Beds
72
Total Baths
1963
Built
Subdivision:
PARK MARYLAND AMD
County:
Maricopa

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1942 W BERRIDGE Lane1942 W BERRIDGE Lane1942 W BERRIDGE Lane1942 W BERRIDGE Lane
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Fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity offers immediate cash flow and long-term upside in one of the city's most dynamic and accessible submarkets. Lamego Palms features spacious, thoughtfully updated two-bedroom, one-bathroom residences averaging approximately 900 square feet. Each unit offers modern finishes, upgraded kitchens and bathrooms, and an in-unit washer and dryer--premium amenities that enhance the resident experience and support strong tenant retention. The property also includes a detached bonus flex space equipped with plumbing and electrical, offering additional functionality and potential for an office, storage, or other ancillary use.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
499 Days
Bedrooms 
24
Inside Area (SqFt) 
N/A
Total Baths 
72
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1963
MLS® Number 
6865139
Status 
Active
Property Tax 
$5,349
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoPrice changed to $2,200,000
2 days agoStatus changed to Active
a year agoListing first seen on site
General Features
Disclosures 
Other (See Remarks)
Parking Spaces 
28
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-4
Interior Features
Appliances 
DishwasherDisposalWasher/DryerFree-Standing Electric Oven
Cooling 
Central Air
Flooring 
Ceramic Tile
Heating 
Electric
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Exterior Features
Construction Details 
BlockBrick
Roof 
Built-Up
Community Features
Community Features 
Other
School District 
Glendale Union High School District
Township 
2N
Roads 
Asphalt
Schools
School District
Glendale Union High School District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of ABI Multifamily.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-09-24 01:04 AM UTC

Neighborhood & Commute
Source: Walkscore
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