- $2.5M Price
1942 W Berridge Lane
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.
Essential Information
- MLS® #6865139
- Price$2,530,000
- Acres0.00
- Year Built1963
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1942 W Berridge Lane
- SubdivisionPARK MARYLAND AMD
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85015
Amenities
- AmenitiesOther
- Parking Spaces28
- Parking>1 Space Per Unit
Interior
- HeatingElectric
- CoolingCentral Air
Appliances
Disposal, Dishwasher, Free-Standing Electric Oven, Washer/Dryer
Exterior
- RoofBuilt-Up
- ConstructionPainted, Block, Brick
School Information
District
Glendale Union High School District
Additional Information
- ZoningR-4
Listing Details
- OfficeABI Multifamily
Price Change History for 1942 W Berridge Lane, Phoenix, AZ (MLS® #6865139)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,550,000 to $2,530,000 |
ABI Multifamily.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on September 6th, 2025 at 10:51pm MST.