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Gated Apartment Community
For Sale
$3,780,000

2014 W BERRIDGE Lane, Phoenix, AZ 85015

MULTI_FAMILY - Phoenix, AZ

Property SizeContact for details
Days on Market283

Property Features for 2014 W BERRIDGE Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-4
Bedrooms 40
Bathrooms 26
Full bathrooms 4
Rooms Bathroom 16, Bathroom 23, Bathroom 7, Bedroom 24, Bedroom 27, Bathroom 13, Bathroom 15, Bathroom 12, Bedroom 23, Bedroom 20, Bathroom 18, Bedroom 29, Bedroom 30, Bedroom 13, Bathroom 25, Bathroom 1, Bathroom 2, Bathroom 21, Bathroom 17, Bedroom 22, Bathroom 3, Bathroom 6, Bathroom 20, Bathroom 9, Bathroom 19, Bedroom 9, Bedroom 32, Bedroom 17, Bedroom 6, Bedroom 10, Bathroom 10, Bathroom 26, Bedroom 26, Bedroom 4, Bedroom 7, Bedroom 5, Bedroom 15, Bedroom 19, Bedroom 37, Bedroom 11, Bedroom 2, Bedroom 35, Bathroom 22, Bedroom 16, Bedroom 34, Bedroom 18, Bedroom 3, Bedroom 31, Bedroom 40, Bedroom 1, Bedroom 25, Bedroom 33, Bathroom 4, Bedroom 28, Bedroom 38, Bathroom 5, Bedroom 12, Bedroom 39, Bedroom 8, Bathroom 8, Bathroom 11, Bathroom 14, Bathroom 24, Bedroom 21, Bedroom 14, Bedroom 36
Parking features Carport, On Street
Pool private 1
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer, W/D Hookup
Subdivision PARK MARYLAND AMD
Elementary school district Glendale Union High School District
Middle school district Glendale Union High School District
High school district 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.
Standard status Active
APN 156-13-086-A

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 10 PARK MARYLAND AMD MCR 007625
Tax Annual Amount 7322
Legal Description LOT 10 PARK MARYLAND AMD MCR 007625

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Amenities

gated community
pool
dog run
in-unit washer/dryer
security cameras

Building Details

Year built 1961
Number of units 18
Flooring type Vinyl
Building materials Stucco, Block
Roof type Composition
Listing Agency: HomeSmart
Listed By: Collin Corsmeier · License #AZ:SA694454000
Added: Nov 12, 2025 Changed: Aug 13 Last Checked: Aug 22 at 8:06AM
MLS# 6946527

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property is a gated community with 40 bedrooms and 26 bathrooms, R-4 zoning, and a private pool. The 1961 construction includes stucco and block materials, vinyl flooring, central heating, central air, composition roofing, public sewer service, and carport and on-street parking. Unit features include built-in ranges, gas ovens, dishwashers, refrigerators, microwaves, disposals, and washers and dryers.

Recent property improvements include desert landscaping, repaved parking, exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, roof resealing, and upgraded pool equipment. A dog run has also been added. The property is located near Abrazo Hospital, Christown Spectrum Mall, and major transit in Phoenix, Arizona.

Key Highlights

  • 8% actual cap rate (T‑4, 2026)
  • 40 bedrooms and 26 bathrooms
  • Gated apartment community with private pool

Property Analytics

Current Use

Signature 18 Apartment Complex Apenitas Pavers and Land ... Landscaping

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Daycare Center Carpet & Flooring Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,263
Businesses Nearby

Demographics for 85015, AZ

41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Units feature stainless appliances, in-unit washers and dryers, and access to a private pool.
Where is this apartment building located?
The property is located at 2014 W BERRIDGE Lane Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,780,000.
What are key features of this property?
This property features: 8% actual cap rate (T‑4, 2026); 40 bedrooms and 26 bathrooms; Gated apartment community with private pool
More about this property
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