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Gated Apartment Community
For Sale
$3,780,000

2014 W BERRIDGE Lane, Phoenix, AZ 85015

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market328

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 Bedroom 22, Bedroom 8, Bedroom 16, Bathroom 21, Bedroom 7, Bedroom 38, Bathroom 7, Bathroom 23, Bedroom 23, Bedroom 3, Bathroom 12, Bedroom 20, Bedroom 27, Bathroom 17, Bathroom 6, Bedroom 14, Bedroom 25, Bathroom 9, Bedroom 28, Bedroom 13, Bedroom 30, Bedroom 18, Bathroom 26, Bathroom 3, Bathroom 18, Bathroom 25, Bathroom 5, Bathroom 8, Bathroom 1, Bedroom 36, Bathroom 20, Bathroom 22, Bedroom 12, Bedroom 1, Bedroom 17, Bedroom 39, Bathroom 2, Bedroom 24, Bedroom 31, Bathroom 24, Bedroom 33, Bedroom 11, Bathroom 16, Bedroom 37, Bedroom 2, Bathroom 15, Bedroom 10, Bathroom 14, Bathroom 11, Bathroom 10, Bedroom 21, Bedroom 34, Bedroom 5, Bedroom 19, Bathroom 13, Bedroom 32, Bathroom 4, Bedroom 40, Bedroom 15, Bedroom 9, Bedroom 35, Bedroom 6, Bathroom 19, Bedroom 4, Bedroom 26, Bedroom 29
Parking features On Street, Carport
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
desert landscaping
LED motion lighting
security cameras
modern gate locks
stainless steel appliances
in-unit washers/dryers
pool
dog run

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 #SA694454000
Added: Nov 12, 2025 Changed: Sep 24 Last Checked: Oct 6 at 8:06PM
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 community in Phoenix was built in 1961 and includes 40 bedrooms and 26 bathrooms across the recorded room count. Property features include a private pool, carport and on-street parking, central heating and cooling, vinyl flooring, stucco and block construction, a composition roof, and public sewer service. Units include stainless appliances, washers and dryers, or washer and dryer hookups.

Recent property improvements include desert landscaping, repaved parking, exterior paint, LED motion lighting, security cameras, modern gate locks, roof resealing, and upgraded pool equipment. A dog run has also been added. The gated property is located near Abrazo Hospital, Christown Spectrum Mall, and major transit. The property is zoned R-4, and an 8% ACTUAL cap rate is stated for T-4 of 2026.

Key Highlights

  • 40 bedrooms and 26 bathrooms recorded across the property
  • 8% ACTUAL cap rate stated for T‑4 of 2026
  • R‑4 zoning in Phoenix

Property Analytics

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Current Use

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

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Carpet & Flooring Store Daycare Center 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - R-4-zoned community includes a private pool, carport parking, and upgraded unit amenities.
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: 40 bedrooms and 26 bathrooms recorded across the property; 8% ACTUAL cap rate stated for T‑4 of 2026; R‑4 zoning in Phoenix
More about this property
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