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52-Unit Single-Story Apartment Community
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4209 W Lamar Rd, Phoenix, AZ 85019

Single-story residential buildings offer a mix of one- and two-bedroom floor plans in a central Phoenix setting.

Property SizeContact for details
Days on Market144

Property Features for 4209 W Lamar Rd

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 39 x 1BR, 13 x 2BR
Multifamily Units 52

Additional Details

Road Access Yes

Building Details

Buildings 13
Stories 1
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Paul Bay · License #AZ SA671037000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

Lamar Villa is a 52-unit apartment property arranged across 13 single-story buildings, with four units in each building. The unit mix includes 39 one-bedroom residences and 13 two-bedroom residences. Interior upgrades have been completed in 46 units, while 10 residences include in-suite washer and dryer equipment.

The property spans over ±2 acres with frontage along 43rd Avenue and Lamar Road, adjacent to La Pradera public park. Grand Canyon University is less than three miles away, Westgate Entertainment District is approximately six miles away, and the Innovation Employment Corridor along Central Avenue is reachable within a 10-minute commute.

Six units retain classic interiors, and 42 units do not currently have in-unit laundry equipment. These existing conditions provide clearly identified renovation and appliance-installation considerations for future ownership.

Key Highlights

  • 52 units across 13 single‑story buildings, with four units per building
  • Unit mix includes 39 one‑bedroom and 13 two‑bedroom residences
  • 46 units feature upgraded interiors; six units retain classic interiors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Electrical Service HVAC Service

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

Lease Details

52
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby

Demographics for 85019, AZ

27,677
Population
8,127
Households
3.4
Avg Household Size
29
Median Age
11%
College-Educated
67%
High-School Grad
3.7 sq mi
ZIP Area
7,480
Density / Sq Mi
$58,767
Median Household Income
$34,354
Median Earnings
$1,342
Median Rent
$255,700
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 - Single-story residential buildings offer a mix of one- and two-bedroom floor plans in a central Phoenix setting.
Where is this apartment building located?
The property is located at 4209 W Lamar Rd Phoenix, AZ.
What are key features of this property?
This property features: 52 units across 13 single‑story buildings, with four units per building; Unit mix includes 39 one‑bedroom and 13 two‑bedroom residences; 46 units feature upgraded interiors; six units retain classic interiors
More about this property
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