Phoenix Village Apartments - A rare hidden treasure, this 16-unit garden apartment community with landscaped commons including Mulberry & fruit trees, gardens, gazebo, patio & lawn areas is in the heart of walkable downtown Phoenix. Eight single-story duplexes on 1.18 acres, built in 1962-65 by the Skjaerlund family & listed on the Oregon Historic Sites database. Eight 1BR & eight 2BR units feature original varnished birch cabinetry, upgraded counters & flooring, and ductless heat pumps with A/C in twelve units. Exceptional capital investment: new water & sewer mains, PEX repiping, crawlspace insulation, remodeled baths, electrical panels, roofing, gutters & a rebuilt laundry room. 20 carport spaces each with locked storage plus 10 open spaces. C-C City Center zoning with no maximum density or lot coverage. 50 feet to the bus line, 300 feet to the Bear Creek Greenway. Legacy rents sit far below market & two units just leased at $1,200-$1,400 - stability today, real upside tomorrow.
Closed
Zillow last checked:
Listing updated:
Bought with:
eXp Realty, LLC
Source: Oregon Datashare,MLS#: 220226729
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Sold | $1,300,000-23.3%$129/sqft |
Source:  Oregon Datashare #220226729 Report a problem | ||
| 8/28/2026 | Pending sale | $1,695,000$168/sqft |
Source: Oregon Datashare #220226729 Report a problem | ||
| 8/8/2026 | Listed for sale | $1,695,000$168/sqft |
Source: Oregon Datashare #220226729 Report a problem | ||
| 8/4/2026 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 7/25/2026 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
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