1941 W Sherman Street, Phoenix, AZ 85009

$174,000
1
BD
1
BA
846
SqFt

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Sold Price
$174,000
List Price
$175,000
Closing Date
Apr 27, 2026
Days on Market
62
Status
CLOSED
MLS#
6989085
City
Phoenix
Bedrooms
1
Bathrooms
1
Living SQFT
846
Lot Size
5,384
Subdivision
Sellwell 1 6
Year Built
1946
Type
Single Family Residence

Property Description

Investor Alert - Prime Downtown Opportunity! Exceptional investment property with adjacent parcel at 1945 W Sherman St, creating rare multifamily development potential. Move-in ready home with newer storage unit offers immediate rental income or hold opportunity. Combine both properties for duplex, triplex, or multifamily construction. Must purchase both this property and the adjacent lot together- combined price of $290k. Ideal for developers seeking infill development, build-to-rent, and strong ROI in a high-demand urban corridor. See MLS#6989091 for the vacant lot Listing at 1945 W. Sherman St.

Additional Information

Elementary School
Arthur M Hamilton School
High School
Central High School
Middle School
Arthur M Hamilton School
Acres
0.12
Assoc Fee Includes
No Fees
Builder Name
unknown
Community Features
Playground
Construction
Block, Painted
Cooling
Ceiling Fan(s), Central Air
Fencing
Chain Link
Flooring
Tile
Heating
Electric
Laundry
Inside
Living Area
846
Lot Size
5,384
New Financing
Cash, 1031 Exchange
Lot Features
North/South Exposure, Dirt Front, Dirt Back
Roofing
Composition
Spa
None
Stories
1
Subdivision
Sellwell 1 6
Taxes
$284
Tax Year
2025
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Redfin Corporation. Selling Office: Century 21 Northwest.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.