1945 W Sherman Street Unit 23, Phoenix, AZ 85009

$105,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$105,000
List Price
$115,000
Closing Date
Apr 27, 2026
Days on Market
62
Status
CLOSED
MLS#
6989091
City
Phoenix
Lot Size
5,101
Subdivision
Sellwell 1 6

Property Description

Investor Alert - Prime Downtown Opportunity! Exceptional vacant corner lot adjacent to 1941 W Sherman St, offering rare multifamily development potential in a high-demand urban corridor. Ideal for duplex, triplex, or build-to-rent construction. Secure this infill development opportunity for long-term appreciation & strong ROI. Purchase together with the neighboring property for a discounted combined price of $285K. Rare redevelopment upside in a rapidly growing downtown market. See MLS#6989085 for the Single Family Residence Listing at 1941 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
Electric
None
Fencing
Chain Link
Lot Size
5,101
New Financing
Cash
Lot Features
North/South Exp
Subdivision
Sellwell 1 6
Taxes
$335
Tax Year
2025
Water
None
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
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.