1941 W Sherman St, Phoenix, AZ
1 bd · 1 ba · 846 sqft Single Family listed at $175,000, built in 1946 in the Central City South neighborhood.
About this home
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.
Property details
- Price
- $175,000
- Bedrooms
- 1
- Bathrooms
- 1
- Interior
- 846 sqft
- Price / sqft
- $207
- Year built
- 1946
- Lot size
- 5,384 sqft
- Type
- Single Family
- Days on market
- 60
- Est. property tax
- $1,085/yr · $90/mo · 0.62% AZ avg
- Last sold
- $50,000 · Sep 2016
Estimated monthly payment
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Price history
- Apr 27, 2026$174,000Sold
- Feb 24, 2026$175,000Initial list price
- Sep 2, 2016$50,000Sold
- Jul 27, 2016$55,000Initial list price
Location
This home is located in Phoenix, AZ, in the Phoenix / Scottsdale area. Browse more Phoenix listings on the Phoenix market page or explore the full Phoenix market report.
Home Intelligence
Neighborhood (zip 85009)
This neighborhood skews young (median age 31.0). 5% hold a bachelor's degree; 50% of homes are owner-occupied; median household income is $46,707.
- Median income
- $46,707
- Median age
- 31.0
- Owner-occupied
- 49.9%
- Bachelor's degree
- 4.7%
- Census median home value
- $183,100
Source: US Census Bureau American Community Survey 5-year estimates.
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