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1941 W Sherman St
Single Family
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$175,000

$207/sqft

1941 W Sherman St, Phoenix

86% below median
1 bd·1 ba·846 sqft
Built 19465,384 sqft lotCentral City South

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

Down payment20% ($35,000)
Interest rate6.75%
Principal & Interest$908
Property Tax$160
Insurance$150
Total$1,218/mo

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Price history

$188K$113K$38K$55K on Jul 16 (Initial list)$50K on Sep 16 (Sold)$175K on Feb 26 (Initial list)$174K on Apr 26 (Sold)
$55K · Jul 16$174K · Apr 26
  1. Apr 27, 2026$174,000Sold
  2. Feb 24, 2026$175,000Initial list price
  3. Sep 2, 2016$50,000Sold
  4. 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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