$399,000

1608 W SHERMAN Street 4, Phoenix, AZ 85007

Land
Built in ——
0.33acre lot
—— car garage
$——/sqft
Listed 13 days ago

Property Description

LOCATED RIGHT OFF DOWNTOWN! Formerly 2 separate lots with single family homes. Could easily be split again for 2 SFR projects. Perfect for an Apartment or Condo project up to 14 units. Located just 2 miles from downtown and close to the airport. Properties to the North are zoned C-3 commercial lots. Potential rezoning available. This downtown Phoenix area has new & established single family, multi-residential developments and commercial properties. Lot is currently being rented for storage at $1100 monthly.

Listing Status:: Active
Date Added:: June 23, 2026
Data Last Updated:: July 6, 2026 at 10:08PM
Listing Office:: Ivy Realty : 623-299-4954
Listing Agent:: Emily Weaver : 623-204-5454
MLS ID:: 7045562

General: None

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Phoenix Elementary District
County: Maricopa

Topography: Level
Zoning: R511210026A
Fencing: Chain Link

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Emily Weaver , Ivy Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.