$175,000

1941 W SHERMAN Street, Phoenix, AZ 85009

1 bed |
1 bath |
846 sqft

Single-Family Home
Built in 1946
5,227sqft lot
—— car garage
$207/sqft
Listed 17 days ago

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.

Listing Status:: Active
Date Added:: February 24, 2026
Data Last Updated:: March 14, 2026 at 6:06AM
Listing Office:: Redfin Corporation : 602-483-4919
Listing Agent:: Patrick W Russey : 602-818-2383
MLS ID:: 6989085

General: Eat-in KitchenLaminate Counters
Laundry: Inside
Flooring: Tile
A/C: Central AirCeiling Fan(s)
Heating: Electric

General: None

Roofing: Composition
Windows: Wood Frames
General: PaintedBlock

HOA Amenities: No Fees
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Murphy Elementary District
County: Maricopa

Zoning: 10963022
Fencing: Chain Link

Water: City Water
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Patrick W Russey , Redfin Corporation

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Arthur M. Hamilton Elementary School

2020 W Durango St, Phoenix, AZ, 85009

Grades PK-8

0.70 miles away

Arthur M. Hamilton Elementary School

2020 W Durango St, Phoenix, AZ, 85009

Grades PK-8

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.