Search Entire MLS By Map Or Your Own Search Criteria
$240,000
Phoenix, AZ 85007
MLS# 6825868
Status: Closed
1 / 20
Property Description
Situated close to Downtown Phoenix, property offers a fantastic value-add opportunity for investors. This multifamily property features three units: a front duplex with two 1-bedroom, 1-bathroom units, and a 2-bedroom, 1-bathroom single-family home at the rear. Ideally located near Phoenix Memorial Hospital and just under two miles from Downtown Phoenix, this property presents great potential for growth.
Details
Maps
Contract Info
Current Price: $240,000
Sold Price: $240,000
Status: Closed
List Date: 2025-02-24
Ownership: Fee Simple
Location Tax Legal
House Number: 1514
Compass: W
Street Name: SHERMAN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3347
County Code: Maricopa
Subdivision: NORTH STEVE RAYBURN SUBDIVISION
Assessor Number: 112-10-050
Tax Year: 2024
General Property Description
Lot Size Dimensions: 50 X 142
Year Built: 1946
Uncvrd Parking Spcs: 5
Total # of Units: 3
# of Buildings: 2
Zoning: R3
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 15Th Ave/ Grant
Directions: Head southeast on N W Grand Ave toward W Moreland St, Slight right onto N 15th Ave, Continue straight to stay on N 15th Ave, Turn right onto W Sherman St
Geo Lat: 33.440692
Geo Lon: -112.092528
Status Change Info
Off Market Date: 2025-07-04
Under Contract Date: 2025-06-13
Close of Escrow Date: 2025-07-11
Sold Price: $240,000
Legal Info
Township: 1N
Range: 3E
Section: 7
Lot Number: 14
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 2
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
# Baths: 1
Contact Info
List Agent Home Phn: 480-785-5612
Sold Info
Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: Duplex; Tri-Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Other
Heating: Other
Cooling: Other
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: SW Gas
Parking Features: 1 Space/Unit
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Unknown
Special: REO Property
Showing Notification Methods: Text; Email
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Environmental: None
Listing Office: JM Realty
Last Updated: July - 14 - 2025
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.