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$175,000
Phoenix, AZ 85009
MLS# 6989085
Status: UCB (Under Contract-Backups)
1 beds | 1 baths
1 / 28
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.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $175,000
Status: UCB (Under Contract-Backups)
Current Price: $175,000
List Date: 2026-02-24
Location, Tax & Legal
Assessor's Map #: 63
Legal Description (Abbrev): SELLWELL
Assessor's Parcel #: 22
Tax Municipality: Phoenix
Taxes: 284
House Number: 1941
Compass: W
Street Name: SHERMAN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 5914
County Code: Maricopa
Assessor Number: 109-63-022
Subdivision: SELLWELL 1 6
Tax Year: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 1
Half Bathrooms: 0
Approx SQFT: 846
Price/SqFt: 206.86
Approx Lot SqFt: 5384
Approx Lot Acres: 0.124
Horses: N
Builder Name: unknown
Lead Based Hazard Disclosure: Yes
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District
Elementary School: Arthur M Hamilton School
Jr. High School: Arthur M Hamilton School
High School: Central High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 1
Total Bathrooms: 1
Year Built: 1946
Legal Info
Range: 2E
Section: 12
Township: 1N
Block: 7
Lot Number: 21
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Pmt & Rate Info
Down Payment: 0
Total Asum Mnth Pmts: 0
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Master Bathroom
None: 1
Master Bedroom
Not Split: 1
Flooring
Tile: 1
Window Features
Wood Frames: 1
Community Features
Children's Playgrnd: 1
Dining Area
Eat-in Kitchen: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Gas Range: 1
Laminate Counters: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Laundry
Washer Included: 1
Dryer Included: 1
220 V Dryer Hookup: 1
Inside: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Fencing
Chain Link: 1
Water Source
City Water: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 0
Total Covered Spaces: 0
New Financing
Cash: 1
1031 Exchange: 1
Plumbing
Gas Hot Water Heater: 1
Utilities
APS: 1
SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
North/South Exposure: 1
Landscaping
Dirt Front: 1
Dirt Back: 1
Services
City Services: 1
Disclosures
Seller Discl Avail: 1
Possession
By Agreement: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Remarks Misc
Cross Street: Buckeye Rd./19th Ave.
Directions: North on 19th Ave., West on Sherman St. to address.
Geo Lat: 33.440033
Geo Lon: -112.101857
Property Features
Special Listing Cond: N/A
Master Bathroom: None
Master Bedroom: Not Split
Flooring: Tile
Window Features: Wood Frames
Spa: None
Community Features: Children's Playgrnd
Dining Area: Eat-in Kitchen
Kitchen Features: Gas Range; Dishwasher; Refrigerator; Laminate Counters
Laundry: Washer Included; Dryer Included; 220 V Dryer Hookup; Inside
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Chain Link
Property Description: North/South Exposure
Landscaping: Dirt Front; Dirt Back
Lockbox Type: Supra
Possession: By Agreement
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; 1031 Exchange
Disclosures: Seller Discl Avail
Listing Office: Redfin Corporation
Last Updated: March - 19 - 2026
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