1514 W SHERMAN Street, Phoenix, AZ 85007

$273,900
Property Type: Multiple Dwellings Status: Active
Current Price: $273,900 List Date: 2/26/2025 Last Modified: 5/08/2025

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.

More Information MLS# 6825868

Contract Info

Current Price: $273,900 List Price: $273,900 Status: Active 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 Country: US 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

Status Change Date: 2025-04-21

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

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: May - 08 - 2025
1514 W SHERMAN Street, Phoenix, AZ 85007- MLS# 6825868
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