1608 W SHERMAN Street, 4, Phoenix, AZ 85007
New Listing
$399,000
Property Type:
Land
Lot Size (sq. ft.):
14,159
Status:
Active
Current Price:
$399,000
List Date:
8/23/2025
Last Modified:
8/23/2025
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 18 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.
More Information MLS# 6909963
Contract Information
Current Price: $399,000
List Price: $399,000
Status: Active
List Date: 2025-08-23
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 1608
Compass: W
Street Name: SHERMAN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3304
County Code: Maricopa
Assessor Number: 112-10-026-A
Subdivision: NORTH STEVE RAYBURN SUBDIVISION
Tax Year: 2024
General Property Description
Apx Total Acres: 0.33
Apx Total Acres G/N: G
Price Per Acre: 1209090.91
Apx SqFt: 14159
Price Per SqFt: 28.18
Apx SqFt G/N: G
Lot Size Dimensions: 100 x 141.59
Horses: N
Zoning: R5
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 17th Ave & Sherma St.
Directions: From I-17S take exit 199A, merge onto 23rd Ave, turn left on Grant St., turn right on 17th Ave, left on Sherman St., lot will be on the left.
Geo Lat: 33.440683
Geo Lon: -112.094025
Legal Info
Township: 1N
Range: 3E
Section: 7
Lot Number: 4
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Multi-Family
Potential Use: Single Family; Multi-Family; Mobile/Mgf Hme/RV's
Parcel Size: .25 - .49 Acres
Land Configuration: Square Rectangular
Road Responsibility: City Maintained Road
Topography: Level
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Rmks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Rmks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; No Carry
Environmental: None
Lockbox Type: None
Fencing: Chain Link
Listing Office: Open House Realty
Last Updated: August - 23 - 2025
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