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.
Sold for $240,000
$240,000
1514 W SHERMAN Street, Phoenix, AZ 85007
4beds
2baths
--sqft
Multi Family
Built in 1946
-- sqft lot
$282,000 Zestimate®
$--/sqft
$1,507 Estimated rent
Home value
$282,000
$234,000 - $330,000
$1,507/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Joseph P Mahoney 480-433-5792,
JM Realty
Bought with:
Keith Grayson, BR636932000
Grayson Real Estate
Source: ARMLS,MLS#: 6825868
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
Features
- Flooring: Ceramic Tile, Vinyl
Property
Parking
- Total spaces: 5
- Parking features: 1 Space/Unit
- Uncovered spaces: 5
Lot
- Size: 7,100 sqft
- Dimensions: 50 x 142
Details
- Parcel number: 11210050
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition
Condition
- Year built: 1946
Utilities & green energy
- Electric: Other (See Remarks)
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: NORTH STEVE RAYBURN SUBDIVISION
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $240,000-12.4% |
Source:  ARMLS #6825868 Report a problem | ||
| 6/13/2025 | Pending sale | $273,900 |
Source: ARMLS #6825868 Report a problem | ||
| 5/7/2025 | Price change | $273,900-0.4% |
Source: ARMLS #6825868 Report a problem | ||
| 4/21/2025 | Price change | $274,900-1.8% |
Source: ARMLS #6825868 Report a problem | ||
| 4/15/2025 | Pending sale | $279,900 |
Source: ARMLS #6825868 Report a problem | ||
| 3/22/2025 | Listed for sale | $279,900 |
Source: ARMLS #6825868 Report a problem | ||
| 3/14/2025 | Pending sale | $279,900 |
Source: ARMLS #6825868 Report a problem | ||
| 2/26/2025 | Listed for sale | $279,900-11.1% |
Source: ARMLS #6825868 Report a problem | ||
| 12/13/2024 | Listing removed | $315,000 |
Source: ARMLS #6766757 Report a problem | ||
| 10/4/2024 | Listed for sale | $315,000-25.9% |
Source: ARMLS #6766757 Report a problem | ||
| 1/23/2024 | Listing removed | $425,000 |
Source: ARMLS #6264987 Report a problem | ||
| 2/13/2022 | Listing removed | $425,000 |
Source: ARMLS #6264987 Report a problem | ||
| 9/29/2021 | Price change | $425,000-10.5% |
Source: ARMLS #6264987 Report a problem | ||
| 7/15/2021 | Listed for sale | $475,000+93.9% |
Source: ARMLS #6264987 Report a problem | ||
| 4/28/2021 | Sold | $245,000+147.5% |
Source: Public Record Report a problem | ||
| 11/13/2020 | Listing removed | $950 |
Source: Grayson Real Estate Report a problem | ||
| 11/4/2020 | Listed for rent | $950+5.6% |
Source: Grayson Real Estate Report a problem | ||
| 4/10/2020 | Listing removed | $900 |
Source: Grayson Real Estate Report a problem | ||
| 4/1/2020 | Price change | $900-5.3% |
Source: Grayson Real Estate Report a problem | ||
| 3/20/2020 | Listed for rent | $950 |
Source: Grayson Real Estate Report a problem | ||
| 1/28/2019 | Sold | $99,000-10% |
Source: Public Record Report a problem | ||
| 1/14/2019 | Price change | $109,995-8.3% |
Source: Pivotal Real Estate Solutions, LLC #5854410 Report a problem | ||
| 1/11/2019 | Price change | $119,995-4% |
Source: Pivotal Real Estate Solutions, LLC #5854410 Report a problem | ||
| 12/24/2018 | Listed for sale | $124,995 |
Source: Pivotal Real Estate Solutions, LLC #5854410 Report a problem | ||
| 12/18/2018 | Pending sale | $124,995 |
Source: Pivotal Real Estate Solutions, LLC #5854410 Report a problem | ||
| 12/6/2018 | Listed for sale | $124,995+35.1% |
Source: Pivotal Real Estate Solutions, LLC #5854410 Report a problem | ||
| 10/26/2018 | Sold | $92,500+285.4% |
Source: ARMLS #5830578 Report a problem | ||
| 7/30/1998 | Sold | $24,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $406 +6.2% | $24,130 +15.1% |
| 2024 | $382 +1% | $20,970 +709.3% |
| 2023 | $378 +3.7% | $2,591 -75.4% |
| 2022 | $365 -0.4% | $10,520 +36.1% |
| 2021 | $366 +0.1% | $7,730 +20.4% |
| 2020 | $366 +1.8% | $6,420 +27.9% |
| 2019 | $359 | $5,020 +1.4% |
| 2018 | $359 +2.4% | $4,950 +47.8% |
| 2017 | $351 +11.2% | $3,350 +17.1% |
| 2016 | $316 +1.5% | $2,860 +23.8% |
| 2015 | $311 | $2,310 +6% |
| 2014 | -- | $2,180 +45.3% |
| 2013 | -- | $1,500 -10.7% |
| 2012 | -- | $1,680 -23.6% |
| 2011 | -- | $2,200 -61.3% |
| 2010 | -- | $5,680 -32.9% |
| 2009 | -- | $8,460 -25.8% |
| 2008 | -- | $11,400 +28.8% |
| 2007 | -- | $8,850 +55.3% |
| 2006 | -- | $5,700 |
| 2005 | -- | $5,700 +54.1% |
| 2004 | -- | $3,700 |
| 2003 | -- | $3,700 +72.1% |
| 2002 | -- | $2,150 |
Find assessor info on the county website
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 5/10Mary McLeod Bethune SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Central High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$282,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$282,000
- Arizona
- Maricopa County
- Phoenix
- 85007
- Central City
- 1514 W SHERMAN Street
Nearby cities
Nearby neighborhoods
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