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.
Sold for $174,000
$174,000
1941 W SHERMAN Street, Phoenix, AZ 85009
1beds
846sqft
Single Family Residence
Built in 1946
5,384 Square Feet Lot
$-- Zestimate®
$206/sqft
$1,355 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,355/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Patrick W Russey 602-855-7397,
Redfin Corporation
Bought with:
Luis Reyes, SA710783000
Century 21 Northwest
Source: ARMLS,MLS#: 6989085
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Refrigerator, Dishwasher, Gas Range
- Laundry: Inside
Features
- Eat-in Kitchen, Laminate Counters
- Flooring: Tile
- Windows: Wood Frames
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 846
- Total interior livable area: 846 sqft
Property
Features
- Stories: 1
- Spa features: None
- Fencing: Chain Link
Lot
- Size: 5,384 sqft
- Features: North/South Exposure, Dirt Front, Dirt Back
Details
- Parcel number: 10963022
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Community
- Community features: Playground
Location
- Region: Phoenix
- Subdivision: SELLWELL 1 6
Other
Other facts
- Listing terms: Cash,1031 Exchange
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listing removed | $1,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2026 | Listed for rent | $1,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/27/2026 | Sold | $174,000-0.6%$206/sqft |
Source:  ARMLS #6989085 Report a problem | ||
| 2/24/2026 | Listed for sale | $175,000+250%$207/sqft |
Source: ARMLS #6989085 Report a problem | ||
| 9/2/2016 | Sold | $50,000-9.1%$59/sqft |
Source: ARMLS #5476158 Report a problem | ||
| 7/28/2016 | Listed for sale | $55,000$65/sqft |
Source: West USA Realty #5476158 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $284 -0.9% | $14,530 -8.4% |
| 2024 | $287 +5.2% | $15,860 +668.8% |
| 2023 | $273 +4.2% | $2,063 -79.1% |
| 2022 | $262 -2.3% | $9,880 +46.2% |
| 2021 | $268 +1.1% | $6,760 +12.1% |
| 2020 | $265 +2% | $6,030 +27.8% |
| 2019 | $260 | $4,720 +7.8% |
| 2018 | $260 +4% | $4,380 +36.4% |
| 2017 | $250 +19.1% | $3,210 +13.8% |
| 2016 | $210 +4.3% | $2,820 +24.2% |
| 2015 | $201 | $2,270 +27.5% |
| 2014 | -- | $1,780 +50.8% |
| 2013 | -- | $1,180 -16.3% |
| 2012 | -- | $1,410 -26.2% |
| 2011 | -- | $1,910 -61.9% |
| 2010 | -- | $5,010 -48.1% |
| 2009 | -- | $9,660 +10.4% |
| 2008 | -- | $8,750 +27.7% |
| 2007 | -- | $6,850 +42.7% |
| 2006 | -- | $4,800 |
| 2005 | -- | $4,800 +39.1% |
| 2004 | -- | $3,450 |
| 2003 | -- | $3,450 +23.2% |
| 2002 | -- | $2,800 |
Find assessor info on the county website
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 6/10Jack L Kuban Elementary SchoolGrades: PK-8Distance: 1.5 mi
- 3/10Central High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Arthur M Hamilton School
- Middle: Arthur M Hamilton School
- High: Central High School
- District: Murphy 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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- Arizona
- Maricopa County
- Phoenix
- 85009
- Central City
- 1941 W SHERMAN Street
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