Investor Alert - Prime Downtown Opportunity! Exceptional vacant corner lot adjacent to 1941 W Sherman St, offering rare multifamily development potential in a high-demand urban corridor. Ideal for duplex, triplex, or build-to-rent construction. Secure this infill development opportunity for long-term appreciation & strong ROI. Purchase together with the neighboring property for a discounted combined price of $285K. Rare redevelopment upside in a rapidly growing downtown market. See MLS#6989085 for the Single Family Residence Listing at 1941 W. Sherman St.
Sold for $105,000
$105,000
1945 W SHERMAN Street #23, Phoenix, AZ 85009
--beds
--baths
5,101Square Feet
Land
Built in ----
5,101 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Vacant corner lot
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#: 6989091
Facts & features
Property
Features
- Fencing: Chain Link
Lot
- Size: 5,101 Square Feet
- Dimensions: 49.74' x 108.44' x 49.45' x 108.44'
- Features: North/South Exp
- Topography: Level
Details
- Parcel number: 10963024
- Zoning: R-3
Utilities & green energy
- Electric: None
- Sewer: None
- Water: None
Community & HOA
Community
- Subdivision: SELLWELL 1 6
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Annual tax amount: $335
- Date on market: 2/24/2026
- Cumulative days on market: 62 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Sold | $105,000-8.7% |
Source:  ARMLS #6989091 Report a problem | ||
| 2/24/2026 | Listed for sale | $115,000 |
Source: ARMLS #6989091 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central City
Nearby homes
- $174,0001 bd1 ba846 sqft1941 W Sherman St, Phoenix, AZ 85009Sold
- $62,000-- bd-- ba-- sqft1941 W Sherman St, Phoenix, AZ 85009Off Market
- $220,1002 bd1 ba876 sqft1937 W Sherman St, Phoenix, AZ 85009Off Market
- $254,4003 bd1 ba924 sqft2001 W Sherman St, Phoenix, AZ 85009Off Market
- $218,3001 bd1 ba600 sqft1948 W Hadley St, Phoenix, AZ 85009Off Market
- $288,7002 bd2 ba1.1k sqft1944 W Hadley St, Phoenix, AZ 85009Off Market
- $245,100-- bd1 ba1.1k sqft1933 W Sherman St, Phoenix, AZ 85009Off Market
- $--5,227 Square Feet2005 W Sherman St LOT 3, Phoenix, AZ 85009Off Market
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.
- Arizona
- Maricopa County
- Phoenix
- 85009
- Central City
- 1945 W SHERMAN Street Unit 23
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