1514 W Sherman Street, Phoenix, AZ 85007

$240,000

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Sold Price
$240,000
List Price
$273,900
Closing Date
Jul 11, 2025
Days on Market
130
Status
CLOSED
MLS#
6825868
City
Phoenix
Subdivision
North Steve Rayburn Subdivision
Year Built
1946

Property 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.

Additional Information

School District
Phoenix Union High School District
Community Features
No Pool
Construction
Wood Frame, Painted, Stucco
Cooling
Other
Electric
Other (See Remarks)
Flooring
Ceramic Tile, Vinyl
Heating
Other
Parking Features
1 Space/Unit
Roofing
Composition
Sewer
Public Sewer
Subdivision
North Steve Rayburn Subdivision
Taxes
$382
Tax Year
2024
Units
3
Water
City Franchise
Zoning
R3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of JM Realty. Selling Office: Grayson Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.