1514 W Sherman Street, Phoenix, AZ 85007

$240,000

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

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

Taxes
$382
Zoning
R3
Flooring
Ceramic Tile, Vinyl
Heating
Other
Air Conditioning
Other
Exterior Construction
Wood Frame, Painted, Stucco
Parking Features
1 Space/Unit
School District
Phoenix Union High School District

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joseph P Mahoney (480-433-5792) from Listing Office: 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.