1945 W SHERMAN Street 23, Phoenix, AZ 85009 (MLS# 6989091)

$115,000

1945 W SHERMAN Street 23
Phoenix, AZ 85009
MLS# 6989091
Status: UCB (Under Contract-Backups)

1 / 6

Lot Dimensions - Google Maps - 1945 W. S

Property Description
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.

Details

Maps

Contract Information

Type: Exclusive Right To Sell

For Sale or Lease?: Sale

Current Price: $115,000

List Price: $115,000

Status: UCB (Under Contract-Backups)

List Date: 2026-02-24

Location, Tax & Legal

Lot #: 23

Assessor's Map #: 63

Legal Description (Abbrev): SELLWELL

Assessor's Parcel #: 24

Add'l Parcels: No

Tax Municipality: Phoenix

Census Tract: 114402

Taxes: 335

House Number: 1945

Compass: W

Street Name: SHERMAN

St Suffix: Street

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85009

Zip4: 5914

County Code: Maricopa

Assessor Number: 109-63-024

Subdivision: SELLWELL 1 6

Tax Year: 2025

General Property Description

Apx Total Acres: 0.12

Apx Total Acres G/N: G

Price Per Acre: 958333.33

Apx SqFt: 5101

Price Per SqFt: 22.54

Apx SqFt G/N: G

Lot Size Dimensions: 49.74' x 108.44' x 49.45' x 108.44'

Elementary School District: Murphy Elementary District

High School District: Phoenix Union High School District

Elementary School: Arthur M Hamilton School

Jr. High School: Arthur M Hamilton School

High School: Central High School

Zoning: R-3

Legal Info

Range: 2E

Section: 12

Township: 1N

Lot Number: 23

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 115000

Total Owed: 0

Assoc/Prop Info

HOA Y/N: N

PAD Fee Y/N: N

Assessed Balance: 0

HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Multi-Family: 1

Parcel Size

.0 - .24 Acres: 1

Land Features

North/South Exp: 1

Land Configuration

Square Rectangular: 1

Road Access Type

City Street: 1

Fencing

Chain Link: 1

Water Source

None: 1

Sewer

No Sewer/Septic: 1

Electric

None: 1

Topography

Level: 1

Gas

None: 1

Distance to Cable

None: 1

New Financing

Cash: 1

Distance to Phone

None: 1

Distance to Water

Within 1/2 Mile: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

Within 1/2 Mile: 1

Distance to Gas

Within 1/2 Mile: 1

Distance to Sewer

Within 1/2 Mile: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Remarks Misc

Cross Street: Buckeye Rd./19th Ave.

Directions: North on 19th Ave., West on Sherman St. to address on the corner of Sherman St. and 20th Ave.

Geo Lat: 33.440033

Geo Lon: -112.102022

Property Features

Special Listing Cond: N/A

Existing Land Use: Residential Lot

Zoned Presently: Single Family; Multi-Family

Parcel Size: .0 - .24 Acres

Land Features: North/South Exp

Land Configuration: Square Rectangular

Road Access Type: City Street

Topography: Level

Water Source: None

Sewer: No Sewer/Septic

Electric: None

Gas: None

Distance to Cable: None

Distance to Phone: None

Distance to Water: Within 1/2 Mile

Distance to Electric: Within 1/2 Mile

Distance to Gas: Within 1/2 Mile

Distance to Sewer: Within 1/2 Mile

Existing 1st Loan: Treat as Free&Clear

New Financing: Cash

Environmental: None

Lockbox Type: Supra

Fencing: Chain Link

Listing Office: Redfin Corporation

Last Updated: April - 19 - 2026