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1945 W SHERMAN Street unit: 23
Phoenix AZ 85009 US

$115,000

Active Listing ID 6989091
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Lot: 0.12 Acres
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$115,000

Active Listing ID 6989091
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1945 W SHERMAN Street unit: 23 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.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Land
  • Property Sub-type: Other

School Information

  • School
  • Arthur M Hamilton School(Elementary)
  • Arthur M Hamilton School(MiddleSchool)
  • Central High School(HighSchool)

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 115000
  • unparsedaddress: 1945 W SHERMAN Street unit: 23
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85009
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1171
  • lotsizeunits: Acres
  • lotsizearea: 0.1171
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.440033
  • longitude: -112.102022
  • listagentfullname: Patrick W Russey
  • listagentemail: patrick.russey@redfin.com
  • listagentkey: 3yd-ARMLSAZ-pr626
  • listagentmlsid: pr626
  • listagentpreferredphone: 6028182383
  • listagentofficephone: 6028182383
  • listofficekey: 3yd-ARMLSAZ-flre001
  • listofficemlsid: flre001
  • disclaimer: Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • listingcontractdate: 2026-02-24
  • listagenturl: www.diversepropertyteam.com
  • countyorparish: Maricopa
  • parcelnumber: 109-63-024
  • elementaryschool: Arthur M Hamilton School
  • highschool: Central High School
  • elementaryschooldistrict: Murphy Elementary District
  • middleorjuniorschooldistrict: Phoenix Union High School District
  • highschooldistrict: Phoenix Union High School District
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Chain Link
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.10202, 33.440033
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Redfin Corporation", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"patrick.russey@redfin.com", "ListBrokerageCity":"Chandler", "ListBrokerageCountry":"US", "ListBrokerageEmail":"marcus.fleming@redfin.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Redfin Corporation", "ListBrokeragePhone":"(480) 818-5014", "ListBrokeragePostalCode":"85224", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":"Suite 112", "ListBrokerageUnparsedAddress":"2121 W. Chandler Blvd", "ListBrokerageWebsiteUrl":"http://www.redfin.com/", "ListOfficeAddress1":"1 N Central Ave Ste 2000A", "ListOfficeAddress2":"Suite 112", "ListOfficeBrokerMlsId":"flre001", "ListOfficeCity":"Phoenix", "ListOfficeCountry":"USA", "ListOfficeEmail":"kristi.penrod@redfin.com", "ListOfficePostalCode":"85004", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"LAND - Phoenix, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1945-W-Sherman-St-23_Phoenix_AZ_85009_M99407-52053?f=listhub&s=ARMLSAZ&m=6989091&c=rexren", "MLSModificationTimestamp":"2026-02-24 23:37:09", "Neighborhoods":[{"Description":null, "Name":"SELLWELL 1 6"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":335, "TaxDescription":"SELLWELL", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/24/2026 11:47:10 PM GMT
Source Updated Date: 2/26/2026 12:48:25 PM GMT

Courtesy of: Patrick W Russey, Redfin Corporation, patrick.russey@redfin.com

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.