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$240,000

  • Sold
  • Closed
  • Duplex
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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.

Full Property Details for 1514 W Sherman

General

  • Sold For: $240,000
  • Taxes: $382 (2024)
  • Status: Closed
  • Type: Duplex
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6825868
  • Added to Site: 329 day(s) ago

Interior

  • Flooring: Ceramic Tile, Vinyl

Parking

  • Parking Features: 1 Space/Unit

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: NORTH STEVE RAYBURN SUBDIVISION
  • Cross Streets: 15Th Ave/ Grant

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame, Painted, Stucco
  • Roof: Composition
  • Year Built: 1946

Lot Features

  • Lot Dimensions: 50 x 142
  • Frontage: Asphalt
  • Zoning: R3

Financial Considerations

  • Tax Amount: $382
  • Tax Year: 2024
  • Owner Pays: Other

Disclosures and Reports

  • Legal Description: NORTH STEVE RAYBURN SUB
  • Property ID: 112-10-050
  • Range: 3E
  • Section: 7
  • Lot Number: 14

Listed by JM Realty
Sold by Grayson Real Estate

Listing agent

— 1514 W Sherman —

  • JM Realty

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1514 W Sherman

School Districts:Phoenix Union High School District, Phoenix Elementary District
NameGradesDistance
Mary Mcleod Bethune School
1310 South 15th Avenue, Phoenix, AZ 85007
PK-80.5 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-124.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1514 W Sherman

Date
Details
Price
Change
Source
7/11/2025
Sold
$240,000
-12.38%
MLS
5/07/2025
Price Reduced
$273,900
-0.36%
MLS
4/21/2025
Price Reduced
$274,900
-1.79%
MLS
2/26/2025
Listed
$279,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by JM Realty
Sold by Grayson Real Estate

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1514 W Sherman, Phoenix, AZ 85007 (MLS# 6825868) is a Duplex property that was sold at $240,000 on July 11, 2025. Want to learn more about 1514 W Sherman? Do you have questions about finding other Duplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.