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$399,000 Just Listed
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Property Description
LOCATED RIGHT OFF DOWNTOWN! Formerly 2 separate lots with single family homes. Could easily be split again for 2 SFR projects. Perfect for an Apartment or Condo project up to 14 units. Located just 2 miles from downtown and close to the airport. Properties to the North are zoned C-3 commercial lots. Potential rezoning available. This downtown Phoenix area has new & established single family, multi-residential developments and commercial properties. Lot is currently being rented for storage at $1100 monthly.
Full Property Details
Full Property Details for 1608 W Sherman St #4
General
- Price: $399,000
- Taxes: $868 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7045562
- Updated: 6/23/2026
- Added to Site: 1 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: NORTH STEVE RAYBURN SUBDIVISION
- Cross Streets: 17th Ave & Sherman St.
Utilities
- Dist. to Gas: None
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: City Franchise
- Dist. to Water: On Property
- Dist. to Telecomm: Call Listing Office
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,159
- Lot Dimensions: 100 x 141.59
- Frontage: Asphalt
- Zoning: R5
Financial Considerations
- Tax Amount: $868
- Tax Year: 2025
- Terms: Cash, No Carry, Conventional
Disclosures and Reports
- Legal Description: NORTH STEVE RAYBURN SUB MCR 28-39 LOT 4 BLK 3 TOG WI LOT 6 BLK 3 TH/OF P/F 19-0149667
- Property ID: 112-10-026-A
- Range: 3E
- Section: 7
- Lot Number: 4
Listed by Ivy Realty
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Schools
Schools serving 1608 W Sherman St #4
School Districts:Phoenix Union High School District, Phoenix Elementary District
| Name | Grades | Distance |
|---|---|---|
Mary Mcleod Bethune School 1310 South 15th Avenue, Phoenix, AZ 85007 | PK-8 | 0.5 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1608 W Sherman St #4
Date
Details
Price
Change
Source
6/23/2026
Listed
$399,000
280%
MLS
3/23/2020
Sold
$105,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1608 W Sherman St #4
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,222
—
$8,601
-60%
2025
$1,222
1%
$21,603
1%
2023
$1,210
1%
$21,401
41%
2022
$1,202
—
$15,198
33%
2022
$1,202
-2%
$11,412
13%
2021
$1,226
-1%
$10,080
9%
2020
$1,241
—
$9,234
1%
2019
$1,239
2%
$9,162
21%
2018
$1,217
2%
$7,578
12%
2017
$1,189
3%
$6,768
7%
2016
$1,155
5%
$6,318
3%
2015
$1,099
7%
$6,106
1%
2014
$1,026
-28%
$6,023
-25%
2013
$1,427
—
$8,014
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1608 W Sherman St #4
1608 W Sherman Street #4, Phoenix, AZ 85007 (MLS# 7045562) is a Lots/Land property with a lot size of 0.33 acres. 1608 W Sherman Street #4 is currently listed for $399,000 and was received on June 23, 2026. Want to learn more about 1608 W Sherman Street #4? Do you have questions about finding other Lots/Land real estate for sale in Central City? You can browse all Central City real estate or contact a Coldwell Banker agent to request more information.

