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$175,000 Just Listed
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Property Description
Investor Alert - Prime Downtown Opportunity! Exceptional investment property with adjacent parcel at 1945 W Sherman St, creating rare multifamily development potential. Move-in ready home with newer storage unit offers immediate rental income or hold opportunity. Combine both properties for duplex, triplex, or multifamily construction. Purchase both this property and the adjacent lot together at a discounted price of $285K. Ideal for developers seeking infill development, build-to-rent, and strong ROI in a high-demand urban corridor. See MLS#6989091 for the vacant lot Listing at 1945 W. Sherman St.
Full Property Details
Full Property Details for 1941 W Sherman St
General
- Price: $175,000
- Taxes: $284 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6989085
- Updated: 2/24/2026
- Added to Site: Today
Interior
- Interior Features: Eat-in Kitchen, Laminate Counters
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Gas Range
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Inside
Location
- County: Maricopa
- Township: 1N
- Subdivision: SELLWELL 1 6
- Cross Streets: Buckeye Rd./19th Ave.
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Painted, Block
- Roof: Composition
- Windows: Wood Frames
- Sq. Ft. Source: Assessor
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,384
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Dirt Front, Dirt Back
Financial Considerations
- Tax Amount: $284
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: SELLWELL
- Property ID: 109-63-022
- Range: 2E
- Section: 12
- Block: 7
- Lot Number: 21
Listed by Redfin Corporation
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Schools
Schools serving 1941 W Sherman St
School Districts:Phoenix Union High School District, Murphy Elementary District
| Name | Grades | Distance |
|---|---|---|
Arthur M Hamilton School 2020 West Durango Street, Phoenix, AZ 85009 | PK-8 | 0.7 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 4.6 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 1941 W Sherman St
Date
Details
Price
Change
Source
2/24/2026
Listed
$175,000
250%
MLS
9/08/2016
Sold
$50,000
—
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 1941 W Sherman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$284
-1%
$17,220
19%
2024
$287
5%
$14,530
-8%
2023
$273
4%
$15,860
37%
2022
$262
—
$11,600
17%
2022
$262
-5%
$9,880
46%
2021
$277
3%
$6,760
12%
2020
$268
1%
$6,030
28%
2019
$265
2%
$4,720
8%
2018
$260
4%
$4,380
36%
2017
$250
-10%
$3,210
14%
2016
$279
33%
$2,820
24%
2015
$210
4%
$2,270
28%
2014
$201
31%
$1,780
51%
2013
$154
—
$1,180
—
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 1941 W Sherman St
1941 W Sherman Street, Phoenix, AZ 85009 (MLS# 6989085) is a Single Family property with 1 bedroom and 1 full bathroom. 1941 W Sherman Street is currently listed for $175,000 and was received on February 24, 2026. Want to learn more about 1941 W Sherman Street? Do you have questions about finding other Single Family 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.

