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$174,000
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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. Must purchase both this property and the adjacent lot together- combined price of $290k. 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
- Sold For: $174,000
- Taxes: $284 (2025)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6989085
- Added to Site: 91 day(s) ago
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
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $284
- Tax Year: 2025
- Terms: Cash, 1031 Exchange
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
Sold by Century 21 Northwest
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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 ATTOM Data Solutions 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
4/27/2026
Sold
$174,000
-0.57%
MLS
2/24/2026
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1941 W Sherman Street, Phoenix, AZ 85009 (MLS# 6989085) is a Single Family property that was sold at $174,000 on April 27, 2026. Want to learn more about 1941 W Sherman Street? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

