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$115,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1945 W Sherman St #23
General
- Price: $115,000
- Taxes: $335 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6989091
- Updated: 2/24/2026
- Added to Site: 1 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: SELLWELL 1 6
- Cross Streets: Buckeye Rd./19th Ave.
Utilities
- Dist. to Gas: Within 1/2 Mile
- Dist. to Electric: Within 1/2 Mile
- Dist. to Sewer: Within 1/2 Mile
- Water: None
- Dist. to Water: Within 1/2 Mile
- Dist. to Telecomm: None
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,101
- Lot Dimensions: 49.74' x 108.44' x 49.45' x 108.44'
- Lot Features: North/South Exp
- Zoning: R-3
Financial Considerations
- Tax Amount: $335
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: SELLWELL
- Property ID: 109-63-024
- Range: 2E
- Section: 12
- Lot Number: 23
Listed by Redfin Corporation
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Schools
Schools serving 1945 W Sherman St #23
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 1945 W Sherman St #23
Date
Details
Price
Change
Source
2/24/2026
Listed
$115,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1945 W Sherman St #23
1945 W Sherman Street #23, Phoenix, AZ 85009 (MLS# 6989091) is a Lots/Land property with a lot size of 0.12 acres. 1945 W Sherman Street #23 is currently listed for $115,000 and was received on February 24, 2026. Want to learn more about 1945 W Sherman Street #23? 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.

