1608 W SHERMAN Street 4, Phoenix, AZ 85007 (MLS# 7045562)

1608 W SHERMAN Street 4, Phoenix, AZ 85007

$399,000
Property Type: Land Lot Size (sq. ft.): 14,159 Status: Active
Current Price: $399,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Overview

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.

Listing Details MLS# 7045562

Location, Tax & Legal

House Number
1608
Compass
W
Street Name
SHERMAN
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85007
Zip4
3304
Country
US
County Code
Maricopa
Assessor Number
112-10-026-A
Subdivision
NORTH STEVE RAYBURN SUBDIVISION
Tax Year
2025
Lot #
4
Assessor's Map #
10
Legal Description (Abbrev)
NORTH STEVE RAYBURN SUB MCR 28-39 LOT 4 BLK 3 TOG WI LOT 6 BLK 3 TH/OF P/F 19-0149667
Assessor's Parcel #
26
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
114302
Taxes
868

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.33
Apx Total Acres G/N
G
Price Per Acre
1209090.91
# Units Allowed
14
Apx SqFt
14159
Price Per SqFt
28.18
Apx SqFt G/N
G
Lot Size Dimensions
100 x 141.59
Horses
N
Zoning
R5
Flood Zone
No
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
17th Ave & Sherman St.
Directions
I-17S take exit 199A, merge onto 23rd Ave, turn left on Grant St., turn right on 17th Ave, left on Sherman St., lot will be on the left.

Legal Info

Township
1N
Range
3E
Section
7
Lot Number
4

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Phone Call
Yes

More Information

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
399000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Multi-Family
Yes

Potential Use

Single Family
Yes
Multi-Family
Yes
Mobile/Mgf Hme/RV's
Yes

Parcel Size

.25 - .49 Acres
Yes

Land Configuration

Square Rectangular
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Up to 1 Mile
Yes

Sewer

Sewer - Public
Yes

Electric

APS
Yes

Topography

Level
Yes

Gas

None
Yes

Existing Structures

None
Yes

Irrigation

None
Yes

Distance to Cable

Call Listing Office
Yes

New Financing

Cash
Yes
Conventional
Yes
No Carry
Yes

Distance to Phone

Call Listing Office
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

None
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

On Property
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Other Loan

Not Applicable
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Single Family; Multi-Family; Mobile/Mgf Hme/RV's Parcel Size: .25 - .49 Acres Land Configuration: Square Rectangular Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise Irrigation: None Sewer: Sewer - Public Electric: APS Gas: None Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; No Carry Environmental: None Showing Notification Methods: Text; Phone Call Lockbox Type: None Fencing: Chain Link
IDX
Listing Office: Ivy Realty
Last Updated: June - 23 - 2026
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