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Mixed-Use Land for Sale in Phoenix, Arizona
1608 W Sherman St, Phoenix, AZ 85007
$399,000
0.33 acres
Active sale
ago
Est $2,762/moLOCATED 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.
Location
- Street address
- 1608 W Sherman St, # 4
- County
- Maricopa County
- Zip code
- 85007
- Community
- North Steve Rayburn Subdivision
- School district
- Phoenix Elementary District
- Elevation
- 1,069 feet
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.
Property details
- Lot size
- 0.33 acres14,375 sq ft
- Zoning
- R5
- MLS #
- ARMLS 7045562
- Posted
Property taxes
- 2025
- $868
Parcels
- 112-10-026-A
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
Details and features
Listing
- Type
- Land
Exterior
- Fencing
- Chain Link
Structure
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 15, 2026 | New listing | $399,000 | — | ARMLS |
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