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Residential Land for Sale in Phoenix, Arizona

1945 W Sherman St, Phoenix, AZ 85009

$115,000
0.12 acres
Active
ago
Est $803/mo

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.

Location

Street address
1945 W Sherman St, Unit 23
Community
Sellwell 1 6
School district
Murphy Elementary District
Elevation
1,063 feet
Coordinates
33.44, -112.102

Directions

North on 19th Ave., West on Sherman St. to address on the corner of Sherman St. and 20th Ave.

Property details

Lot size
0.117 acres5,097 sq ft
Zoning
R-3
MLS #
ARMLS 6989091
Posted

Property taxes

2025
$335 - SELLWELL

Parcels

  • 109-63-024

Details and features

Listing

Type
Land

Lot

Features
North/ South Exp

Exterior

Fencing
Chain Link

Nearby schools

NameTypeDistrict
Arthur M Hamilton SchoolElementaryMurphy Elementary District
Arthur M Hamilton SchoolMiddlePhoenix Union High School District
Central High SchoolHighPhoenix Union High School District

Listing history

DateEventPriceChangeSource
Feb 24, 2026New listing$115,000ARMLS
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This 0.117-acre property is located at 1945 W Sherman St Unit 23 in Phoenix, AZ 85009. The property is available for sale for $115,000.

Checked 2 hours ago — Updated

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