1608 W Sherman Street Unit 4, Phoenix, AZ 85007

$399,000
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List Price
$399,000
Days on Market
40
Status
ACTIVE
MLS#
7045562
City
Phoenix
Lot Size
14,159
Subdivision
North Steve Rayburn Subdivision
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Property 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.

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Additional Information

Acres
0.33
Electric
APS
Fencing
Chain Link
Lot Size
14,159
New Financing
Cash, Conventional, No Carry
Subdivision
North Steve Rayburn Subdivision
Taxes
$868
Tax Year
2025
Water
City Franchise
Zoning
R5
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Listing courtesy of Ivy Realty.