$274,900

1514 W Sherman St Phoenix, AZ 85007

$3,264
Closing credit¹
House

Property details

About 1514 W Sherman St

Situated close to Downtown Phoenix, property offers a fantastic value-add opportunity for investors. This multifamily property features three units: a front duplex with two 1-bedroom, 1-bathroom units, and a 2-bedroom, 1-bathroom single-family home at the rear. Ideally located near Phoenix Memorial Hospital and just under two miles from Downtown Phoenix, this property presents great potential for growth.

Highlights

Home typeOther
HeatingOther
StatusActive
CoolingOther
Year built1946
Parking1 Space/Unit
MLS #6825868

Summary

  • Flooring Type: Ceramic Tile, Vinyl
  • Parking: 1 Space/Unit
  • Heating: Other
  • Cooling: Other
  • List Price: $274,900
  • Annual Tax Amount: $378
  • Tax Year: 2024
  • Directions: Head southeast on N W Grand Ave toward W Moreland St, Slight right onto N 15th Ave, Continue straight to stay on N 15th Ave, Turn right onto W Sherman St
  • Year Built: 1946
  • MLS Number: 6825868
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: JM Realty
  • Office Phone: (480) 785-5612
  • Office Email: joseph.mahoney@jmrealty.net
  • Listing Agent: Joseph P Mahoney

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring fence

$274,900

1514 W Sherman St

$3,264

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 28, 2021
Home Sold
$245,000
Jan 28, 2019
Home Sold
$99,000
Oct 26, 2018
Home Sold
$92,500
Jul 30, 1998
Home Sold
$24,000

Tax history

YearAssessmentProperty Tax
2024$20,970$378
2023$20,300$364
2022$10,520$362
2020$6,420$366
2019$5,020$359
2017$3,350$351

History based on county public records data.

Nearby schools

8

Vista College Preparatory

Public Charter KG-5

0.6 mi

812 S 6th Ave

4

Asu Preparatory Academy- Phoenix Elementary School

Public Charter KG-4

1.9 mi

735 E Fillmore St

2

J. B. Sutton Elementary School

Public District KG-5

2.3 mi

1001 N 31st Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,057. Typical income of Phoenix, AZ residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

79%
<35k
17%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
21%
Single, with Kids
9%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1514 W Sherman St

The listing price of 1514 W Sherman St property is $274,900.

The property 1514 W Sherman St is a house located in Phoenix, Arizona, 85007.

Active Listing: 1514 W Sherman St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1514 W Sherman St are: Vista College Preparatory (GreatSchools Rating 8/10), Asu Preparatory Academy- Phoenix Elementary School (GreatSchools Rating 4/10), J. B. Sutton Elementary School (GreatSchools Rating 2/10), Bethune School (GreatSchools Rating 3/10), Dunbar School (GreatSchools Rating 3/10), Capitol School (GreatSchools Rating 4/10), City View High School (GreatSchools Rating 2/10), Franklin Police and Fire High School (GreatSchools Rating 6/10), Phoenix Union Bioscience High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $378 (source: MLS/based on county public records data).

The last sale was on April 28, 2021 for $245,000 (source: MLS/tax record).

The property at 1514 W Sherman St has 0 bathroom.

The year of construction for 1514 W Sherman St is 1946.

This home is located at 1514 W Sherman St in Phoenix, AZ and zip code 85007 in the Central City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $274,900.

While more than 217 listings in Phoenix, AZ in April 2025 were sold above asking price, there were more than 405 listings sold at asking price, and more than 786 were sold below. The number of listings in Phoenix, AZ increased by 5.8% between March and April 2025. Listings spent 67 days on the market in April 2025, and had a median list price of $457,998 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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