#6836432, Nicole Mignano, Listing Office: EMG Real Estate

1514 W Sherman St Phoenix, AZ 85007
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
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
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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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$274,900
1514 W Sherman St
$3,264
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
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
Year | Assessment | Property 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.
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.
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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.