1514 W Sherman St

Phoenix AZ 85007

Multi-Family

Last sold for $240,000

Joseph Mahoney, last sold this property on 11 July 2025 after 1457 days on market.

Overview

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.

Features

5 carspaces

5 open car spaces

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Phoenix over the last 12 months, the estimated median property value of 1514 W Sherman St is $527k.

Median value

$527k

Estimated value range

$154k - $1.5m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1514 W Sherman St

2025

Sold

$240,000

11 Jul 2025 by Joseph Mahoney, of JM Realty

2019

Sold

$99,000

27 Jan 2019

2018

Sold

$92,500

26 Oct 2018 by Daniel Barraza, of My Home Group Real Estate

Happy sellers in Phoenix

We have insufficient information to provide an overview of customer satisfaction for Phoenix. Viewing the agent profiles, reviews and sales for Phoenix can provide insights for this location.