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1802 W SHERMAN Street Phoenix, AZ $ 600,000
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$ 600,000 Get more info
1802 W SHERMAN Street
$ 600,000
Back to search
Share Save

1802 W SHERMAN Street

Phoenix, AZ, 85007
$ 600,000
Baths0.0

Monthly Estimate*

$ 3,743

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $600,000. This home was built in 2006.

Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied—do not disturb tenants.This home qualifies for a limited-time lender-paid 2-1 buydown— reduced monthly payments for the first 2 years years at no cost to the buyer or seller.

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Multi-Family Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,458

Style

Multiple Dwellings

Year Built

2006

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6917397
Features
General
Sewer Public Sewer
Heating Central Heat Pump 2 or More Units
Cooling Central Air 2 or More Units
Roof Composition
Zoning C-3 Phx CG Cnty
Construction Materials Wood Frame Painted Stucco
Year Built 2006
Electric APS
Township 1N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 40800.0
Community Features No Pool
County Maricopa
Net Operating Income 40800.0
Operating Expense 2813.0
Insurance Expense 1355.0
Property Type Multiple Dwellings
Attached Garage Y
MaintenanceExpense 0.0
Subdivision Name WISE ADD
Garage Y/N Y
Status Active
High School Central High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 2
Carport Y/N N
Elementary School Ralph Waldo Emerson Elementary School
Tax Annual Amount 1458.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Ralph Waldo Emerson Elementary School
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Phoenix Elementary District
Tax Lot 155
Cap Rate 6.8
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Other Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features RV Access/Parking Paved Free Attached >1 Space Per Unit
Water Source City Franchise
Total Parking 8.0
Number of Buildings 2
Spa N
Lot Dimensions 50 x 136 6769sqft
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1802
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* Excluded Features
List By
Realty One Group

Broker

Maria@mariatguerrero.com

Email

Affordability Calculator

$3,865
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$122
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327332 Elementary School
4327332 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/11/2025$600,000 -4.00% Price Down
10/7/2025$625,000 -3.85% Price Down
9/10/2025$650,000 Listed Price

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1802 W SHERMAN Street, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $600,000. 1802 W SHERMAN Street is a studio with 0.0 baths and was built in 2006. The property's zip code is 85007 which is in Phoenix, AZ

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