1748 W SHERMAN Street Phoenix, AZ ^$ 365,000

1748 W SHERMAN Street

^$ 365,000

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1748 W SHERMAN Street

Phoenix, AZ, 85007

^$ 365,000

Studio Baths0.0

Monthly Estimate*

^$ 2,277

1748 W SHERMAN Street, Phoenix, AZ 85007 - Image 1

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1748 W SHERMAN Street, Phoenix, AZ 85007 - Image 8

1748 W SHERMAN Street, Phoenix, AZ 85007 - Image 9

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $365,000. This home was built in 2008.

Welcome to 1748 W Sherman St, a well-located multi-family property in the heart of Phoenix's desirable Central City neighborhood. Built in 2008, this duplex offers solid rental income potential with two spacious units featuring 3 bedrooms and 1 bathroom each. Nestled on a generous 6,780 sq ft lot. Both units include functional interiors with ceramic tile and vinyl flooring and essential appliances. Tenants pays electric. Don't miss this fantastic investment!

Multi-Family Active

Price

^$ 365,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 949

Style

Multiple Dwellings

Year Built

2008

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6959186

Features

General

Sewer Public Sewer

Heating Electric

Cooling Electric

Roof Composition

Zoning MULTI

Construction Materials Wood Frame Stucco

Year Built 2008

Electric APS

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 36000.0

Community Features No Pool

County Maricopa

Net Operating Income 18050.0

Operating Expense 3360.0

Insurance Expense 0.0

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 0.0

Subdivision Name WISE ADD

Garage Y/N N

Status Active

Directions From Downtown Phoenix head west on W Washington St. Continue west for approximately 1.4 miles. Turn right (north) on N 19th Ave and continue for about 0.4 miles. Turn left (west) on W Sherman St. Pro

City Phoenix

Disclosures None

Open Parking Spaces 2.0

Number Of Units Total 2

Carport Y/N N

Tax Annual Amount 949.3

Electric Expense 0.0

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 3360.0

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

Tax Lot 156

Cap Rate 4.95

Senior Community N

New Financing: Cash True

Interior

Flooring Ceramic Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features On Street Carport

Water Source City Franchise

Total Parking 4.0

Number of Buildings 1

Spa N

Lot Dimensions 50x142

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1748

* Excluded Features

List By

W And Partners, Llc

Broker

mayra@casamiagroup.com

Affordability Calculator

$2,356

Per Month

Monthly Principal & Interest: $2,277
Monthly Property Taxes: $79
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,222,999

Percent of Sale Price 235%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/18/2025	$365,000		Listed Price

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1748 W SHERMAN Street, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $365,000. 1748 W SHERMAN Street is a studio with 0.0 baths and was built in 2008. The property's zip code is 85007 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is 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.

Data is updated as of 12/19/2025.

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1748 W SHERMAN Street

Multi-Family Home for sale in Phoenix, AZ

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