1608 W SHERMAN Street # 4 Phoenix, AZ ^$ 399,000

1608 W SHERMAN Street # 4

^$ 399,000

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1608 W SHERMAN Street # 4

Phoenix, AZ, 85007

^$ 399,000

Studio Baths0.0

Monthly Estimate*

^$ 2,519

1608 W SHERMAN Street # 4, Phoenix, AZ 85007 - Image 1

1608 W SHERMAN Street # 4, Phoenix, AZ 85007 - Image 2

Studio

Lots and Land for sale in Phoenix, AZ

for $399,000. The lot size is 0.33.

LOCATED RIGHT OFF DOWNTOWN! Formerly 2 separate lots with single family homes. Could easily be split again for 2 SFR projects. Perfect for an Apartment or Condo project up to 14 units. Located just 2 miles from downtown and close to the airport. Properties to the North are zoned C-3 commercial lots. Potential rezoning available. This downtown Phoenix area has new & established single family, multi-residential developments and commercial properties. Lot is currently being rented for storage at $1100 monthly.

Lots and Land Active

Price

^$ 399,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 868

Style

Land

Lot Size

0.33

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7045562

Features

General

Sewer Public Sewer

Zoning R5

Electric APS

Topography Level

Township 1N

Unit Number 4

Tax Year 2025

County Maricopa

Property Type Land

HOA N

Subdivision Name NORTH STEVE RAYBURN SUBDIVISION

Possible Use Single Family Multi-Family Mobile/Mgf Hme/RV's

Other Structures None

Special Listing Conditions N/A

Status Active

Directions I-17S take exit 199A merge onto 23rd Ave turn left on Grant St. turn right on 17th Ave left on Sherman St. lot will be on the left.

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Lot Size Units Acres

Lot Size Square Feet 14159.0

Carport Y/N N

Tax Annual Amount 868.0

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

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 4

New Financing: Conventional True

Senior Community N

Exterior

Fencing Chain Link

Water Source City Franchise

Lot Size Area 0.33

Spa N

Lot Dimensions 100 x 141.59

Lot Size Acres 0.33

Road Surface Type Asphalt

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Baths 0

Internal Only

Street Number 1 1608

* Excluded Features

List By

Ivy Realty

Broker

emily.weaver06@yahoo.com

Affordability Calculator

$2,592

Per Month

Monthly Principal & Interest: $2,519
Monthly Property Taxes: $72
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 6.49% 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

Lots and land listings in Phoenix, AZ

Average List Price ^$868,194

Percent of Sale Price 118%

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.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/23/2026	$399,000		Listed Price

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1608 W SHERMAN Street # 4, Phoenix, AZ, 85007 is a Lots and Land for sale at $399,000 with a lot size of 0.33. 1608 W SHERMAN Street # 4 is a studio with 0.0 baths. 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 6.49% 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 6/24/2026.

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1608 W SHERMAN Street # 4

Lots and Land for sale in Phoenix, AZ

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