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Residential Development Land Lot

1608 W SHERMAN Street Phoenix, AZ 85007

1608 W SHERMAN Street, Phoenix, AZ, 85007
$399,000
For Sale
Claim this Listing
$399,000

LAND - Phoenix, AZ

Lot Size0.33 Acres
AddedJun 23
Days on Market23
Last RefreshJul 15 at 6:06 pm

Property Features for 1608 W SHERMAN Street

General Information

Property type
Land
Property subtype
Other
Zoning
R5
Fencing
Chain Link
Standard status
Active
APN
112-10-026-A
Lot size
0.33 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
NORTH STEVE RAYBURN SUB MCR 28-39 LOT 4 BLK 3 TOG WI LOT 6 BLK 3 TH/OF P/F 19-0149667
Tax Annual Amount
868

Utilities

Sewer type
Public Sewer

Listing agent Emily Weaver License #SA668881000

Listing office Ivy Realty 20325 N 51st Ave #134, Scottsdale, AZ

Listing date Jun 23, 2026

MLS# 7045562 Listing URL

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This residentially zoned land parcel was formerly two separate lots with single-family homes and could be split again for two SFR projects. The property totals approximately 0.33 acres and is currently being rented for storage. The listing also notes potential for an apartment or condo project up to 14 units.

The site is located right off downtown Phoenix, about 2 miles from downtown, and close to the airport. The remarks state that properties to the north are zoned C-3 commercial, and that rezoning may be available.

The offering presents a development-focused land opportunity within a mix of new and established single-family and multi-residential development, along with commercial properties in the surrounding area.

Key Highlights

  • Lot right off downtown Phoenix (storage rental currently pays $1,100/month)
  • Previously two separate lots with single‑family homes; could be split again for 2 SFR projects
  • Potential for apartment or condo project with capacity up to 14 units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Dental Office Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic Bakery Veterinary Clinic Pharmacy Real Estate Agency Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - Residentially zoned land with history as two single-family lots and current storage rental income.
Where is this residential land & home lot located?
The property is located at 1608 W SHERMAN Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Lot right off downtown Phoenix (storage rental currently pays $1,100/month); Previously two separate lots with single‑family homes; could be split again for 2 SFR projects; Potential for apartment or condo project with capacity up to 14 units
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