1728 W Sherman St Phoenix, AZ 85007
Central City NeighborhoodEstimated payment $4,330/month
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Central Heating
About This Home
FULLY OCCUPIED BRAND NEW TRIPLEX NO VACANCY. This property is in the heart of phoenix, offering an exceptional opportunity for investors or owner-occupants. This newly constructed building features three separate units, 2 unit are 2 bedrooms, 1 bathroom andone unit is a 1 bedroom 1 bathroom , a private laundry room, an attached 2-car epoxy-coated garage, and a private balcony. Built with quality and efficiency in mind, the property includes spray foam insulation throughout, helping reduce energy costs and enhance comfort. All units are separately metered, making management simple and maximizing rental flexibility.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $644
Year Built
- Built in 2025
Home Design
- Wood Frame Construction
- Foam Roof
- Block Exterior
- Stucco
Parking
- 1 Open Parking Space
- 7 Parking Spaces
- 6 Covered Spaces
Schools
- Mary Mcleod Bethune Elementary School
- Maie Bartlett Heard Middle School
- Central High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Tax Lot 160
- Assessor Parcel Number 112-09-160
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 50ft wide by 140ft long
- Wise Add Subdivision
Building Details
- Operating Expense $644
- Gross Income $61,200
- Net Operating Income $61,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $644 | $4,537 | -- | -- |
| 2024 | $601 | $4,321 | -- | -- |
| 2023 | $601 | $18,270 | $3,650 | $14,620 |
| 2022 | $0 | $16,670 | $3,330 | $13,340 |
| 2021 | $0 | $10,820 | $2,160 | $8,660 |
| 2020 | $0 | $9,230 | $1,840 | $7,390 |
| 2019 | $0 | $8,970 | $1,790 | $7,180 |
| 2018 | $511 | $7,680 | $1,530 | $6,150 |
| 2017 | $493 | $5,260 | $1,050 | $4,210 |
| 2016 | $479 | $5,060 | $1,010 | $4,050 |
| 2015 | $436 | $4,230 | $840 | $3,390 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2026 02/01/26 | Price Changed | $830,000 | -0.5% | -- | |
| 01/18/2026 01/18/26 | Price Changed | $834,000 | -0.6% | -- | |
| 01/05/2026 01/05/26 | Price Changed | $839,000 | -1.2% | -- | |
| 01/02/2026 01/02/26 | Off Market | $849,000 | -- | -- | |
| 12/30/2025 12/30/25 | For Sale | $849,000 | 0.0% | -- | |
| 11/21/2025 11/21/25 | For Sale | $849,000 | +324.5% | -- | |
| 12/09/2021 12/09/21 | Sold | $200,000 | -50.0% | $90 / Sq Ft | View Prior Sale |
| 11/29/2021 11/29/21 | Pending | -- | -- | -- | |
| 11/29/2021 11/29/21 | For Sale | $400,000 | -- | $180 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Title Services Of The Valley | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Empire Title Agency | |
| Warranty Deed | $185,000 | Empire Title Agency | |
| Warranty Deed | $162,000 | Empire Title Agency | |
| Warranty Deed | $200,000 | Grand Canyon Title | |
| Warranty Deed | -- | Grand Canyon Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $550,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6950554
APN: 112-09-162A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 1802 W Sherman St
- 1722 W Hadley St
- 1806 W Sherman St
- 1813 W Sherman St
- 1601 W Grant St Unit 2
- 1411 S 18th Ave Unit 3
- 1941 W Sherman St
- 1527 W Hadley St
- 1523 W Hadley St
- 830 S 15th Ave
- 2024 W Hadley St
- 2002 W Maricopa St
- 1714 W Hadley St Unit 21
- 1722 W Yuma St
- 1239 S 16th Ave
- 2108 W Hadley St
- 2130 W Sherman St
- 1125 W Grant St Unit 13
- 1121 W Grant St Unit 11
- 1214 S 13th Ave Unit 49
- 1725 W Sherman St Unit C
- 1725 W Sherman St Unit A
- 1725 W Sherman St Unit B
- 1721 W Sherman St Unit C
- 1721 W Sherman St Unit B
- 1721 W Sherman St Unit A
- 1759 W Hadley St Unit C
- 1920 W Tonto St Unit 1
- 2006 W Madison St Unit A
- 2006 W Madison St Unit B
- 2135 W Hadley St Unit 1
- 2135 W Hadley St Unit 3
- 201-209 N 16th Ave
- 2032 W Adams St Unit 2
- 2032 W Adams St Unit 3
- 1401 S 11th Ave Unit B
- 2121 W Adams St Unit B201
- 2121 W Adams St Unit B202
- 2121 W Adams St Unit B105
- 2324 W Maricopa St Unit 1
Ask me questions while you tour the home.