$499,999
$20K PRICE DROP

Estimated payment $2,626/month

Total Views 1,838
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Window Unit Heating System
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

Multi-Unit Investment Opportunity in Central Phoenix!
Discover this rare opportunity to own two adjacent properties—1809 & 1813 W Sherman St—sold together as one package. The combined lots feature three separate buildings totaling three units, including two single-family homes and one studio. Each unit offers unique potential for rental income, multi-generational living, or redevelopment in a rapidly appreciating area near downtown Phoenix.

Listing Agent

Jose Esquivel

Real Broker License #BR644495000 Listed on: 10/29/2025

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $48

Year Built

  • Built in 1940

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 6 Parking Spaces
  • Carport

Schools

  • Kenilworth Elementary School
  • Magnet Traditional Middle School
  • Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 112-13-056

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 132x100
  • North Grier Place Subdivision

Building Details

  • Operating Expense $45
  • Gross Income $211,200
  • Net Operating Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$48

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: GRANT AND 19TH AVE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2024
  • Subdivision Name: NORTH GRIER PLACE
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Disposal
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Window/Wall Unit, Electric, Individual
  • Heating: Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Magnet Traditional School

Lot Info

  • Lot Size: 132x100
  • Additional Parcels: Yes
  • Parcel #: 112-13-056

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 211200.0
  • Property Net Operating Income: 52800.0
  • Annual Operating Expense: 45.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 45.0
  • Tax Book Number: 112.00
  • Tax Lot: 8

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $48 $376 $376 --
2024 $44 $358 $358 --
2023 $44 $1,390 $1,390 $0
2022 $43 $1,240 $1,240 $0
2021 $43 $960 $960 $0
2020 $43 $820 $820 $0
2019 $43 $740 $740 $0
2018 $42 $670 $670 $0
2017 $41 $460 $460 $0
2016 $40 $430 $430 $0
2015 $36 $350 $350 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 Price Changed $499,999 -3.8% --
10/29/2025 10/29/25 For Sale $520,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Great American Title Agency
Trustee Deed $45,000 Great American Title
Interfamily Deed Transfer -- First Financial Title Agency
Trustee Deed $4,108 First American Title
Trustee Deed -- Tsg Title Agency Inc
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6941203

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-13-056