1728 W Sherman Street, Phoenix, AZ 85007
$830,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$830,000
Last Modified:
3/19/2026
Overview
Description
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.
Listing Details MLS# 6950554
Location, Tax & Legal
- House Number
- 1728
- Compass
- W
- Street Name
- Sherman
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85007
- County Code
- Maricopa
- Subdivision
- WISE ADD
- Assessor Number
- 112-09-160
- Tax Year
- 2023
- Assessor's Map #
- 9
- Assessor's Parcel #
- 160
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Taxes
- 644
- Legal
- WISE ADD MCR 5-27 LOTS 160 & 161
- Marketing Name
- WISE ADD
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 50ft wide by 140ft long
- Year Built
- 2025
- Uncvrd Parking Spcs
- Yes
- Total # of Units
- 3
- # of Buildings
- 2
- Zoning
- R-4
- Flood Zone
- No
- Elementary School District
- Phoenix Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Mary Mcleod Bethune School
- Jr. High School
- Maie Bartlett Heard School
- High School
- Central High School
Remarks Misc
- Cross Street
- 19th Ave and Grant
Status Change Info
- Off Market Date
- 2026-03-18
- Under Contract Date
- 2026-03-10
Legal Info
- Township
- 1N
- Range
- 3E
- Section
- 7
- Lot Number
- 160
More Information
Income Expenses
- Gross Annual Sch Inc
- 61200
- Net Operating Income
- 61200
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Yes
- Phone Call
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- Yes
- Avg Rent
- 1500
- Avg SqFt
- 450
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 1900
- Avg SqFt
- 650
- # Baths
- Yes
Project Type
- Tri-Plex
- Yes
Construction
- Block
- Yes
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Foam
- Yes
Floors
- Laminate
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 644
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 61200
Pmt & Rate Info
- Cap Rate
- 7.37
- Equity
- 830000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- Supra
- Yes
Community Features
- No Pool
- Yes
Heating
- Central
- Yes
Cooling
- Ceiling Fan(s)
- Yes
Exterior Amenities
- Fenced
- Yes
- Patio/Balcony
- Yes
Tenant Pays
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Trash Collection
- Yes
- Cable TV
- Yes
- Landscaping
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Treated
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Garage
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
Owner Pays
- None
- Yes
New Financing
- Cash
- Yes
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
- No Carry
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Tri-Plex
Construction:
Block; Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Foam
Floors:
Laminate
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Fenced; Patio/Balcony
Appliances Included:
Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating:
Central
Cooling:
Ceiling Fan(s)
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
None
Parking Features:
Garage
Road Surface Type:
Treated
Owner Pays:
None
Tenant Pays:
Water; Sewer; Electricity; Trash Collection; Cable TV; Landscaping
Source of Fincl Data:
Owner
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
Supra
Existing 1st Loan:
Treat as Free&Clear
New Financing:
Cash; VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental:
None
Documents
ABA - eXp ›
Listing Office:
eXp Realty
Last Updated: March - 19 - 2026
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