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1728 W Sherman St - 1728 W Sherman St 650 SF Flex Condo Unit Offered at $849,000 in Phoenix, AZ 85007
Executive Summary
Brand new triplex 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Build to Suit |
| Cap Rate | 7.00% | APN/Parcel ID | 112-09-162 |
| No. Parking Spaces | 3 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| No. Parking Spaces | 3 |
| Sale Conditions | Build to Suit |
| APN/Parcel ID | 112-09-162 |
Description
Brand new triplex 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.
Sale Notes
Brand new triplex in the heart of phoenix, offering an exceptional opportunity for investors or owner-occupants.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 | 650 SF | Flex | $849,000 ($1,306.15/SF) | $59,430 |
Unit 3
| Unit Size |
| 650 SF |
| Condo Use |
| Flex |
| Price |
| $849,000 ($1,306.15/SF) |
| NOI |
| $59,430 |
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Unit 3
| Unit Size | 650 SF |
| Condo Use | Flex |
| Price | $849,000 ($1,306.15/SF) |
| NOI | $59,430 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| No. Parking Spaces | 3 |
| Sale Conditions | Build to Suit |
| APN/Parcel ID | 112-09-162 |
| Description | |
| Brand new triplex 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.</li></ul> | |
| Sale Notes | |
| Brand new triplex in the heart of phoenix, offering an exceptional opportunity for investors or owner-occupants.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 5,326 SF | Typical Floor Size | 325 SF |
| Property Type | Multifamily (Condo) | Year Built | 2025 |
| Property Subtype | Apartment | Lot Size | 0.32 AC |
| Building Class | B | Parking Ratio | 4.62/1,000 SF |
| Floors | 2 | ||
| Zoning | R-3 | ||
| Total Building Size | 5,326 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 325 SF |
| Year Built | 2025 |
| Lot Size | 0.32 AC |
| Parking Ratio | 4.62/1,000 SF |
| Zoning | R-3 |
Amenities
Site Amenities
- Walk-Up
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1728 W Sherman St - 1728 W Sherman St
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