$2,599,000

3139 N 40TH Street, Phoenix, AZ 85018

Multi-Family Home
Built in 1955
—— sqft lot
—— car garage
$——/sqft
Listed 5 months ago

Property Description

On nearly a half-acre in Arcadia Lite, this property has a 3 bed & 2 bath single family house and a four plex. Each unit of the four plex is a full 1 bed & 1 bath with private backyard areas. This property is the perfect opportunity for a long-term rental, short-term rental, sober living, residential assisted living, etc! Full cosmetic remodel completed in 2022, this property is an investors dream. The property is equipped with a pool which is closed off to only the main house, putt-putt golf, and bocce ball. Block walls around the perimeter of the house give full privacy. Property had a 2 year tenant paying $24K/mo and averaged $28K/mo in January, February and March of 2025. Financials for the property are available in the Documents Tab of this listing.

Listing Status:: Active
Date Added:: May 29, 2025 at 05:00AM
Listing Office:: Gentry Real Estate : 480-750-9910
Listing Agent:: Bryant William Aplass : 480-703-5914
MLS ID:: 6874576

Flooring: Vinyl
A/C: Electric
Heating: Natural Gas

Parking: <1 Space Per UnitParking spaces: 14

Roofing: CompositionTileFoam
General: Brick VeneerPaintedAdobeBlock

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Scottsdale Unified District
County: Maricopa

Zoning: R-312715048

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Bryant William Aplass, Gentry Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Tavan Elementary School

4610 E Osborn Rd, Phoenix, AZ, 85018

Grades PK-5

0.79 miles away

Ingleside Middle School

5402 E Osborn Rd, Phoenix, AZ, 85018

Grades 6-8

1.81 miles away

Arcadia High School

4703 E Indian School Rd, Phoenix, AZ, 85018

Grades 9-12

0.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.