3139 N 40th Street, Phoenix, AZ 85018

Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
3139 N 40th Street,Phoenix, AZ 85018
$2,549,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bryant william aplass480.703.5914
Office: gentry real estate
MLS#:6874576
Source:ARMLS

Price summary

  • Price:$2,549,000

About this home

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.

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Home facts

  • Year built:1955
  • Listing ID #:6874576
  • Updated:December 17, 2025 at 07:44 PM

Heating and cooling

  • Cooling:Electric
  • Heating:Natural Gas

Structure and exterior

  • Year built:1955

Schools

  • High school:Arcadia High School
  • Middle school:Ingleside Middle School
  • Elementary school:Tavan Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$2,549,000
  • Tax amount:$2,138 (2024)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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