- $2.6M Price
3139 N 40th Street
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. The property has great value-add opportunity if additional units were placed on the property.
Essential Information
- MLS® #6874576
- Price$2,649,000
- Bathrooms0.00
- Acres0.00
- Year Built1955
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address3139 N 40th Street
- SubdivisionPALO ALTO PARK
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85018
Amenities
- Parking Spaces14
- Parking<1 Space Per Unit
Amenities
Other, See Remarks, Play Area, Heated Pool(s), Pool
Interior
- HeatingNatural Gas
- CoolingElectric
Appliances
Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Exterior
- RoofComposition, Tile, Foam
Construction
Brick Veneer, Painted, Adobe, Block
School Information
- DistrictScottsdale Unified District
- ElementaryTavan Elementary School
- MiddleIngleside Middle School
- HighArcadia High School
Additional Information
- ZoningR-3
Listing Details
- OfficeGentry Real Estate
Gentry Real Estate.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on June 18th, 2025 at 5:30am MST.