- $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. Financials for the property are available in the Documents Tab of this listing.
Essential Information
- MLS® #6874576
- Price$2,599,000
- 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
Price Change History for 3139 N 40th Street, Phoenix, AZ (MLS® #6874576)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,649,000 to $2,599,000 |
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 September 7th, 2025 at 6:36am MST.