Trusted Real Estate Experts in Sierra Vista, Fort Huachuca, Benson, and Bisbee Arizona

17859 N 40TH Street

Phoenix, AZ 85032

MLS#: 6998148

$879,000

Status: Active
Listing number: 6998148
Listing provided by: Compass
Listing agent phone: None
Last update: 7 days ago
On site: 2 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1981

Sq.Footage

0

This 4plex presents a rare opportunity for investors to acquire a property with immediate upside. Whether you're looking to lease at current market rents or pursue a strong Section 8 rental strategy, this property offers the flexibility to place tenants and optimize income from day one. The property features four spacious units, including three 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit with a private patio, an appealing unit mix that attracts a wide range of tenants. Each residence offers comfortable living space, while the property includes an on-site laundry facility and convenient parking for residents. Recent improvements provide a strong foundation for ownership, including fresh paint, a newly repaved parking area, and updated windows and patio doors. These upgrades help reduce near-term capital expenses while presenting a clean, refreshed environment ready for new tenants. Location is a key driver of this investment. The property sits just minutes from the Arizona State Route 51, providing quick connectivity to major employment centers across the Valley, including Downtown Phoenix and Scottsdale. Tenants also benefit from proximity to education, recreation, and everyday conveniences, including Paradise Valley Community College and the nearby green space at Paradise Valley Park. With strong rental demand throughout North Phoenix and a location that offers both accessibility and neighborhood amenities, this property presents an exceptional opportunity for an investor to stabilize the asset quickly and capture long-term income potential in a well-established rental market. SELLER OPEN TO SELLER FINANCING!!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Paved, Carport

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $879,000

  • Tax Amount

    $1,863

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Paradise Valley Unified District

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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Location

County

Maricopa

Elementary School

Paradise Valley Unified District

Middle School

High School

Listing Courtesy of Cariste Blase Harlan , Compass

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Agent Mandy Gold

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Mandy Gold

Call Mandy today to schedule a private showing.

(520) 335-3204

mandy@mandygoldteam.com


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This 4plex presents a rare opportunity for investors to acquire a property with immediate upside. Whether you're looking to lease at current market rents or pursue a strong Section 8 rental strategy, this property offers the flexibility to place tenants and optimize income from day one. The property features four spacious units, including three 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit with a private patio, an appealing unit mix that attracts a wide range of tenants. Each residence offers comfortable living space, while the property includes an on-site laundry facility and convenient parking for residents. Recent improvements provide a strong foundation for ownership, including fresh paint, a newly repaved parking area, and updated windows and patio doors. These upgrades help reduce near-term capital expenses while presenting a clean, refreshed environment ready for new tenants. Location is a key driver of this investment. The property sits just minutes from the Arizona State Route 51, providing quick connectivity to major employment centers across the Valley, including Downtown Phoenix and Scottsdale. Tenants also benefit from proximity to education, recreation, and everyday conveniences, including Paradise Valley Community College and the nearby green space at Paradise Valley Park. With strong rental demand throughout North Phoenix and a location that offers both accessibility and neighborhood amenities, this property presents an exceptional opportunity for an investor to stabilize the asset quickly and capture long-term income potential in a well-established rental market. SELLER OPEN TO SELLER FINANCING!!

17859 N 40TH Street

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