3139 N 40th St

Phoenix, AZ 85018
  • $2,600,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing xpre07 - ek054

Rare investment opportunity in Arcadia Lite! Flexible 5-unit residential compound ideal for residential assisted living, adult care, sober living, transitional housing, or premium rental income with high ROI! Nearly ½-acre property w/ 3BR/2BA single-family+ 4-plex w/ 1BR/1BA units, each w/ private yard! Excellent setup for assisted living or adult care model w/ multiple living spaces & inviting amenities for high quality of life. True turnkey asset w/ full cosmetic remodel in 2022. Low operating expenses & no major capital outlay required to create immediate revenue opportunity. Desirable outdoor living w/ pool, hot tubs, bocce ball and lots of green space. Block wall perimeter with controlled access for privacy & security. Expanded income options w/ minimal modifications too! remodel completed in 2022 makes this a true turnkey asset, reducing near-term capital expenses and positioning the property for immediate operation. The grounds are designed for lifestyle and engagementan important value driver for both premium rentals and care-related housingfeaturing putt-putt golf and bocce ball. A private pool is secured and closed off exclusively to the main home, adding an additional amenity layer and operational flexibility. Block walls around the perimeter provide exceptional privacy and a secure, enclosed environmentideal for resident comfort, quiet enjoyment, and controlled access.

Listing Highlights

Status Active
Days on Site 33
Property Type Multi-Family
MLS ® 6979920
Year Built 1955
Total Square Footage 0
Lot/Acreage N/A
County Maricopa
Neighborhood Palo Alto Park
School District Phoenix Elementary District

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Electric
  • Heating: Electric
  • Fireplaces:
  • Floor: Ceramic Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Master Meter,City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Composition,Tile,Foam
  • Others:
  • Sewer: Public Sewer
  • Parking Features: <1 Space Per Unit

Financial Details

  • Tax Amount: $2,239
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 127-15-048
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

3139 N 40th St Phoenix, AZ 85018

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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