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17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
17859 N 40TH Street
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$879,000

17859 N 40TH Street

Description

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.

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Location

17859 N 40TH Street, Phoenix, AZ 85032

Status

For Sale

Property Amenities

Interior
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
Flooring Tile, Laminate
Area & Lot
MLS® ID 6998148
Year Built 1981
School District Paradise Valley Unified District
Type Multi-Family
Status For Sale
Exterior
Air conditioning Ceiling Fan(s), Electric
Heat type Electric
Water Source City Franchise
Sewer Public Sewer
Parking Paved, 1 Space Per Unit, Carport
Roof Composition
Finance
Sales Price $879,000
Real Estate Tax $1,863 yearly
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Schedule a Showing

We would love to show you this beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 17859 N 40TH Street, Phoenix, AZ 85032. We are reviewing your request and will be in touch shortly!

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