Phoenix Multifamily Investment Opportunity

17859 N 40TH Street, Phoenix, AZ 85032

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For Sale

$879,000

MULTI_FAMILY - Phoenix, AZ

HighLights

Immediate income potential with flexibility to lease at market rents or pursue a Section 8 rental strategy.
Prime location near Arizona State Route 51, providing easy access to major employment centers, Paradise Valley Community College, and Paradise Valley Park.
Appealing unit mix: three 2‑bedroom, 1‑bath units and one 2‑bedroom, 2‑bath unit with a private patio.
Recent improvements including fresh paint, newly repaved parking area, and updated windows and patio doors.
On‑site laundry facility and convenient parking for residents.
Seller open to seller financing.

We can help!

Listing Contact

Cariste Blase Harlan

For Sale

$879,000

MULTI_FAMILY - Phoenix, AZ

Added:: Mar 13, 2026
Days on Market:: 97
Last Refresh:: Jun 17 at 7:06 pm

Property Features for 17859 N 40TH Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: Multi
Parking features: Carport
Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
Standard status: Active
APN: 215-16-063-S

Taxes and HOA fees

Tax Year: 2025
Tax Description: PT LOT 2 DAF BEG SW COR LOT 2 TH N ALG W LN 778.5 OF TH E 55F TPOB TH CONT E 152.05F TH N 84.23F T H
Tax Annual Amount: 1863

Utilities

Sewer type: Public Sewer
Heating system: Electric (Heating)
Cooling system: Ceiling Fan(s), Electric

Building Details

Year built: 1981
Number of units: 4
Flooring type: Tile, Laminate
Building materials: Wood Frame, Painted, Stucco
Roof type: Composition

We can help!

Listing Contact

Cariste Blase Harlan

Listing agent Cariste Blase Harlan License #SA707775000

Listing office Compass 4222 N Marshall Way Suite A, Scottsdale, AZ

Listing date Mar 13, 2026

MLS# 6998148 Listing URL

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Immediate income potential with flexibility to lease at market rents or pursue a Section 8 rental strategy.
Prime location near Arizona State Route 51, providing easy access to major employment centers, Paradise Valley Community College, and Paradise Valley Park.
Appealing unit mix: three 2‑bedroom, 1‑bath units and one 2‑bedroom, 2‑bath unit with a private patio.
Recent improvements including fresh paint, newly repaved parking area, and updated windows and patio doors.
On‑site laundry facility and convenient parking for residents.
Seller open to seller financing.

Overview

This four-unit property in Phoenix, Arizona, offers an investment opportunity with immediate upside. The property features a mix of units, including three 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit with a private patio. Each residence provides comfortable living space. On-site amenities include a laundry facility and convenient parking for residents. Recent improvements to the property include fresh paint, a newly repaved parking area, and updated windows and patio doors. The property is located minutes from Arizona State Route 51, providing connectivity to employment centers across the Valley, including Downtown Phoenix and Scottsdale. The location also offers proximity to Paradise Valley Community College and Paradise Valley Park. This property presents an opportunity for an investor to stabilize the asset quickly and capture long-term income potential in a well-established rental market. The seller is open to seller financing.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -111.9958
Latitude: 33.650213

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For sale
Quadplexes
AZ
Phoenix
85032
17859 N 40TH Street

What type of property is this?

Quadplex - Four-unit property with upside potential in North Phoenix.

Where is this quadplex located?

The property is located at 17859 N 40TH Street Phoenix, AZ.

What is the asking price?

The asking price for this property is $879,000.

What are key features of this property?

This property features: Immediate income potential with flexibility to lease at market rents or pursue a Section 8 rental strategy.; Prime location near Arizona State Route 51, providing easy access to major employment centers, Paradise Valley Community College, and Paradise Valley Park.; Appealing unit mix: **three 2‑bedroom, 1‑bath units and one 2‑bedroom, 2‑bath unit with a private patio.**

17859 N 40TH Street, Phoenix, AZ 85032

MULTI_FAMILY - Phoenix, AZ

Property Features for 17859 N 40TH Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Licensed Behavioral Health Center

Assisted Living Licensed Home

Phoenix Assisted Living Investment Property

Office/Flex Mixed-Use Property

Turnkey Phoenix Short-Term Rental

Side-by-Side Duplex Investment

2025-Built Duplex Investment

Side-by-Side 2025 Duplexes

5-Unit Multifamily with Recent Renovations

Two-Bedroom Fourplex with Private Yards

Phoenix Duplex with Rental Potential

Fourplex Residential Income Property

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