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17859 N 40TH Street Phoenix, AZ 85032

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For Sale
$879,000

MULTI_FAMILY - Phoenix, AZ

Added:
Mar 13, 2026
Days on Market:
19
Last Refresh:
Mar 31 at 6:06 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

TaxYear
2025
TaxDescription
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
TaxAnnualAmount
1863

Utilities

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

Building Details

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

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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

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.


Overview

Phoenix Multifamily Investment Opportunity

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. Tenants benefit from proximity to Paradise Valley Community College and Paradise Valley Park. The property offers the flexibility to lease at current market rents or pursue a Section 8 rental strategy. With rental demand throughout North Phoenix and a location that offers accessibility and neighborhood amenities, this property presents an opportunity to stabilize the asset quickly and capture long-term income potential in a well-established rental market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-111.9958
Latitude
33.650213

FAQs

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 and amenities.; Appealing unit mix: three 2‑bedroom, 1‑bath units and one **2‑bedroom, 2‑bath unit with a private patio.**
More about this property
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