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    4525 N 40Th St Phoenix, AZ 85018

    For Sale
    $11,600,000

    MULTI_FAMILY - Phoenix, AZ

    Days on Market:
    88
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 4525 N 40Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-N
    APN
    171-19-144
    Appliances
    Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2023
    Number of units
    8
    Flooring type
    Tile - Ceramic
    Building materials
    Wood Frame, Stucco
    Roof type
    Foam

    Network Realty (602) 332-5812 [email protected]

    Listing agent Warren Petersen (602) 332-5812

    Listing date Sep 10, 2025

    MLS# 6917400 Listing URL

    Copyright © 2025 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

    Arcadia Area Condos For Sale

    Located in the Arcadia area, this property features eight new high-end condominium units. Each unit includes three bedrooms, three bathrooms, and a two-car garage. The average unit size is approximately 2500 square feet. The units are currently being rented for between $5,000 and $7,000 per month. Each unit is equipped with a private elevator. The property is zoned C-N.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Luxe at Arcadia Condominium Complex

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.994988
    Latitude
    33.503495

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    FAQs

    What type of property is this?
    Apartment building - Eight high-end condos in Phoenix's Arcadia area, each with private elevator.
    Where is this apartment building located?
    The property is located at 4525 N 40Th St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $11,600,000.
    What are key features of this property?
    This property features: - Brand new, high-end condos in the coveted Arcadia area.; - Each unit has a **private elevator.**; - 3 bed, 3 bath, 2 car garage configuration.
    (602) 332-5812
    Request Owner's contact information
    4525 N 40Th St Phoenix, AZ 85018
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    Phoenix, AZ 85018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4525 N 40Th St Phoenix, AZ 85018
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