3139 N 40TH StreetPhoenix, AZ 85018




On nearly a half-acre in Arcadia Lite, this property has a 3 bed & 2 bath single family house and a four plex. Each unit of the four plex is a full 1 bed & 1 bath with private backyard areas. This property is the perfect opportunity for a long-term rental, short-term rental, sober living, residential assisted living, etc! Full cosmetic remodel completed in 2022, this property is an investors dream. The property is equipped with a pool which is closed off to only the main house, putt-putt golf, and bocce ball. Block walls around the perimeter of the house give full privacy. Property had a 2 year tenant paying $24K/mo and averaged $28K/mo in January, February and March of 2025. Financials for the property are available in the Documents Tab of this listing.
3 weeks ago | Listing updated with changes from the MLS® | |
2 months ago | Price changed to $2,599,000 | |
3 months ago | Listing first seen on site |

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Last checked: 2025-08-28 02:40 PM UTC
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