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17851 N 40TH Street Phoenix, AZ 85032
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6875080
Year Built 1981
Annual Tax Amount $1,817
Tax Year 2024
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Situated in the thriving 85032 ZIP code, close to major freeways, shopping, and the Paradise Valley Mall redevelopment. Whether you're a seasoned investor or new to multifamily, this 8.25% cap rate property delivers immediate returns in one of Phoenix's most active rental markets.
Looking for steady income and long-term appreciation? This is the one.
Location
State AZ
County Maricopa
Zoning M-M
Interior
Heating Electric
Cooling Central Air, Ceiling Fan(s)
Flooring Ceramic Tile, Vinyl
Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave
Exterior
Parking Features Paved, Carport
Community Features Other
Roof Type Composition
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Paradise Valley Unified District
Others
Senior Community No
Tax ID 215-16-063-V
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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