17859 N 40th Street, Phoenix, AZ 85032

Phoenix
Local realty services provided by:ERA Brokers Consolidated
17859 N 40th Street,Phoenix, AZ 85032
$879,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: cariste blase harlan
Office: compass
MLS#:6998148
Source:ARMLS

Price summary

  • Price:$879,000

About this home

This 4plex presents a rare opportunity for investors to acquire a property with immediate upside. Whether you're looking to lease at current market rents or pursue a strong Section 8 rental strategy, this property offers the flexibility to place tenants and optimize income from day one. The property features four spacious units, including three 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit with a private patio, an appealing unit mix that attracts a wide range of tenants. Each residence offers comfortable living space, while the property includes an on-site laundry facility and convenient parking for residents. Recent improvements provide a strong foundation for ownership, including fresh paint, a newly repaved parking area, and updated windows and patio doors. These upgrades help reduce near-term capital expenses while presenting a clean, refreshed environment ready for new tenants. Location is a key driver of this investment. The property sits just minutes from the...

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Home facts

  • Year built:1981
  • Listing ID #:6998148
  • Updated:May 15, 2026 at 03:30 PM

Rooms and interior

  • Flooring:Laminate, Tile

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric
  • Heating:Electric

Structure and exterior

  • Year built:1981
  • Construction Materials:Painted, Stucco

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$879,000
  • Tax amount:$1,863 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Carport, More Than 1 Parking Space/Unit, Paved
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