17851 N 40th Street, Phoenix, AZ 85032
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Turnkey cash-flowing opportunity in the highly desirable Paradise Valley/Phoenix corridor! This well-maintained 4-unit garden-style complex features all 2 bed / 1 bath units with solid tenant demand and upside potential. Grossing $6,500 a month.
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
Full feature list
Basic info
- Property type
- Multi-family
- Year built
- 1981
Utilities
- Heating
- Electric
- Cooling
- Central air, Ceiling fan(s)
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Electricity
- $720
- Insurance
- $4,200
Taxes
- Tax Annual Amount (2024)
- $1,817
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 6875080 Last checked: …

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