AZ
Maricopa
Phoenix
85018
3139 N 40TH Street
3139 N 40TH Street, Phoenix, AZ 85018
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Listing Type
Multi Family
Listing Status
Active
16
$2,600,000

Home Details for 3139 N 40TH Street

Price
$2,600,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1955
County
Maricopa
Garage
Days on site
16
Listing #
6979920
Listing Courtesy: eXp Realty - 888-897-7821
Property Description

Rare investment opportunity in Arcadia Lite! Flexible 5-unit residential compound ideal for residential assisted living, adult care, sober living, transitional housing, or premium rental income with high ROI! Nearly ½-acre property w/ 3BR/2BA single-family+ 4-plex w/ 1BR/1BA units, each w/ private yard! Excellent setup for assisted living or adult care model w/ multiple living spaces & inviting amenities for high quality of life. True turnkey asset w/ full cosmetic remodel in 2022. Low operating expenses & no major capital outlay required to create immediate revenue opportunity. Desirable outdoor living w/ pool, hot tubs, bocce ball and lots of green space. Block wall perimeter with controlled access for privacy & security. Expanded income options w/ minimal modifications too! remodel completed in 2022 makes this a true turnkey asset, reducing near-term capital expenses and positioning the property for immediate operation. The grounds are designed for lifestyle and engagementan important value driver for both premium rentals and care-related housingfeaturing putt-putt golf and bocce ball. A private pool is secured and closed off exclusively to the main home, adding an additional amenity layer and operational flexibility. Block walls around the perimeter provide exceptional privacy and a secure, enclosed environmentideal for resident comfort, quiet enjoyment, and controlled access.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Electric
  • Water Features
    • Public
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Last Updated: 2026-02-05 18:40:51
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EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
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