3139 N 40TH Street, Phoenix, AZ 85018
$958,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$958,000
Last Modified:
11/13/2025
Overview
Description
Listing Details MLS# 6185694
Location, Tax & Legal
- Map Code/Grid
- P36
- House Number
- 3139
- Compass
- N
- Street Name
- 40TH
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85018
- Country
- US
- County Code
- Maricopa
- Subdivision
- PALO ALTO PARK
- Assessor Number
- 127-15-048
- Tax Year
- 2020
- Assessor's Map #
- 15
- Legal Description (Abbrev)
- LOT 10 PALO ALTO PARK MCR 004431
- Assessor's Parcel #
- 48
- Add'l Parcels
- Yes
- Tax Municipality
- Phoenix
- Census Tract
- 111000
- Taxes
- 3511
- Legal
- LOT 10 PALO ALTO PARK MCR 004431
- Marketing Name
- Arcadia Groves on 40th
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 0 x 0
- Year Built
- 1955
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 5
- # of Buildings
- 2
- Zoning
- R-3
- Elementary School District
- Phoenix Elementary District
- High School District
- Phoenix Union High School District
Status Change Info
- Off Market Date
- 2021-04-09
- Under Contract Date
- 2021-03-12
- Close of Escrow Date
- 2021-04-12
Legal Info
- Township
- 2N
- Range
- 4E
- Section
- 30
- Lot Number
- 10
More Information
Income Expenses
- Gross Annual Sch Inc
- 93600
- Net Operating Income
- 69153
1 Bedroom Units
- # 1 Bedroom Units
- 4
- Avg Rent
- 1200
- Avg SqFt
- 621
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- Yes
- Avg Rent
- 3000
- Avg SqFt
- 1682
- # Baths
- 2
Sold Info
- Loan Type
- Cash
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Other Type
- House + Rental Units
- Yes
- Packaged Offering
- Yes
Construction
- Block
- Yes
- Adobe
- Yes
Const - Finish
- Painted
- Yes
- Brick Veneer
- Yes
Roofing
- Composition
- Yes
- Tile
- Yes
- Foam
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 2000
- Annual Landscape Exp
- 1200
- Annual Maint Exp
- 3000
- Annual Mgmt Exp
- 7488
- Annual Wtr/Swr Exp
- 2568
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 19767
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 88920
Pmt & Rate Info
- Cap Rate
- 6.59
- Equity
- 1050000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Payment Includes
- Principal
- Yes
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- Pool
- Yes
- Other
- Yes
- See Remarks
- Yes
Heating
- Wall Furnace
- Yes
- Window/Wall Unit(s)
- Yes
Cooling
- Window/Wall Unit
- Yes
Exterior Amenities
- Landscape Water System
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Built-In Range
- Yes
- W/D Hookup
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- <1 Space Per Unit
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- No Carry
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Other Type:
House + Rental Units; Packaged Offering
Construction:
Block; Adobe
Const - Finish:
Painted; Brick Veneer
Roofing:
Composition; Tile; Foam
Floors:
Ceramic Tile
Sale Includes:
Land & Building
Payment Includes:
Principal
Community Features:
Pool; Other; See Remarks
Exterior Amenities:
Landscape Water System
Appliances Included:
Built-In Range; Refrigerator; W/D Hookup
Heating:
Window/Wall Unit(s); Wall Furnace
Cooling:
Window/Wall Unit
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
<1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Gas; Cable TV
Source of Fincl Data:
Projected Proforma
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
New Financing:
Conventional; No Carry
Environmental:
None
Listing Office:
Better Homes & Gardens Real Estate SJ Fowler
Last Updated: November - 13 - 2025
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