#6876888, Joelle Addante, David Thayer, Listing office: Compass

3139 N 40th St Phoenix, AZ 85018
Property details
About 3139 N 40th St
On nearly a half-acre in Arcadia Lite, this property has a 3 bed & 2 bath single family house and a four plex. Each unit of the four plex is a full 1 bed & 1 bath with private backyard areas. This property is the perfect opportunity for a long-term rental, short-term rental, sober living, residential assisted living, etc! Full cosmetic remodel completed in 2022, this property is an investors dream. The property is equipped with a pool which is closed off to only the main house, putt-putt golf, and bocce ball. Block walls around the perimeter of the house give full privacy. Property had a 2 year tenant paying $24K/mo and averaged $28K/mo in January, February and March of 2025. The property has great value-add opportunity if additional units were placed on the property.
Highlights
Summary
- Flooring Type: Vinyl
- Parking: <1 Space Per Unit
- Heating: Natural Gas
- Cooling: Electric
- List Price: $2,649,000
- Year Built: 1955
- MLS Number: 6874576
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Gentry Real Estate
- Office Phone: (480) 703-5914
- Listing Agent: Bryant William Aplass
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Last updated on: 6/20/2025, 5:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,649,000
3139 N 40th St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 01, 2023 | Home Sold | $2,650,000 |
Jun 11, 2021 | Home Sold | $1,090,000 |
Apr 13, 2021 | Home Sold | $1,680,000 |
Tax history
We're sorry, we currently don't have tax history data for this listing.
History based on county public records data.
Nearby schools
5
Tavan Elementary School
Public District PK-5
0.8 mi
•4610 E Osborn Rd
2
Griffith Elementary School
Public District KG-5
1.4 mi
•4505 E Palm Ln
9
Hopi Elementary School
Public District KG-5
1.7 mi
•5110 E Lafayette Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,119. Typical income of Phoenix, AZ residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 3139 N 40th St
The listing price of 3139 N 40th St property is $2,649,000.
The property 3139 N 40th St is a house located in Phoenix, Arizona, 85018.
Active Listing: 3139 N 40th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3139 N 40th St are: Tavan Elementary School (GreatSchools Rating 5/10), Griffith Elementary School (GreatSchools Rating 2/10), Hopi Elementary School (GreatSchools Rating 9/10), Monte Vista School (GreatSchools Rating 3/10), Papago School (GreatSchools Rating 2/10), Larry C. Kennedy School (GreatSchools Rating 2/10), Ombudsman - Charter East (GreatSchools Rating 2/10), Ombudsman - Charter East II (GreatSchools Rating 2/10), Arcadia High School (GreatSchools Rating 5/10).
The last sale was on December 1, 2023 for $2,650,000 (source: MLS/tax record).
The property at 3139 N 40th St has 0 bathroom.
The year of construction for 3139 N 40th St is 1955.
This home is located at 3139 N 40th St in Phoenix, AZ and zip code 85018 in the Camelback East neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $2,649,000.
In May 2025 more than 222 listings in Phoenix, AZ were sold above the asking price. During the same period more than 419 listings were sold at asking price, while more than 865 were sold below. Between April and May 2025, Phoenix, AZ real estate market has seen increase in the number of listings by 4%. In May 2025 median list price was $456,920 and the average listing age was 64 days.