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Sold on 04/12/2016

18211 N 40th Pl, Phoenix, AZ 85032

  • $335,000

    Last sold 04/12/2016 after 39 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 18211 N 40th Pl

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Property description
**Investor special** The seller's loss is your gain. Property includes 4 identical units, on site laundry, separate storage and 2 parking spaces for each unit. Three of four units are rented and the seller is getting unit 4 turned for occupancy.
Listed by
Listing Agent - Marcia Loveys
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#5408421 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5408421
Type Multiple Dwellings
Status Closed
Property Tax 1436
Year Built 1981
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator
Exterior
Roof Composition
Construction Stucco, Block
Parking Paved, <1 Space Per Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer, Private Sewer
Location
Subdivision Gentle Acres
Community Features No Pool
Elementary School Foothills Elementary School - Phoenix
Elementary School District Paradise Valley Unified District
Middle School Sunrise Middle School
High School District Paradise Valley Unified District
High School Paradise Valley High School
APN 215-15-101
Zoning R-3
Directions Hwy 51 To Union Hills Exit And Go East To 40th St. Go South On 40th St To Robert E Lee And Turn Left. Go One Block To 40th Place And Go North. The Property Is On The Right.
Multifamily Details
Total # of Units 4
Expense: Operating 15981.42
Financial Data Source Owner, Tax Return
Expense: Maintenance 5666
Vacancy Allowance 0.05
Expense: Insurance 1408.42
Net Operating Income 16489.08
Gross Income 32024.5
Expense: Electric 490.65
Expense: Other 29.36
Expense: Professional Management 2857.86
Expense: Water/Sewer 2678.15
Gross Scheduled Income 33264
Expense: Gardener 1235
We are not permitted to show value estimates for this property.
  • Apr 2016
    Public Records
  • Apr 19, 2016 Sold
    $335,000
  • Apr 2016
    mls logo MLS # 5408421
  • Apr 11, 2016 Sold
    $335,000 (-23.9%)
  • Jun 2005
    Public Records
  • Jun 6, 2005 Sold
    $439,999
  • 18211 N 40th Pl
    $335K
  • Paradise Valley Village
    $625K -3% y/y
  • 85032
    $459K +5% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Whispering Wind Academy
public Grades K-6
Paradise Valley Unified District
4/10
Paradise Valley High School
public Grades 7-12
Paradise Valley Unified District
5/10
Sunrise Middle School
public Grades 7-8
Paradise Valley Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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