4525 N 40TH Street, Phoenix, AZ 85018, Phoenix, 85018 - 0 bed, 0 bath
Loading property details...
Phoenix, AZ 85018
Analysis of 4525 N 40TH Street, Phoenix, AZ 85018 is currently available with a list price of $11,600,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This property is a new construction built in 2023, featuring high-end modern finishes throughout. The kitchen is equipped with premium Thermador appliances, custom cabinetry, and designer lighting. Bathrooms feature contemporary hexagonal tiling and high-quality fixtures. With no deferred maintenance and all systems being brand new, it perfectly meets the criteria for an excellent rating.
Situated in the highly coveted Arcadia area, the property offers unparalleled access to high-end retail, dining, and professional offices, ensuring strong long-term value appreciation.
Constructed in 2023, these units feature premium amenities including private elevators for every residence, spacious 2,500 sq. ft. layouts, and private 2-car garages.
The property demonstrates immediate investment viability with established rental rates between $5,000 and $7,000 per month, offering a turnkey solution for portfolio investors.
The $11.6M price point for the multi-unit complex targets a specific niche of institutional or high-net-worth investors, which may result in a longer time on market compared to individual units.
While the elementary school is highly rated, the middle and high schools have average ratings (6/10 and 5/10), which could be a deterrent for families prioritizing top-tier secondary education.
8 brand new high end condos in the coveted Arcadia area known for great office, retail and restaurants. All 3 bed 3 bath 2 car garage Average about 2500 sq ft. Currently renting out for $5000/month-7000/month. Each unit has it's own private elevator.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 2% |
| Baths | 0.0 | 2.0 | 2% |
| Square foot | 2,630 | 1,044 | 96% |
| Lot Size | - | 805.5 | 2% |
| Price | $11.60M | $287.5K | 98% |
| Price per sq ft | $4.4K | $299 | 98% |
| Built year | 2023 | 1972 | 98% |
| HOA | $0 | $364 | 2% |
| Days on market | 229 | 1442 | 28% |
Sep 9, 2025
$11,600,000
Initial Listing