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$1,355,000
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Property Description
The subject property consists of a 3,430 square foot office condominium located along 40th Street just north of Greenway Road. Situated within the North Paradise Valley office submarket, the property presents an excellent opportunity for medical or general office users. The space was recently renovated and features modern, up to date finishes, with a flexible floor plan expandable to approximately 8 to 10 private offices. The office includes two restrooms and two dedicated storage spaces. It is currently owner occupied and is anticipated to be delivered vacant at close of escrow.
Full Property Details
Full Property Details for 15601 N 40th St #130
General
- Price: $1,355,000
- Taxes: $8,949 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6972794
- Updated: 4/28/2026
- Added to Site: 116 day(s) ago
Business
- Business Type: Professional/Office
Interior
- Flooring: Tile
Parking
- Parking Features: Private, See Remarks
Location
- County: Maricopa
- Township: 3N
- Subdivision: GREENWAY OFFICE CENTER CONDOMINIUM
- Cross Streets: E Greenway Rd & 40th St
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: See Remarks
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Structure Type: Commercial, Office
- Exterior Const.: Wood Frame, Tilt-Up, Block
- Roof: Built-Up, Rolled/Hot Mop
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,430
- Zoning: R1-14
Financial Considerations
- Tax Amount: $8,949
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 130 GREENWAY OFFICE CENTER CONDOMINIUM MCR
- Property ID: 215-26-040
- Range: 4E
- Section: 6
- Lot Number: 130
Listed by R.O.I. Properties
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Price & Sales History for 15601 N 40th St #130
Date
Details
Price
Change
Source
4/28/2026
Price Reduced
$1,355,000
-3.21%
MLS
1/22/2026
Listed
$1,400,000
55.56%
MLS
10/07/2023
Sold
$900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15601 N 40th St #130
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,949
—
$137,129
-6%
2024
$8,989
-1%
$146,528
6%
2023
$9,067
-2%
$138,534
19%
2022
$9,241
—
$116,586
17%
2022
$9,241
-3%
$99,396
2%
2021
$9,533
3%
$97,668
4%
2020
$9,238
—
$93,798
3%
2019
$9,250
3%
$91,044
16%
2018
$8,946
4%
$78,714
6%
2017
$8,576
2%
$74,214
6%
2016
$8,433
5%
$69,948
10%
2015
$8,026
5%
$63,548
5%
2014
$7,637
-8%
$60,800
-5%
2013
$8,271
—
$64,253
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15601 N 40th St #130
15601 N 40th Street #130, Phoenix, AZ 85032 (MLS# 6972794) is a Commercial property. 15601 N 40th Street #130 is currently listed for $1,355,000 and was received on January 22, 2026. Want to learn more about 15601 N 40th Street #130? Do you have questions about finding other Commercial real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

