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$739,000
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Property Description
This 4-unit property in Phoenix presents a compelling opportunity for the owner-occupant or buy-and-hold investor looking to enter or expand in one of the Valley's most resilient rental markets. The offering features a desirable unit mix of three 2-bedroom residences and one spacious 3-bedroom unit, ideal for the house hacker looking to offset their mortgage while building long-term equity. The property is move-in ready with meaningful updates already in place, allowing an investor to step in with confidence while still having a clear runway to add value through strategic improvements and rental rate optimization.
Full Property Details
Full Property Details for 2440 E Waltann Ln
General
- Price: $739,000
- Taxes: $1,479 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7017582
- Updated: 4/22/2026
- Added to Site: 14 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave
- Flooring: Tile, Vinyl
Parking
- Parking Features: >1 Space Per Unit, Carport
Location
- County: Maricopa
- Township: 3N
- Subdivision: GREENLEY PLACE
- Cross Streets: Greenway and 25th St
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition, Tile
- Year Built: 1982
Unit Information
- Vacancy %: .1
Lot Features
- Lot Dimensions: Normal
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Tax Amount: $1,479
- Tax Year: 2025
- Terms: CTL, Conventional, 1031 Exchange, FHA, VA Loan
- Owner Pays: Trash Collection, Water
Disclosures and Reports
- Legal Description: LOT 2 GREENLEY PLACE MCR 023442
- Property ID: 214-40-193
- Range: 3E
- Section: 2
- Lot Number: 2
Listed by Orion Investment Real Estate
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Schools
Schools serving 2440 E Waltann Ln
School District:Paradise Valley Unified District
| Name | Grades | Distance |
|---|---|---|
Palomino Primary School 15833 North 29th Street, Phoenix, AZ 85032 | PK-3 | 0.6 mi |
Palomino Intermediate School 15815 North 29th Street, Phoenix, AZ 85032 | 4-6 | 0.7 mi |
Greenway Middle School 3002 East Nisbet Road, Phoenix, AZ 85032 | 7-8 | 0.7 mi |
North Canyon High School 1700 East Union Hills Drive, Phoenix, AZ 85024 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2440 E Waltann Ln
Date
Details
Price
Change
Source
4/22/2026
Listed
$739,000
138.39%
MLS
7/26/2018
Sold
$310,000
—
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 2440 E Waltann Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,479
—
$14,470
-67%
2025
$1,479
5%
$44,430
-15%
2023
$1,410
1%
$52,370
23%
2022
$1,396
—
$42,670
49%
2022
$1,396
—
$28,670
6%
2021
$1,400
3%
$27,060
14%
2020
$1,357
—
$23,720
22%
2019
$1,359
3%
$19,370
4%
2018
$1,314
4%
$18,580
12%
2017
$1,260
2%
$16,560
15%
2016
$1,239
8%
$14,350
18%
2015
$1,147
-5%
$12,110
1%
2014
$1,205
29%
$12,030
65%
2013
$937
—
$7,270
—
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 2440 E Waltann Ln
2440 E Waltann Lane, Phoenix, AZ 85032 (MLS# 7017582) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2440 E Waltann Lane is currently listed for $739,000 and was received on April 22, 2026. Want to learn more about 2440 E Waltann Lane? Do you have questions about finding other Multi-Family real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

