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$11,600,000
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Property Description
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.
Full Property Details
Full Property Details for 4525 N 40th St
General
- Price: $11,600,000
- Taxes: $44,000 (2022)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6917400
- Updated: 11/21/2025
- Added to Site: 129 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Flooring: Ceramic Tile
Location
- County: Maricopa
- Township: 2N
- Subdivision: LUXE ON 40TH
- Cross Streets: 40th Street and Camelback
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame, Stucco
- Roof: Foam
- Year Built: 2023
Lot Features
- Lot Dimensions: 180 x 120
- Zoning: C-N
Financial Considerations
- Tax Amount: $44,000
- Tax Year: 2022
- Terms: Conventional
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: LOT 5 LUXE ON 40TH MCR 133230
- Property ID: 171-19-144
- Range: 4E
- Section: 19
- Lot Number: 5
Listed by Network Realty
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Schools
Schools serving 4525 N 40th St
School District:Scottsdale Unified District
| Name | Grades | Distance |
|---|---|---|
Hopi Elementary School 5110 East Lafayette Boulevard, Phoenix, AZ 85018 | K-5 | 1.5 mi |
Ingleside Middle School 5402 East Osborn Road, Phoenix, AZ 85018 | 6-8 | 2 mi |
Arcadia High School 4703 East Indian School Road, Phoenix, AZ 85018 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4525 N 40th St
Date
Details
Price
Change
Source
9/10/2025
Listed
$11,600,000
—
MLS
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 4525 N 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,195
5%
$150,870
1%
2024
$5,917
2%
$149,670
-4%
2023
$5,798
4%
$156,580
28%
2022
$5,561
—
$121,860
40%
2022
$5,561
-4%
$87,070
—
2021
$5,763
1%
$86,700
3%
2020
$5,678
199%
$84,260
211%
2019
$1,898
137%
$27,100
207%
2018
$802
—
$8,828
—
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 4525 N 40th St
4525 N 40th Street, Phoenix, AZ 85018 (MLS# 6917400) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 4525 N 40th Street is currently listed for $11,600,000 and was received on September 10, 2025. Want to learn more about 4525 N 40th Street? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

