Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 6917400 – 4525 N 40th Street, Phoenix, AZ 85018

$11,600,000 - 24Br/Ba - for Sale in Luxe On 40th, Phoenix
Price: $11,600,000
Units: 8
Status: Active
Year Built: 2023
Neighborhood: Luxe On 40th
Days on Website: 360

Courtesy of Network Realty

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.

Open House

Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Built-In Range
  • Disposal
  • Dishwasher
  • Refrigerator
  • Microwave
  • Washer/Dryer
  • Bathrooms
  • 24 total bathrooms
  • Bedrooms
  • 24 total bedrooms
  • Building
  • Built in 2023
  • 2 buildings
  • Construction Materials: Wood Frame, Stucco
  • Community
  • No Pool
  • Cooling
  • Central Air
  • Disclosures
  • Seller Prop Disc Stm
  • Expenses
  • Fuel: $2,400
  • Gardener: $6,700
  • Insurance: $3,600
  • Operating: $96,500
  • Water/Sewer: $5,000
  • Floors
  • Ceramic Tile
  • Heating
  • Natural Gas
  • Income
  • Gross Income: $528,000
  • Gross ScheduledIncome: $528,000
  • Net Operating Income: $579,600
  • Listing
  • Listing ID: 6917400
  • Standard Status: Active
  • MLS Status: Active
  • 360 days on market
  • Location
  • Subdivision: LUXE ON 40TH
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 180 x 120
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Landscaping
  • Parking
  • 16 covered spaces
  • 5 open parking spaces
  • 21 total parking spaces
  • Roof
  • Foam
  • Schools
  • Elementary School District: Scottsdale Unified District
  • High School District: Scottsdale Unified District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 171-19-144
  • Public Survey Range: 4E
  • Public Survey Section: 19
  • Annual Amount: $44,000
  • Tax Book Number: 171.00
  • Legal Description: LOT 5 LUXE ON 40TH MCR 133230
  • Lot: 5
  • Year: 2022
  • Zoning: C-N
  • Utilities
  • Water Source: City Franchise
  • SRP

Property Map

$11,600,000 – 4525 N 40th Street, Phoenix, AZ 85018

Street View

Nearby Schools

Similar Properties Nearby

This content last updated on September 5, 2026 2:31AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Print Options

Select the items on the page that you would like to print. This "Print Options" block will not be printed.

Main Photo Main Details Property Description Property Features
Additional Photos Addtl Photos Size Location Map Schools