2054 N 40TH Street, Phoenix, AZ 85008

$400,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,861 Lot Size (sq. ft.): 8,285 Status: Pending

Current Price: $400,000 Last Modified: 11/10/2026

Overview

Description

Fantastic fix-up opportunity in a highly desirable central Phoenix location! This single-story 3-bedroom, 2-bath home offers 1,861 square feet on a spacious corner lot and is ready for a buyer with vision. The property is dated and in need of significant updating, making it an excellent candidate for a full renovation, remodel, or investor project. Major plumbing updates have already been completed, including copper supply lines and ABS sewer drains, providing a solid starting point for the next owner. With its generous lot, there may also be room to add a pool and create an inviting outdoor living space. Bring your contractor, your ideas, and your creativity and transform this property into something special. Property is being sold as-is.

Listing Details MLS# 7102229

Location, Tax & Legal

House Number: 2054
Compass: N
Street Name: 40TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 3102
Country: US
County Code: Maricopa
Assessor Number: 120-10-001
Subdivision: PAPAGO VISTA AMD
Tax Year: 2025

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1861
Price/SqFt: 214.94
Horses: N
Builder Name: Unknown
Year Built: 1952
Lead Based Hazard Disclosure: No
Approx Lot SqFt: 8285
Approx Lot Acres: 0.19
Flood Zone: TBD
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: Yes
Marketing Name: Prime Fix-Up Opportunity
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Papago School
Jr. High School: Papago School
High School: Camelback High School

Remarks Misc

Cross Street: Thomas Rd and 40th St

Status Change Info

Off Market Date: 2026-11-09
Under Contract Date: 2026-11-09

Legal Info

Township: 2N
Range: 3E
Section: 36
Lot Number: Yes

More Information

Basement

Basement Y/N: N

Parking Spaces

Slab Parking Spaces: 3

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Home Phn: 480-405-1265

DPR Eligible

DPR Eligible: Yes

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm; Tub with Jets Master Bedroom: Split Fireplace Features: Wood Burning; Fireplace Family Rm Flooring: Carpet; Tile Window Features: Single Pane Spa: None Dining Area: Dining in LR/GR Kitchen Features: Gas Oven; Gas Range; Refrigerator; Pantry; Laminate Counters Laundry: Washer Hookup; 220 V Dryer Hookup Foundation Details: Slab Other Rooms: Family Room Interior Features: Fix-Up Needs Repair; No Interior Steps Exterior Features: Covered Patio(s); Patio Parking Features: Circular Driveway Road Access Type: City Street Road Surface Type: Asphalt Construction: Wood Frame Const - Finish: Vertical Siding; Wood Siding; Brick Veneer Roofing: Composition Cooling: Central Air; Window/Wall Unit Heating: Natural Gas Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block; Wood Property Description: Corner Lot; East/West Exposure Landscaping: Dirt Front; Dirt Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail

Documents

Unbranded Floorplan ›

Listing Office: HomeSmart

Office Phone: 480-889-3700

Office Email: rlarue@hsmove.com

Last Updated: November - 10 - 2026