Pending

3609 N 40TH Street, Phoenix, AZ 85018, Phoenix AZ 85018

$825,000
3 bed · 1,481 sqft · Built 1954 · 0.25 acres

Tremendous opportunity in the Arcadia Osborn / Lower Arcadia area! Situated on an expansive quarter-acre lot, this well kept home for sale in 85018 offers incredible potential in a highly desirable, centrally located part of Phoenix. The interior is ready for your personal touch, while the oversized backyard provides plenty of room to expand, remodel or create your own outdoor retreat without the headache of an HOA! The irrigated lot is another highly desirable feature, helping support mature trees and lush landscaping. Enjoy excellent walkability to local favorites The Vig and The Porc

3609 N 40TH Street, Phoenix, AZ 850183609 N 40TH Street, Phoenix, AZ 850183609 N 40TH Street, Phoenix, AZ 850183609 N 40TH Street, Phoenix, AZ 850183609 N 40TH Street, Phoenix, AZ 850183609 N 40TH Street, Phoenix, AZ 85018

CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Phoenix

This property is offered at $557 per square foot, compared with a $259 median for active 3-bedroom homes in Phoenix. Its asking price falls near the 90th percentile of that active group. The comparison uses 2,619 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$557Listing $/sqft
$259Cohort median $/sqft
2,619Comparable active listings
0 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $1,057,500, and the median is $523 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
3922 E WHITTON Avenue, Phoenix, AZ 85018 Aug 27, 2026 2 bd · 1,293 sqft $660,000 0.1 mi
4001 E INDIANOLA Avenue, Phoenix, AZ 85018 May 1, 2026 4 bd · 2,169 sqft $850,000 0.1 mi
3912 E CRITTENDEN Lane, Phoenix, AZ 85018 Jun 29, 2026 4 bd · 3,597 sqft $2,165,000 0.1 mi
3650 N 39TH Street, Phoenix, AZ 85018 May 12, 2026 5 bd · 1,855 sqft $721,000 0.1 mi
3906 E CRITTENDEN Lane, Phoenix, AZ 85018 Apr 28, 2026 4 bd · 4,288 sqft $2,299,000 0.2 mi
3860 E CLARENDON Avenue, Phoenix, AZ 85018 Jul 24, 2026 3 bd · 2,294 sqft $1,237,500 0.2 mi
3850 E CRITTENDEN Lane, Phoenix, AZ 85018 Jun 5, 2026 4 bd · 2,459 sqft $1,115,000 0.2 mi
3839 E WHITTON Avenue, Phoenix, AZ 85018 Apr 23, 2026 4 bd · 1,768 sqft $1,000,000 0.2 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $825,000 · Pending

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