85040 Real Estate

Welcome to the vibrant community of Phoenix, Arizona, where the sun shines brightly over the 85040 zip code, nestled in the heart of Maricopa County. This area is a hidden gem, offering residents a perfect blend of urban convenience and natural beauty. With its diverse neighborhoods, 85040 is ideal for families, young professionals, and retirees alike.

One of the most appealing aspects of living in the 85040 zip code is the abundance of outdoor recreational opportunities. Just a stone's throw away, you’ll find South Mountain Park, one of the largest municipal parks in the country. Here, residents can explore miles of hiking and biking trails while soaking in breathtaking views of the Phoenix skyline and the surrounding desert landscape.

The local community is rich in culture and amenities. Residents enjoy easy access to a variety of shopping centers, restaurants, and entertainment options. The nearby Desert Sky Mall offers a wide range of retail stores, dining options, and family-friendly activities. For those who appreciate the arts, the vibrant downtown Phoenix area is just a short drive away, featuring galleries, theaters, and live music venues.

Families in the 85040 area will also benefit from a selection of well-regarded schools and educational facilities, making it an excellent choice for raising children. With its friendly atmosphere and strong sense of community, this zip code is not just a place to live; it’s a place to thrive.

Whether you’re looking for your first home, a place to retire, or a vibrant community to call your own, 85040 offers a unique lifestyle that combines the best of Phoenix living. Come and discover all that this remarkable area has to offer!

Newest Listings in 85040

$299,000

3 Beds ⋅ 2 Baths ⋅ 7085352 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85040 Zip Code ⋅ 952 SqFt.

Perfectly situated on a large North/South lot. This 3bed, 2bath home is move in ready with fresh carpet! Entertain with ease in the great room meeting the dining. The chic kitchen features stainless steel appliances, an open pantry and gas cooking. Biking and hiking trails nearby. World class shopping, restaurants, museums and nightlife right outside your doorstep! Plus quick access to freeways for easy commuting.

2418 E Mobile Lane, Phoenix

$189,900

3 Beds ⋅ 2 Baths ⋅ 7083301 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85040 Zip Code ⋅ 1,041 SqFt.

Step inside this updated move-in-ready condo situated in South Mountain. Offering an exceptional blend of modern comfort and urban convenience, this 3-bedroom, 2-bathroom property is an ideal match for first-time homebuyers, downsizers, or savvy investors looking for a turn-key opportunity. Featuring a freshly painted interior alongside durable, low-maintenance oversized tile flooring and newer appliances. A standout feature of this property is the private enclosed patio, providing coveted outdoor space perfect for morning coffee. Enjoy the convenience of easy access to major freeways, public transportation, diverse dining options, shopping centers, and anything else you may need for daily living. HOA covers roof, all exterior, water and sewer. Special financing available!

4014 S 44th Way, Phoenix

$180,000

2 Beds ⋅ 1 Baths ⋅ 7083186 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85040 Zip Code ⋅ 648 SqFt.

Unlock the possibilities with this 2-bedroom, 1-bath home offering approximately 648 square feet of living space on a R-3 multifamily-zoned lot. The property is in need of repairs and updating, making it an excellent opportunity for investors, developers, or buyers looking to renovate and add value. R-3 zoning offers exciting possibilities for future expansion. Conveniently located near Downtown Phoenix and Phoenix Sky Harbor International Airport, with easy access to major roadways, transportation, shopping, and schools, this may be the investment opportunity you have been waiting for. PLEASE NOTE: The property does not currently have an electric meter. Buyer to verify all utilities, zoning, development possibilities, and any requirements for installation and activation of electrical service. Bring your vision and explore the possibilities this centrally located property has to offer. ***DO NOT DISTURB TENANT. PLEASE SEE VIRTUAL TOUR BEFORE SENDING AN OFFER***

4604 S 5th Street, Phoenix

$421,874

3 Beds ⋅ 3 Baths ⋅ 7083022 MLS ⋅ ACTIVE Status ⋅ 0.04 Acres ⋅ 85040 Zip Code ⋅ 1,582 SqFt.

Enjoy stylish, low-maintenance living at Urban at South Mountain, a gated townhome community close to ASU, Sky Harbor Airport, shopping, dining, and major commuter routes. The Orinda plan pairs modern finishes with a versatile layout created for both relaxing and entertaining. The spacious great room connects to a sophisticated kitchen with Stone Grey cabinetry, Arctic White quartz countertops, GE Profile stainless-steel appliances, and a generous island with pendant lighting. Upstairs, a flexible loft adapts easily to a home office or media lounge, while two secondary bedrooms offer comfortable space for guests. The private primary suite features dual vanities, a walk-in shower, and a spacious walk-in closet. ^^Up to 6% of Base Price can be applied towards closing cost and/or short-long-term interest rate buydowns when choosing our preferred Lender. Additional eligibility and limited time restrictions apply. Ask for more information!

5659 S 35th Way, Phoenix

$481,320

3 Beds ⋅ 3 Baths ⋅ 7082986 MLS ⋅ ACTIVE Status ⋅ 0.06 Acres ⋅ 85040 Zip Code ⋅ 1,880 SqFt.

Step into refined townhome living at Urban at South Mountain, a gated community offering easy access to I-10, Sky Harbor Airport, shopping, dining, and entertainment. The stylish Marietta plan delivers a thoughtfully designed layout with comfortable spaces for relaxing and entertaining. The kitchen pairs Quill-stained cabinetry with Marble-look quartz countertops, stainless-steel appliances including the refrigerator, and a generous island illuminated by pendant lighting. Upstairs, a flexible loft provides space for a home office, media area, or retreat, along with two secondary bedrooms. The private primary suite features dual vanities, a spacious walk-in shower, and an oversized walk-in closet for a polished blend of comfort and convenience. ^^Up to 6% of Base Price can be applied towards closing cost and/or short-long-term interest rate buydowns when choosing our preferred Lender. Additional eligibility and limited time restrictions apply. Ask for more information!

5844 S 35th Way, Phoenix

$500,000

5 Beds ⋅ 3 Baths ⋅ 7082443 MLS ⋅ ACTIVE Status ⋅ 0.13 Acres ⋅ 85040 Zip Code ⋅ 1,968 SqFt.

Welcome to your own private resort! Built in 2018 inside the gated Southern Enclave, this 5-bed, 3-bath stunner trades ''house'' for ''vacation home you never have to leave.'' The backyard is the real MVP: a sparkling pool, breezy pergola, travertine pavers, and turf so low-maintenance you might forget lawns exist. Inside, an open layout with tile floors, granite counters, a breakfast bar, and a walk-in pantry keeps brunch (and bragging rights) easy. Oversized sliders blur indoor-outdoor life, while the split primary suite is your personal spa, dual sinks, glass walk-in shower and all. Five parks nearby, Downtown Phoenix minutes away. Pack the sunscreen -- you live here now.

2820 E Sunland Avenue, Phoenix

$2,400,000

7082147 MLS ⋅ ACTIVE Status ⋅ 0.42 Acres ⋅ 85040 Zip Code ⋅ 3,678 SqFt.

Prime Commerical Opportunity: Historic Restaurant Property in the heart of 85040 with decades of local Goodwill. An exceptional opportunity awaits an ambitious restauranteur or investor at this establishment culinary landmark. Versatile floor plan, flexible space easly adapts to various commerical uses. Average of 18,000-20,000 vehicles driving through per day.

5222 S Central Avenue, Phoenix

$295,000

7081359 MLS ⋅ ACTIVE Status ⋅ 0.28 Acres ⋅ 85040 Zip Code

Builders, investors, or owner-users. Ready-to-take-over duplex project? ''Rare chance to acquire a 12,150 SF multifamily lot with an approved duplex project already underway.'' YES, APPROVED PLANS AND PERMITS INCLUDED, which may save 10+ months in plans approval. The Site is substantially prepared with duplex pad completed and foundation excavation and forms in place. Ideal for builders, investor or owner users who wants to own an income producing property living in one unit and renting the other. A unique opportunity to move forward with a project already past key time consuming stages.

5228 S 3rd Street Unit 31, Phoenix

$550,000

3 Beds ⋅ 2 Baths ⋅ 7081303 MLS ⋅ ACTIVE Status ⋅ 0.96 Acres ⋅ 85040 Zip Code ⋅ 1,579 SqFt.

A rare charming historic farmhouse 3-bed, 2-bath single-family home on nearly 1 acre of irrigated land. Built in 1947, this property offers ~1,579 sq ft of living space with granite countertops, upgraded flooring, and central heating/cooling. Includes a large workshop with two bays and half bath. Mature trees and grass provide a spacious outdoor setting. Conveniently located near Baseline Rd with easy access to I-10 and South Phoenix amenities. An opportunity to own a home with this much land, history, and character in this location are truly rare!

5613 S 27th Place, Phoenix

$549,900

6 Beds ⋅ 4 Baths ⋅ 7081089 MLS ⋅ ACTIVE Status ⋅ 85040 Zip Code

Duplex that has 2 units both are 3 bedroom and 2 bath units and both of the units is rented for $1,850 each on a 1 year lease, so $3,700 a month in total income. This is a great deal for an investor looking to cash flow a multi family property that was built in 2007 and has been recently remodeled and ready to go. This is also perfect for someone looking to rent out the one unit and live in the other to cover part of their payment.

1344 E Pueblo Avenue, Phoenix

$185,000

3 Beds ⋅ 2 Baths ⋅ 7081051 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85040 Zip Code ⋅ 1,090 SqFt.

Perfect starter home completely remodeled in 2020 and since then we have installed brand New A/C, New vinyl flooring, New WINDOWS, and appliances. This home is turn key.

4419 E Wood Street, Phoenix

$399,990

3 Beds ⋅ 3 Baths ⋅ 7080892 MLS ⋅ ACTIVE Status ⋅ 0.04 Acres ⋅ 85040 Zip Code ⋅ 1,582 SqFt.

~Special CASH Pricing Available $399,990~Discover townhome living in the gated Urban at South Mountain community, conveniently located near ASU, Sky Harbor Airport, shopping, dining, and major commuter routes. The Orinda plan blends contemporary style with versatile spaces designed for everyday comfort. The spacious great room flows into a stylish kitchen featuring Frost White cabinetry, marble-inspired quartz countertops, GE Profile stainless-steel appliances, and an oversized island with pendant lighting. Upstairs, a flexible loft offers space for a media lounge or home office, while two secondary bedrooms provide comfortable accommodations. The private primary suite features dual vanities, a walk-in shower, and a generous walk-in closet. Enjoy a low-maintenance living lifestyle.

5517 S 35th Way, Phoenix

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.