The Tropic Isle Apartments are located in a desirable area of east Phoenix with frontage along 40th Street and easy access to Indian School Road. The property is gated, one- and two-story, block-constructed with a private, central courtyard featuring a fenced pool, shade trees, and picnic area. Possible 49 unit assemblage with property next door at: 4021 N 40th St. This is Zoned C-2!!!!!!!!!!
Multi-familyProperty Type
1966Year Built
29 spacesParking
Listed by Terry Kass• RE/MAX Commercial Investment
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.68 Acres
Year renovated
1982
Sq. Ft.
4,514
Year built
1966
Style
Multi-Family (5+ Unit)
County
Maricopa County
APN
12717106C
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
C-2
Commercial Intermediate District
The C-2, Commercial Intermediate District, is a district of commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Senior
Manufacturing
Hotel / motel
Office
Research & development
Public service
Mar 16, 2023 • Final
Building permits
Demolition
May 9, 2019 • Final
Building permits
Electrical
HVAC
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Total: 29
Open Parking Spaces: 29
Parking Features: 1 Space/Unit
Interior
Heating & Cooling
Has Heating
Cooling: Central Air
Has Cooling
Heating: Natural Gas
Interior Features
Appliances: Free-Standing Range, Refrigerator
Flooring: Carpet, Vinyl
Unit Information
Unit Type Actual Rent: $595
Unit Type Baths Total: $1
Unit Type Beds Total: 1
Exterior
Exterior Features
Construction Materials: Painted, Block
Roof: Composition, Shake
Property Information
Ownership: Fee Simple
Lot Information
Lot Size Dimensions: IRR
Building Information
Number Of Buildings: 3
Financial
Tax Information
Tax Annual Amount: $8,000
Tax Year: 2005
Location
Location Information
Directions: South on 40th street from Indian School to Property.
Community Information
Community Features: Pool
Utility Information
Electric: APS
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,514
Stories: 2.0
Lot Size: 0.68 acres
Style: Multi-Family (5+ Unit)
Year Built: 1966
Year Renovated: 1982
County: Maricopa County
APN: 12717106C
Home facts updated by county records on Sep 25, 2026
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
Tavan Elementary School
Public PreK-5 • Assigned • 0.8mi
9/10
Ingleside Middle School
Public 6-8 • Assigned • 1.8mi
7/10
Arcadia High School
Public 9-12 • Assigned • 0.8mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Phoenix, AZ • 85018
Average low and high temperatures (°F)
67
44
76
52
82
58
84
61
92
69
103
79
104
83
105
83
97
77
86
63
75
51
72
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.5 hours in
June and 7.7 hours in December, placing it above the
U.S. average for solar exposure.