2440 E WALTANN Lane, Phoenix, AZ 85032
Property image
Property image
FOR SALE

$690,000

  • 9 Beds
  • 5 Baths
  • 3,270 sqft

2440 E WALTANN Lane, Phoenix, AZ 85032

Paradise Valley
Est. Mortgage $3,844/mo*
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Home Highlights

Parking
3 Open Spaces
Price/Sqft
$211
Climate Control
Central & Central Air
Listed
96 days ago

Local Information

  • Map ViewExplore the area around 2440 E WALTANN Lane.
  • Schools2 Preschool Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This 4-unit property in Phoenix presents a compelling opportunity for the owner-occupant or buy-and-hold investor looking to enter or expand in one of the Valley's most resilient rental markets. The offering features a desirable unit mix of three 2-bedroom residences and one spacious 3-bedroom unit, ideal for the house hacker looking to offset their mortgage while building long-term equity. The property is move-in ready with meaningful updates already in place, allowing an investor to step in with confidence while still having a clear runway to add value through strategic improvements and rental rate optimization.
Last check for updates: about 5 hours ago
Listing courtesy of Jackson Everhart, (970) 219-3038
Orion Investment Real Estate
Source: ARMLS, MLS#7064823
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 2440 E WALTANN Lane

Interior Features

Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 5
Dimensions and Layout
Living Area: 3270 Square Feet
Appliances & Utilities
Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, MicrowaveDishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Gas & Electric
Electric: APSHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Tile, Vinyl
Levels, Entrance, & Accessibility
Floors: Tile, Vinyl

Exterior Features

Exterior Home Features
Roof: Composition Tile
Parking & Garage
Number of Covered Spaces: 4Open Parking Spaces: 3Has a CarportNo GarageHas Open ParkingParking Spaces: 7Parking: >1 Space Per Unit,Carport
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 79Days on Market: 96

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Wood Frame, Painted, Stucco
Property Information
Parcel Number: 21440193

Price & Status

Price
List Price: $690,000Price Per Sqft: $211

Active Status

MLS Status: Active

Location

Direction & Address
City: PhoenixCommunity: GREENLEY PLACE
School Information
Elementary School District: Paradise Valley Unified DistrictHigh School District: Paradise Valley Unified District

Agent Information

Listing Agent
Listing ID: 7064823

Building

Building Area
Building Area: 3270 Square Feet

Community

Community Features: No Pool

Offer

Listing Terms: Conventional, 1031 Exchange, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Trash Collection, Water

Miscellaneous

Mls Number: 7064823

Additional Information

No Pool

Around this home

Neighborhood Overview

Paradise Valley
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Paradise Valley

At least 1037 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 89 % Say there are sidewalks

  • 86 % Say parking is easy

  • 85 % Say car is needed

  • 77 % Say yards are well-kept

  • 73 % Say there's holiday spirit

  • 71 % Say people would walk alone at night

  • 70 % Say streets are well-lit

  • 70 % Say it's quiet

  • 60 % Say kids play outside

  • 58 % Say it's walkable to grocery stores

  • 57 % Say they plan to stay for at least 5 years

  • 55 % Say it's walkable to restaurants

  • 51 % Say neighbors are friendly

  • 42 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Iamme4eternity
    "Traffic is minimal. I have really enjoyed Arizona. Coming from California it was a surprisingly pleasant change. "
    0
    Flag
  • Pepsigala49
    "Hi this is a beautiful house in a nice neighborhood where you can walk your dog at night am I’m very interested, I currently live out of state planning on moving back to my home state and the Cardinal "
    5
    Flag
  • Chelsea Skinner
    "HOA is absurd can’t have any gazebos covered patio furniture nor festive lights or decorations as well as extended awning that was here when we moved in"
    1
    Flag
  • 584qq9cqpr
    "28 min to downtown easy access to 101 & 51 freeways, close to desert ridge shopping center Mayo Clinic"
    1
    Flag
  • Trulia User
    "It’s a fun, nice place to be everyone’s real friendly can’t really go wrong with this area. There’s lots of amenities that’s a Shopping "
    5
    Flag
  • Trulia User
    "Winter home. Safe, well maintained and friendly people. Really nice area Great restaurants and shopping close by. "
    15
    Flag
  • Trulia User
    "Neighborly feeling can be found in the uniqueness of each house on the street. Dynamic landscaping mixed with an “at home” feel makes for an oasis."
    8
    Flag
  • Trulia User
    "It definitely depends on how close you are to the low income end of the neighborhood to be able to feel safe for your kids to play. "
    1
    Flag
  • Trulia User
    "People are friendly. You often see them walking their dogs 🐕. A quiet neighborhood with shopping center around, lots of stores, fast-food and more. "
    6
    Flag
  • Trulia User
    "Nestled between Phoenix and Scottsdale, both cities sort of surround Paradise Valley. Still has individual homes with different size properties versus the pop up communities that all look exactly the same as every other neighbor in said community. "
    4
    Flag
  • Trulia User
    "It’s a great neighborhood with nice neighbors. It’s quieting terms of traffic and noise but has room for the kids to play and ride their bikes. Great schools and close to everything. Close to grocery stores the shopping mall , restaurants and all the places that families like to go. "
    0
    Flag
  • Trulia User
    "barbeque afternoons, movie nights, pool events, attractions events barbeque afternoons, movie nights, pool events, attractions events "
    1
    Flag
  • Trulia User
    "Good parks and safety. Nearby grocery stores , friendly people around , Not much noisy community, community are safe to live and mostly gated . Children often come to park and playing area to play there. "
    0
    Flag
  • Trulia User
    "Welcoming and friendly .. they allow our children to pet their dogs and play with them.. good neighborhood "
    3
    Flag
  • Trulia User
    "my best friend of 10 years has always lived there so I'm very familiar with the area her kids school is also amazing!!"
    5
    Flag
  • Trulia User
    "great parks great schools close to church love the location close to shopping and restaurants love the neighborhood "
    0
    Flag
  • Trulia User
    "Great Community flare. Very cozy feel throughout the year. Always bright & cheery. Sun shining and people out and about!!!"
    0
    Flag
  • Trulia User
    "It’s safe and beautiful to live here. For families or any community. Thank ye weather and the pools great all year. "
    0
    Flag
  • Trulia User
    "It’s beautiful and safe living in North Scottsdale. You can find anything here and yet it’s everything very quite. A lot of hiking trails around. "
    1
    Flag
  • Trulia User
    "Good schools, safe community, many parks, friendly neighbors. Traffic is not bad, but much faster than the posted speed limits. "
    0
    Flag
  • Trulia User
    "There is a Dog park at PV park at 40th St & Bell. This area has some small city parks with shade trees and grass. "
    0
    Flag
  • Trulia User
    "Well maintained. Friendly. Views. Proximity to schools. Near highway access. Park for kids and adults. "
    4
    Flag
  • Trulia User
    "it's quiet and there's rarely any dangerous activity happening and you can walk outside without having to look over your shoulder "
    0
    Flag
  • Trulia User
    "I am no more than 40 minutes away from anything in the area. twenty minutes to work, walking distance to shops and restaurants. "
    0
    Flag
  • Trulia User
    "the active park down the street and convenience of of major highways in Central Phoenix. great schools "
    1
    Flag
  • Trulia User
    "Many dog owners!! Always out walking their dogs & lizards. Not many snakes in the area. If there are they are friendly. "
    0
    Flag
  • Trulia User
    "there are some dog owners who unleash thier large and poorly behaved dogs. most dog walkers pick up after thier pets"
    0
    Flag
  • Trulia User
    "Our commute centers on Elementary School and the time of day ~ 15 to 30min depending on traffic. Local drives average 10-15min."
    0
    Flag
  • Trulia User
    "no events in this neighborhood at this time. community center used to gold events but plenty of churches in the area with events."
    0
    Flag
  • Trulia User
    "commute is easy and not a lot of traffic. I feel people drive properly and follow traffic laws and speed limits "
    1
    Flag
  • Trulia User
    "I live in a 55+ gated community which we call a village. Everyone watches out for one another. We have all kinds of clubs and activities. Covid brought everything to a halt but now we are starting to socialize again. I love the stores and shopping close by also. "
    0
    Flag
  • Trulia User
    "close to park and fwy ,shopping and work, great restaurants, easy to get to Kierland ,fashion Square, and 3 Costcos! Neighborhood is great community "
    0
    Flag
  • Trulia User
    "easy access to all areas of the valley with access to 51 and the 101. very convenient to move about the Valley without much thought "
    0
    Flag
  • Trulia User
    "This is a great dog walking community. There are plenty of trash bins for waste disposal and a lot of walking paths and park area to run dogs. "
    0
    Flag
  • Trulia User
    "There are no community events that happen in this neighborhood. That would be nice if there was. My "
    0
    Flag
  • Trulia User
    "Just lots of places to walk your pets on safe quiet streets. Lots of trails too. Plenty of parks as well."
    0
    Flag
  • Samir L.
    "People for the most part pick up after their dogs. And there is the greenbelt next to the freeway that's very nice. "
    5
    Flag
  • Karissa S.
    "We join my sister in law on walks with her dogs and they absolutely love it! Everyone’s dogs are behaved and on leases. People respect one another "
    3
    Flag
  • Cheryl G.
    "Nice neighbors that are respectful of others and their property. Dog owners pick up after their pets. No trashy music being played throughout the day and night if you work from home. As i work from home that is a deal breaker for me."
    1
    Flag
  • Karissa S.
    "The mall has a carnival every so often. But I have never been. Other than that I haven’t seen any other community events in my neighborhood. "
    0
    Flag

Market trends in Paradise Valley

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$587K
$3.5KMoM
Sale-to-List Price
98.4%
0.1%MoM
Price per sq ft
$333
$4MoM
Available listings
794
69MoM

Home Value

Trulia Estimate
$659K
Since last month
Decreased$37K (-5.3%)
Since last year
Decreased$109K (-14.2%)
Since last sale
Increased$349K (+112.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +205% in the last 10 years
MonthEstimated value
2026
August 2026$659K
July 2026$696K
June 2026$697K
May 2026$707K
April 2026$726K
March 2026$768K
February 2026$752K
January 2026$729K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2825 E PARADISE Lane, Phoenix, AZ
0.55
Multi-Family Home
$315,000
05/08/26
8
5
3,614
2726 E Tierra Buena Lane, Phoenix, AZ
0.37
Multi-Family Home
$615,000
12/01/25
8
8
3,600
2813 E MONTE CRISTO Avenue, Phoenix, AZ
0.48
Multi-Family Home
$530,000
11/14/25
8
2
3,628
2822 E KATHLEEN Road, Phoenix, AZ
0.49
Multi-Family Home
$530,000
11/14/25
8
2
3,628
2702 E JUNIPER Avenue, Phoenix, AZ
0.79
Multi-Family Home
$670,000
01/09/26
6
4
2,632
3005 E PARADISE Lane, Phoenix, AZ
0.73
Multi-Family Home
$900,000
01/14/26
8
3
4,400
1822 E KINGS Avenue, Phoenix, AZ
0.96
Multi-Family Home
$297,000
06/30/26
2
2
1,056
1705 E GRANDVIEW Road, Phoenix, AZ
1.10
Multi-Family Home
$380,000
03/19/26
2
2
1,358
1766 E SANDRA Terrace, Phoenix, AZ
0.95
Multi-Family Home
$320,000
07/30/26
2
1
824
13017 N 20th Street, Phoenix, AZ
1.74
Multi-Family Home
$610,000
12/16/25
7
6
2,271

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2437 E TRACY Lane #4, Phoenix, AZ 85032
0.02
$245,000
3
2
992
Recently Sold
2443 E TRACY Lane E #4, Phoenix, AZ 85032
0.02
$255,200
3
2
992
Off Market
2438 E TRACY Lane #1, Phoenix, AZ 85032
0.05
$182,000
2
2
816
Off Market
2438 E TRACY Lane #3, Phoenix, AZ 85032
0.06
$205,500
2
2
952
Off Market
2438 E TRACY Lane #4, Phoenix, AZ 85032
0.07
-
3
2
992
Off Market
15818 N 25TH Street #104, Phoenix, AZ 85032
0.08
$295,000
3
2.5
1,355
Recently Sold
2512 E Waltann Lane, Phoenix, AZ 85032
0.06
$314,700
3
2
1,026
Off Market
15818 N 25TH Street #116, Phoenix, AZ 85032
0.10
$328,400
3
3
1,275
Off Market
15818 N 25TH Street #113, Phoenix, AZ 85032
0.10
$304,000
2
2.5
1,355
For Sale
2515 E WALTANN Lane, Phoenix, AZ 85032
0.08
$194,900
3
2
1,008
Off Market
15625 N 25TH Street #21, Phoenix, AZ 85032
0.10
$74,300
3
2
980
Off Market

Price and Tax history

DateEventPrice
Aug 10, 2026
Source: ARMLS #7064823
Listed For Sale
$690,000
Jul 10, 2026
Source: ARMLS #7017582
ListingRemoved
$739,000
Apr 22, 2026
Source: ARMLS #7017582
Listed For Sale
$739,000
Aug 13, 2018
Source: ARMLS #5760912
Sold
$310,000
May 29, 2018
Source: Agent Provided
PriceChange
$315,000
Price decreased by 5%

LGBTQ Local Legal Protections

Jackson Everhart, Orion Investment Real Estate
Agent Phone: (970) 219-3038

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Frequently asked questions about 2440 E WALTANN Lane

  • What is the estimated monthly payment for 2440 E WALTANN Lane?
    Based on a $690,000 list price with 20% down at today's rates, the estimated monthly payment for 2440 E WALTANN Lane in Phoenix, AZ is approximately $3,924 (about $3,613 principal & interest, $236 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 2440 E WALTANN Lane compare to homes in Phoenix?
    2440 E WALTANN Lane in Phoenix, AZ is listed at $690,000, about 18% above the $587K median sale price in Phoenix.
  • What do residents say about the Paradise Valley neighborhood?
    Residents describe the Paradise Valley neighborhood in Phoenix, AZ as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Paradise Valley, Phoenix.
  • What are the closest schools to 2440 E WALTANN Lane?
    The closest schools to 2440 E WALTANN Lane in Phoenix, AZ are Greenway Middle School (Elementary, rated 5/10), North Canyon High School (Middle, rated 4/10), Palomino Intermediate School (Pre-K/Elementary, rated 4/10).
  • Does 2440 E WALTANN Lane have air conditioning?
    Yes, 2440 E WALTANN Lane in Phoenix, AZ has air conditioning.
  • Does 2440 E WALTANN Lane have parking?
    Yes, 2440 E WALTANN Lane in Phoenix, AZ has on-site parking.
2440 E WALTANN Lane, Phoenix, AZ 85032 is a 9 bedroom, 5 bathroom, 3,270 sqft multi-family built in 1982. 2440 E WALTANN Lane is located in Paradise Valley, Phoenix. This property is currently available for sale and was listed by ARMLS on Aug 10, 2026. The MLS # for this home is MLS# 7064823.