$159,000
Phoenix, AZ 85040
MLS# 7062907
2 beds | 1 baths
1 / 5
Property Description
Priced at $159,000 and just appraised at $160,000, this 2-bed, 1-bath condo at 4037 S 45th St in Phoenix is a turnkey investment property with tenants already in place. The unit is 924 sqft and comes with upgraded flooring, a new AC unit, and partial upgrades to the kitchen and bathroom. HOA runs $287 a month. Great long term tenants are on a month to month lease paying $1,300 a month, a bit under market rent, so there is room to grow that number down the road. Because tenants live in the unit, there is no sign on the property . Buyers can move forward on numbers, condition, and rent roll without disrupting the current renters. This is a solid pickup for an investor who wants income from day one.
Details
Maps
Contract Information
List Price: $159,000
Status: Active
Current Price: $159,000
List Date: 2026-08-05
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 4037
Compass: S
Street Name: 45TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 9215
Country: US
County Code: Maricopa
Assessor Number: 124-55-341
Subdivision: HALLCRAFT VILLAS EAST 4
Tax Year: 2025
General Property Description
Dwelling Type: Townhouse
Dwelling Styles: Attached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 2
Full Bathrooms: 1
Total Bathrooms: 1
Approx SQFT: 924
Price/SqFt: 172.08
Horses: N
Builder Name: unknown
Year Built: 1973
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 814
Approx Lot Acres: 0.019
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Planned Comm Name: Hallcraft Villas 4
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Holdeman Elementary School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Remarks Misc
Cross Street: 48th St and Broadway
Geo Lat: 33.409652
Geo Lon: -111.98357
Legal Info
Township: 1N
Range: 4E
Section: 19
Lot Number: 340
Basement
Basement Y/N: N
Items Updated
Ht/Cool Yr Updated: 2026
Ht/Cool Partial/Full: Full
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Contemporary
Master Bathroom: None
Flooring: Carpet; Tile
Community Pool Features: Fenced; Outdoor
Spa: None
Dining Area: Dining in LR/GR
Kitchen Features: Built-In Electric Oven; Electric Range; Dishwasher; Refrigerator; Laminate Counters
Laundry: Washer Hookup; 220 V Dryer Hookup
Foundation Details: Block
Other Rooms: Great Room
Technology: Cable TV Avail
Exterior Features: Patio; Pvt Yrd(s)/Crtyrd(s)
Parking Features: Assigned Parking
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Cooling: Central Air
Heating: Heat Pump
Utilities: SRP
Water Source: City Water
Irrigation: None
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Landscaping: Gravel/Stone Front; Gravel/Stone Back
Showing Notification Methods: Text; Email
Lockbox Type: None
Possession: Close of Escrow; Subject To Tenant Rights
Unit Style: Two Levels
Association Fee Incl: Exterior Mnt of Unit; Blanket Ins Policy; Common Area Maint
Existing 1st Loan: Conventional
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail
Listing Office: Manara Properties, LLC
Last Updated: August - 06 - 2026
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