For Sale Townhome MLS# 7062907

4037 S 45TH Street

Phoenix, AZ 85040

$159,000

About 4037 S 45TH Street

Rock-solid investment condo, owned by the same seller for over 12 years with zero missed rent payments in that entire span -- a rental track record that speaks for itself. This 2-bedroom, 1-bathroom, 924 SF unit is currently rented month-to-month at $1,300/month (slightly under market, with room to grow) to a long-term, reliable tenant. Recent updates include a new AC unit, upgraded flooring, and partial kitchen and bathroom improvements. HOA is $287/month. Appraised at $160,000 two months ago. Because the unit is tenant-occupied, there is no yard sign; buyers can evaluate the numbers, condition, and 12-year rent roll without disturbing the current tenant. A proven performer for an investor who values consistency over guesswork.

Property details

Property

Type
Townhouse
MLS type
Townhouse
Status
Active
Year built
1973
Stories
2
Living area
924 sqft
Price / sqft
$172
Lot
0.02
Original price
$159,000
MLS #
7062907

Interior

Features
Central Air, Laminate Counters, Heat Pump, Wshr/Dry HookUp Only, Carpet, Tile
Flooring
Carpet, Tile
Heating
Heat Pump
Cooling
Central Air
Laundry
Wshr/Dry HookUp Only

Exterior & lot

Features
Contemporary, Private Yard, Assigned
Construction
Stucco, Wood Frame, Painted, Built-Up
Roof
Built-Up
Lot
12455341, Block
Fence
Block
Parking
Assigned

Schools

District
Tempe School District
Elementary
Holdeman Elementary School
Middle
Geneva Epps Mosley Middle School
High
Tempe High School

Utilities

Utilities
Public Sewer, City Water
Water
City Water
Sewer
Public Sewer

Financial

HOA
Yes
Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$294
Tax year
2025
Parcel
12455341

Location

Subdivision
HALLCRAFT VILLAS EAST 4
County
Maricopa
Neighborhood
Hallcraft Villas East
Community
Maricopa, Insurance, Maintenance Grounds, Maintenance Exterior, 287.0, Monthly, Arizona Regional Multiple Listing Service 2, Tempe School District

Location

Neighborhood
Hallcraft Villas East
Subdivision
HALLCRAFT VILLAS EAST 4
School district
Tempe School District

Ask about this property

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Listed by Tricia Manara, Manara Properties, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.