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4037 S 45TH Street, Phoenix, AZ 85040 — photo 1 of 5
ActiveMLS #7062907

$159,000

4037 S 45TH Street

Phoenix, AZ 85040

2beds
1baths
924sqft
Price per sqft
$172/sqft
Listed
Aug 5, 2026
Since listed
41 days
Lot
814 sqft lot

About this home

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.

From ARMLS

Property details

Home & layout

Property type
Townhouse
Bedrooms
2
Bathrooms
1
Living area
924 sqft
Year built
1973
Stories
2

Interior

Interior features
Laminate Counters
Flooring
Carpet, Tile
Laundry
Wshr/Dry HookUp Only

Systems & utilities

Heating
Heat Pump
Cooling
Central Air
Sewer
Public Sewer
Water source
City Water

Lot, exterior & construction

Lot size
814 sqft lot
Lot features
Gravel/Stone Front, Gravel/Stone Back
Construction
Stucco, Wood Frame, Painted
Roof
Built-Up
Exterior features
Private Yard
Patio & porch
Patio
Fencing
Block
Foundation
Block
Spa
None

Parking & access

Garage
0 spaces
Carport
0 spaces
Covered parking
0 spaces
Parking features
Assigned

Community & lifestyle

Community features
Pool
HOA
$287 monthly
HOA name
Hallcraft Villas 4

Location

Explore the neighborhood

4037 S 45TH Street, Phoenix, AZ 85040

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Schools

School assignments can change and are not guaranteed. Please verify enrollment directly with the district.

Listing information

Status
Active
MLS number
7062907
Listed
Aug 5, 2026
Last updated
Sep 9, 2026, 11:39 AM MST
County
Maricopa
Tax year
2025
Listing terms
Cash, Conventional
Possession
Close of Escrow, Subject To Tenant Rights
Special conditions
N/A
Listing agent
Tricia Manara
Listing brokerage
Manara Properties, LLC

Listing courtesy of Tricia Manara, Manara Properties, LLC.