4037 S 45th Street, Phoenix, AZ 85040

$159,000
2
BD
1
BA
924
SqFt

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List Price
$159,000
Days on Market
37
Status
ACTIVE
MLS#
7062907
City
Phoenix
Bedrooms
2
Bathrooms
1
Living SQFT
924
Lot Size
814
Subdivision
Hallcraft Villas East 4
Year Built
1973
Type
Townhouse

Property Description

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.

Additional Information

Elementary School
Holdeman Elementary School
High School
Tempe High School
Middle School
Geneva Epps Mosley Middle School
Acres
0.02
Architecture
Contemporary
Assoc Fee Includes
Maintenance Exterior, Insurance, Maintenance Grounds
Hoa Fee
$287
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
Hallcraft Villas 4
Builder Name
unknown
Community
Hallcraft Villas 4
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air
Exterior Features
Private Yard
Fencing
Block
Flooring
Carpet, Tile
Heating
Heat Pump
Laundry
Washer Hookup
Living Area
924
Lot Size
814
New Financing
Cash, Conventional
Other Rooms
Great Room
Parking Features
Assigned Parking
Lot Features
Gravel/Stone Front, Gravel/Stone Back
Roofing
Built-Up
Spa
None
Stories
2
Style
Contemporary
Subdivision
Hallcraft Villas East 4
Taxes
$294
Tax Year
2025
Water
Public

Courtesy of Manara Properties, LLC. 480-273-6884

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