4037 S 45TH Street, Phoenix AZ 85040
$159,000
Brokerage: Ivy Realty(623) 299-4954
1 / 5Home facts
- Price
- $159,000
- Status
- Active
- Beds
- 2
- Baths
- 1
- Living area
- 924 sq ft
- Lot
- 814 sq ft
- Year built
- 1973
- Type
- A · Townhouse
- Stories
- 2
- Pool
- No
- Water
- City Water
- Sewer
- Sewer - Public
- HOA
- $287/mo
- Subdivision
- HALLCRAFT VILLAS EAST 4
- MLS #
- 7062907
Listed by Manara Properties, LLC · 480-273-6884
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
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.
Features
Roof
Built-Up
Sewer
Sewer - Public
Cooling
Central Air
Heating
Heat Pump
Flooring
Carpet, Tile
WaterSource
City Water
ParkingFeatures
Assigned
ExteriorFeatures
Private Yard
InteriorFeatures
Laminate Counters
CommunityFeatures
Pool
ArchitecturalStyle
Contemporary
ConstructionMaterials
Stucco, Wood Frame, Painted
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 5211 S 43RD Place | Sep 10, 2026 | $415,000 | 3/2 | 1,470 | Keller Williams Arizona Realty |
| 4721 E JONES Avenue | Sep 9, 2026 | $199,000 | 3/1 | 1,008 | HomeSmart |
| 4022 S 44TH Street | Aug 17, 2026 | $136,200 | 3/2 | 1,090 | Legion Realty |
| 4641 E Roeser Road | Aug 6, 2026 | $312,000 | 2/2 | 1,122 | The Brokery |
| 4411 E PUEBLO Avenue | Jul 16, 2026 | $137,000 | 2/2 | 1,090 | Wise Choice Properties |
| 4316 E GROVE Street | May 28, 2026 | $369,000 | 3/2 | 1,100 | eXp Realty |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).