$159,000

4037 S 45TH Street, Phoenix, AZ 85040

2 beds |
1 bath |
924 sqft

Town Home
Built in 1973
871sqft lot
—— car garage
$172/sqft
Listed 2 months ago

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.

Listing Status:: Active
Date Added:: August 5, 2026
Data Last Updated:: October 7, 2026 at 1:06PM
Listing Office:: Manara Properties, LLC : 480-273-6884
Listing Agent:: Tricia Manara : 480-273-6884
MLS ID:: 7062907

General: Laminate Counters
Laundry: Wshr/Dry HookUp Only
Flooring: CarpetTile
A/C: Central Air
Heating: Heat Pump

General: Private Yard
Style: Contemporary
Parking: Assigned

Roofing: Built-Up
General: StuccoWood FramePainted

HOA Amenities: InsuranceMaintenance GroundsMaintenance Exterior287.0Monthly
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Tempe School District
County: Maricopa

Zoning: 12455341
Fencing: Block

Water: City Water
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Tricia Manara , Manara Properties, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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