4037 S 45TH Street, Phoenix, AZ 85040

$159,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 924 Lot Size (sq. ft.): 814 Status: Active
Current Price: $159,000 Last Modified: 8/06/2026

Overview

Description

Priced at $159,000 and just appraised at $160,000, this 2-bed, 1-bath condo at 4037 S 45th St in Phoenix is a turnkey investment property with tenants already in place. The unit is 924 sqft and comes with upgraded flooring, a new AC unit, and partial upgrades to the kitchen and bathroom. HOA runs $287 a month. Great long term tenants are on a month to month lease paying $1,300 a month, a bit under market rent, so there is room to grow that number down the road. Because tenants live in the unit, there is no sign on the property . Buyers can move forward on numbers, condition, and rent roll without disrupting the current renters. This is a solid pickup for an investor who wants income from day one.

Listing Details MLS# 7062907

Location, Tax & Legal

House Number
4037
Compass
S
Street Name
45TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
9215
Country
US
County Code
Maricopa
Assessor Number
124-55-341
Subdivision
HALLCRAFT VILLAS EAST 4
Tax Year
2025
Assessor's Map #
55
Legal Description (Abbrev)
LOT 340 HALLCRAFT VILLAS EAST 4 MCR 014932
Assessor's Parcel #
341
Tax Municipality
Phoenix
Taxes
294

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
924
Price/SqFt
172.08
Horses
N
Builder Name
unknown
Year Built
1973
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
814
Approx Lot Acres
0.019
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
Hallcraft Villas 4
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Holdeman Elementary School
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School
Half Bathrooms
0

Remarks Misc

Cross Street
48th St and Broadway

Legal Info

Township
1N
Range
4E
Section
19
Lot Number
340

Basement

Basement Y/N
N

More Information

Items Updated

Ht/Cool Yr Updated
2026
Ht/Cool Partial/Full
Full

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Built-Up
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
200
HOA Fee
287
HOA Paid Frequency
Monthly
HOA Name
Hallcraft Villas 4
HOA Telephone
480-948-5860
HOA Management Company
First Service Reside
HOA Management Phone
855-333-5149
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
0
Disclosure Fees HOA
0
Other Fees HOA
0
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
287

Lockbox Type

None
Yes

Architecture

Contemporary
Yes

Master Bathroom

None
Yes

Add'l Property Use

None
Yes

Flooring

Carpet
Yes
Tile
Yes

Dining Area

Dining in LR/GR
Yes

Heating

Heat Pump
Yes

Kitchen Features

Built-In Electric Oven
Yes
Dishwasher
Yes
Electric Range
Yes
Laminate Counters
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Laundry

Washer Hookup
Yes
220 V Dryer Hookup
Yes

Other Rooms

Great Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Technology

Cable TV Avail
Yes

Fencing

Block
Yes

Water Source

City Water
Yes

Community Pool Features

Fenced
Yes
Outdoor
Yes

Exterior Features

Patio
Yes
Pvt Yrd(s)/Crtyrd(s)
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Spaces

Slab Parking Spaces
0
Total Covered Spaces
0

Parking Features

Assigned Parking
Yes

Irrigation

None
Yes

Foundation Details

Block
Yes

New Financing

Cash
Yes
Conventional
Yes

Utilities

SRP
Yes

Existing 1st Loan

Conventional
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Landscaping

Gravel/Stone Front
Yes
Gravel/Stone Back
Yes

Services

City Services
Yes

Unit Style

Two Levels
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes
Subject To Tenant Rights
Yes

Association Fee Incl

Exterior Mnt of Unit
Yes
Blanket Ins Policy
Yes
Common Area Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Contemporary Master Bathroom: None Flooring: Carpet; Tile Community Pool Features: Fenced; Outdoor Spa: None Dining Area: Dining in LR/GR Kitchen Features: Built-In Electric Oven; Electric Range; Dishwasher; Refrigerator; Laminate Counters Laundry: Washer Hookup; 220 V Dryer Hookup Foundation Details: Block Other Rooms: Great Room Technology: Cable TV Avail Exterior Features: Patio; Pvt Yrd(s)/Crtyrd(s) Parking Features: Assigned Parking Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Cooling: Central Air Heating: Heat Pump Utilities: SRP Water Source: City Water Irrigation: None Sewer: Sewer - Public Services: City Services Fencing: Block Landscaping: Gravel/Stone Front; Gravel/Stone Back Showing Notification Methods: Text; Email Lockbox Type: None Possession: Close of Escrow; Subject To Tenant Rights Unit Style: Two Levels Association Fee Incl: Exterior Mnt of Unit; Blanket Ins Policy; Common Area Maint Existing 1st Loan: Conventional Existing 1st Loan Terms: Non Assumable New Financing: Cash; Conventional Disclosures: Seller Discl Avail
IDX
Listing Office: Manara Properties, LLC
Last Updated: August - 06 - 2026
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