Courtesy of Manara Properties, LLC, Tricia Manara Listing Contact: 480-273-6884
2 Beds
1 Bath
924 sqft
$159,000
4037 S 45TH Street, Phoenix AZ, 85040
Price per sqft$172.08
Built in1973
Property size924 sqft
Property typeTownhomes
Overview
Active
Listed Aug 5, 2026
Updated Sep 10
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
- MLS® ID
- 7062907
Interior Features
- Bedrooms
- 2
- Bathrooms
- 1
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.02 Acres
Other Property Details
- Taxes
- $294
- Tax Frequency
- Annually
- Association Fee Frequency
- Monthly
- Municipality
- 1N
Courtesy of Manara Properties, LLC, Tricia Manara
Listing Contact: 480-273-6884
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tag Team AZ Realtors LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
©2026 Arizona Regional Multiple Listing Service. All rights reserved.
Data Last Updated: 6:31 AM UTC, 9/10/2026.
