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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 4 weeks ago

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.

$1,058/mo

Est. mortgage payment based on a $159,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

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

Courtesy of Manara Properties, LLC, Tricia Manara

Listing Contact: 480-273-6884 

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Data Last Updated: 6:31 AM UTC, 9/10/2026.

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