4037 S 45th St

Phoenix, AZ 85040
  • $159,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 924

    SqFt
  • 0.02

    Acre

About the Listing mana001 - tm501

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 Highlights for 4037 S 45th St

Status Active
Days on Site 79
Property Type Condo/Townhome
MLS ® 7062907
Year Built 1973
Total Square Footage 924
Lot/Acreage 0.02
County Maricopa
HOA Dues 287/Monthly
School District Tempe School District
Elementary School Holdeman Elementary School
High School Tempe High School

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Heat Pump
  • Fireplaces:
  • Floor: Carpet,Tile
  • Basement:
  • Other: Laminate Counters
  • Water: City Water

Exterior Details

  • Lot Description: Gravel/Stone Front,Gravel/Stone Back
  • Garage Capacity: N/A
  • Roof: Built-Up
  • Others: Private Yard
  • Sewer: Public Sewer
  • Parking Features: Assigned

Financial Details

  • Tax Amount: $294
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 124-55-341
  • Tax Year: 2025

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Listing Location

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4037 S 45th St Phoenix, AZ 85040

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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Shanna Day Team

Operator & Expansion Partner | Shanna Day Team | Keller Williams Realty Phoenix

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