For sale

$159,000

4037 S 45TH Street, Phoenix, AZ 85040

2beds

924sqft

$1,287/mo

Get pre-qualified

Townhouse

Built in 1973

814 Square Feet Lot

$-- Zestimate^®

$172/sqft

$287/mo HOA

What's special

New ac unitUpgraded flooring

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.

21 days

182

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Refrigerator, Dishwasher, Electric Range, Built-In Electric Oven

Features

Laminate Counters
Flooring: Carpet, Tile
Has basement: No
Has fireplace: No

Interior area

Total structure area: 924
Total interior livable area: 924 sqft

Property

Parking

Parking features: Assigned

Features

Stories: 2
Patio & porch: Patio
Exterior features: Private Yard
Spa features: None
Fencing: Block

Lot

Size: 814 Square Feet
Features: Gravel/Stone Front, Gravel/Stone Back

Details

Parcel number: 12455341

Construction

Type & style

Home type: Townhouse
Architectural style: Contemporary
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Stucco, Wood Frame, Painted
Foundation: Block
Roof: Built-Up

Condition

Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool
Subdivision: HALLCRAFT VILLAS EAST 4

HOA

Has HOA: Yes
Services included: Insurance, Maintenance Grounds, Maintenance Exterior
HOA fee: $287 monthly
HOA name: Hallcraft Villas 4
HOA phone: 480-948-5860

Location

Region: Phoenix

Financial & listing details

Price per square foot: $172/sqft
Tax assessed value: $122,800
Annual tax amount: $294
Date on market: 8/5/2026
Cumulative days on market: 21 days
Listing terms: Cash,Conventional
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/5/2026	Listed for sale	$159,000+960%$172/sqft
Source: ARMLS #7062907 Report a problem
4/8/2014	Listing removed	$675$1/sqft
Source: Go Section8 Report a problem
1/29/2014	Listed for rent	$675$1/sqft
Source: Go Section8 Report a problem
11/15/2013	Listing removed	$675$1/sqft
Source: Go Section8 Report a problem
11/12/2013	Listed for rent	$675$1/sqft
Source: Go Section8 Report a problem
2/28/2010	Sold	$15,000-86.2%$16/sqft
Source: ARMLS #4326304 Report a problem
8/24/2006	Sold	$109,000+938.1%$118/sqft
Source: ARMLS #2581670 Report a problem
1/10/1997	Sold	$10,500$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$293 +6.8%	$12,280 -3.4%
2024	$274 +0.7%	$12,710 +453.6%
2023	$272 +3.4%	$2,296 -67%
2022	$263 +2.3%	$6,960 +15.8%
2021	$257 +2%	$6,010 +19.5%
2020	$252 +2.6%	$5,030 +20.3%
2019	$246	$4,180 +17.7%
2018	$246 +3.4%	$3,550 +23.3%
2017	$238 +7.4%	$2,880 +7.5%
2016	$221 -7.4%	$2,680 +5.1%
2015	$239	$2,550 +26.2%
2014	--	$2,020 +55.4%
2013	--	$1,300 -7.1%
2012	--	$1,400 -31.7%
2011	--	$2,050 -48.8%
2010	--	$4,000 -47.4%
2009	--	$7,600 +5.6%
2008	--	$7,200 +77.8%
2007	--	$4,050 +1.3%
2006	--	$4,000
2005	--	$4,000 +48.1%
2004	--	$2,700
2003	--	$2,700 +74.2%
2002	--	$1,550