WOW! Investor Opportunity! Tenant occupied with immediate rental income and potential to increase rents! This Phoenix 2BR/1BA townhome is a premium corner unit featuring tile flooring on the lower level, fresh interior paint, new vinyl flooring, and spacious oversized bedrooms. The updated kitchen offers new cabinets and new granite countertops, included appliances, and a seamless flow into the expansive living room. Additional features include washer/dryer hookups, generous storage, and a secure private courtyard/ pergola patio! Enjoy community walking paths, close to Grand Canyon University, shopping, restaurants, entertainment, and a convenient location with easy access to I-10 and I-17. Great investment opportunity or affordable Phoenix townhome available now!
For sale
$150,000
5040 N 40TH Avenue, Phoenix, AZ 85019
2beds
924sqft
Townhouse
Built in 1972
1,638 Square Feet Lot
$-- Zestimate®
$162/sqft
$154/mo HOA
What's special
Updated kitchenCommunity walking pathsPremium corner unitFresh interior paintSpacious oversized bedroomsNew granite countertopsGenerous storage
- 2 days
- 123
- 6
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Awni S Abbas 480-788-4118,
HomeSmart
Source: ARMLS,MLS#: 7073779
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Electric
Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
Appliances
- Included: Refrigerator, Electric Range, Electric Oven, Electric Cooktop
- Laundry: Inside
Features
- Pantry, High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen
- Flooring: Vinyl, Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 924
- Total interior livable area: 924 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Storage
- Spa features: None
- Fencing: Block
Lot
- Size: 1,638 Square Feet
- Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Parcel number: 14527458
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame, Painted
- Roof: Composition
Condition
- Year built: 1972
Details
- Builder name: HALLCRAFT VILLAS
Utilities & green energy
- Electric: 220 Volts in Kitchen
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Near Light Rail Stop, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path
- Subdivision: HALLCRAFT VILLAS WEST 3
HOA
- Has HOA: Yes
- Services included: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
- HOA fee: $154 monthly
- HOA name: Crystal Vista
- HOA phone: 602-957-9191
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $151,800
- Annual tax amount: $372
- Date on market: 8/31/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,FannieMae (HomePath),Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $150,000-18.9%$162/sqft |
Source:  ARMLS #7073779 Report a problem | ||
| 7/10/2026 | Listing removed | $1,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2026 | Price change | $1,095-8.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2026 | Price change | $1,195-7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/9/2026 | Price change | $1,295-7.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/27/2026 | Listed for rent | $1,395+7.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2024 | Listing removed | $185,000$200/sqft |
Source: ARMLS #6514194 Report a problem | ||
| 4/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/15/2023 | Price change | $1,295-7.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/7/2023 | Listed for rent | $1,395$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/28/2023 | Listing removed | $185,000$200/sqft |
Source: ARMLS #6514194 Report a problem | ||
| 2/2/2023 | Listed for sale | $185,000+48%$200/sqft |
Source: ARMLS #6514194 Report a problem | ||
| 6/7/2021 | Sold | $125,000+52.4%$135/sqft |
Source: ARMLS #6227542 Report a problem | ||
| 4/5/2018 | Sold | $82,000+241.7%$89/sqft |
Source: Public Record Report a problem | ||
| 12/1/1993 | Sold | $24,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $372 +10% | $15,180 -1.1% |
| 2024 | $338 -0.5% | $15,350 +618.3% |
| 2023 | $340 +1.6% | $2,137 -73.8% |
| 2022 | $335 +3% | $8,160 +10.1% |
| 2021 | $325 +1.2% | $7,410 +15.6% |
| 2020 | $321 +8.3% | $6,410 +40.3% |
| 2019 | $296 | $4,570 +26.2% |
| 2018 | $296 +1.2% | $3,620 +18.3% |
| 2017 | $293 +10.4% | $3,060 +15% |
| 2016 | $265 -0.8% | $2,660 +1.5% |
| 2015 | $267 | $2,620 +48.9% |
| 2014 | -- | $1,760 +40.8% |
| 2013 | -- | $1,250 -7.4% |
| 2012 | -- | $1,350 |
| 2011 | -- | $1,350 -70.7% |
| 2010 | -- | $4,600 -33.8% |
| 2009 | -- | $6,950 +10.3% |
| 2008 | -- | $6,300 +43.2% |
| 2007 | -- | $4,400 +15.8% |
| 2006 | -- | $3,800 |
| 2005 | -- | $3,800 +31% |
| 2004 | -- | $2,900 |
| 2003 | -- | $2,900 +18.4% |
| 2002 | -- | $2,450 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Alhambra
Nearby schools
Schools provided by the listing agent
- Elementary: Alhambra Traditional School
- Middle: Alhambra Traditional School
- High: Alhambra High School
- District: Alhambra Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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