5040 N 40TH Avenue, Phoenix, AZ 85019

$150,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 924 Lot Size (sq. ft.): 1,638 Status: Pending
Current Price: $150,000 Last Modified: 10/07/2026

Overview

Description

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!

Listing Details MLS# 7073779

Location, Tax & Legal

House Number
5040
Compass
N
Street Name
40TH
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85019
Zip4
2875
Country
US
County Code
Maricopa
Assessor Number
145-27-458
Subdivision
HALLCRAFT VILLAS WEST 3
Tax Year
2025

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
Yes
# of Interior Levels
2
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
924
Price/SqFt
162.34
Horses
N
Builder Name
HALLCRAFT VILLAS
Year Built
1972
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
1638
Approx Lot Acres
0.038
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Marketing Name
PHOENIX TOWNHOME FOR SALE
Elementary School District
Alhambra Elementary District
High School District
Phoenix Union High School District
Elementary School
Alhambra Traditional School
Jr. High School
Alhambra Traditional School
High School
Alhambra High School

Remarks Misc

Cross Street
40th Ave & Camelback Rd
Directions
East on Camelback, north on 41st Drive, immediately turn right onto frontage road. North on 40th Ave, west on Reade, then turn right to home. Home on the left.

Status Change Info

Off Market Date
2026-09-08
Under Contract Date
2026-09-03

Legal Info

Township
2N
Range
2E
Section
15
Lot Number
147

More Information

Basement

Basement Y/N
N

Items Updated

Floor Yr Updated
2024
Floor Partial/Full
Partial
Kitchen Yr Updated
2024
Kitchen Partial/Full
Partial

Parking Spaces

Slab Parking Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings

DPR Eligible

DPR Eligible
Yes

Property Features

Special Listing Cond: N/A Building Style: Clustered Master Bathroom: None Master Bedroom: Upstairs Flooring: Tile; Vinyl Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Comm Tennis Court(s); Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen Kitchen Features: 220 Volts in Kitchen; Electric Oven; Electric Range; Electric Cooktop; Refrigerator; Pantry; Walk-in Pantry; Granite Counters Laundry: Washer Hookup; Inside Technology: 3+ Exist Tele Lines; Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio; Storage Parking Features: Assigned Parking Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition; Rolled Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Forced Air Plumbing: Electric Hot Wtr Htr; WaterSense Toilet(s) Utilities: SRP Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Block Property Description: Corner Lot Landscaping: Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks; None Possession: By Agreement; Close of Escrow Unit Style: Two Levels Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Conventional New Financing: Cash; Conventional; FannieMae (HomePath) Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: HomeSmart
Office Phone: 602-230-7600
Office Email: rlarue@hsmove.com
Last Updated: October - 07 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.