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$1,550
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Property Description
Rare (for Lease)standalone townhome across from community pool & spa! Don't miss this rare opportunity to own a charming 2 bedroom, 1 bath standalone townhome ideally located directly across from the community pool and spa. This inviting home features an open-concept kitchen and living area, perfect for everyday living or entertaining. Recent updates include luxury vinyl plank flooring installed in 2024 and a new water heater in 2025, offering modern style and peace of mind. The primary bedroom includes a private patio exit and overlooks the peaceful greenbelt, while the front bedroom enjoys views of the pool area.
Full Property Details
Full Property Details for 7040 W Olive Ave #40
General
- Rent: $1,550
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7081228
- Updated: 9/16/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Master Downstairs, Breakfast Bar
- Appliances: Washer, Dryer, Microwave, Electric Range, Disposal, Dishwasher
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: Assigned
Location
- County: Maricopa
- Subdivision: Olive Square Condominiums Phase 1
- Cross Streets: Olive Ave and 71st
Community
- Association: Yes
- Assoc. Name: Olive Square Condos
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Central Air, Ceiling Fan(s)
- Heating Type: Heat Pump, Electric
Utilities
- Water: Public
Structural Information
- Architectural Style: Other,
- Builder: Design Master Homes
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Composition, Tile
- Windows: Blinds, Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 828
- Lot Size Source: Assessor
- Lot Features: Borders Common Area, Desert Front, Grass Back
Financial Considerations
- Security Deposit: $1,550
- Credit Check Amount: $50
- Earnest Deposit: $500
Disclosures and Reports
- Property ID: 143-11-718
- Lot Number: 40
Listed by West USA Realty
Schools
Schools serving 7040 W Olive Ave #40
School District:Peoria Unified School District
| Name | Grades | Distance |
|---|---|---|
Ira A Murphy 7231 West North Lane, Peoria, AZ 85345 | K-8 | 0.8 mi |
Centennial High School 14388 North 79th Avenue, Peoria, AZ 85381 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 7040 W Olive Ave #40
Date
Details
Price
Change
Source
9/16/2026
Listed
$1,550
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7040 W Olive Avenue #40, Peoria, AZ 85345 (MLS# 7081228) is a Townhouse property with 2 bedrooms and 1 full bathroom. 7040 W Olive Avenue #40 is currently listed for rent at $1,550 and was received on September 16, 2026. Want to learn more about 7040 W Olive Avenue #40? Do you have questions about finding other real estate for sale or rent in Peoria? You can browse all Peoria rentals or contact a Coldwell Banker agent to request more information.

