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$150,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 0.04 Acres
  • Updated 6 hours ago
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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!

Full Property Details for 5040 N 40th Ave

General

  • Price: $150,000
  • HOA FEE: $154/month
  • Taxes: $372 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7073779
  • Updated: 8/31/2026
  • Added to Site: Today

Interior

  • Interior Features: Walk-in Pantry, High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen, Pantry
  • Appliances: Refrigerator, Electric Range, Electric Oven, Electric Cooktop
  • Flooring: Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside, Wshr/Dry HookUp Only

Exterior

  • Exterior Features: Storage

Parking

  • Parking Features: Assigned

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: HALLCRAFT VILLAS WEST 3
  • Cross Streets: 40th Ave & Camelback Rd

Community

  • Association: Yes
  • Assoc. Name: Crystal Vista
  • Assoc. Fees Include: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Roof Replacement, Maintenance Exterior

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
  • Heating Type: Forced Air, Electric

Utilities

  • Water: City Water

Structural Information

  • Builder: HALLCRAFT VILLAS
  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Composition, Rolled/Hot Mop
  • Sq. Ft. Source: Assessor
  • Year Built: 1972

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,638
  • Lot Size Source: Assessor
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Financial Considerations

  • Association Fee: $154
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $372
  • Tax Year: 2025
  • Terms: Cash, FannieMae (HomePath), Conventional

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 147 HALLCRAFT VILLAS WEST 3 MCR 013920
  • Property ID: 145-27-458
  • Range: 2E
  • Section: 15
  • Lot Number: 147

Listed by HomeSmart

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— 5040 N 40th Ave —

  • HomeSmart

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5040 N 40th Ave

School Districts:Alhambra Elementary District, Phoenix Union High School District
NameGradesDistance
Sevilla Primary School
3801 West Missouri Avenue, Phoenix, AZ 85019
K-40.3 mi
Sevilla West School
3851 West Missouri Avenue, Phoenix, AZ 85019
5-80.4 mi
Alhambra High School
3839 West Camelback Road, Phoenix, AZ 85019
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5040 N 40th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/31/2026
Listed
$150,000
20%
MLS
5/27/2021
Sold
$125,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5040 N 40th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$372
—
$2,356
-85%
2025
$372
9%
$16,080
5%
2023
$340
1%
$15,350
43%
2022
$335
—
$10,760
32%
2022
$335
-1%
$8,160
10%
2021
$338
4%
$7,410
16%
2020
$325
1%
$6,410
40%
2019
$321
8%
$4,570
26%
2018
$296
1%
$3,620
18%
2017
$293
5%
$3,060
15%
2016
$280
6%
$2,660
2%
2015
$265
-1%
$2,620
49%
2014
$267
16%
$1,760
41%
2013
$231
—
$1,250
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5040 N 40th Avenue, Phoenix, AZ 85019 (MLS# 7073779) is a Townhouse property with 2 bedrooms and 1 full bathroom. 5040 N 40th Avenue is currently listed for $150,000 and was received on August 31, 2026. Want to learn more about 5040 N 40th Avenue? Do you have questions about finding other Townhouse real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.

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