7040 W OLIVE Avenue 40, Peoria, AZ 85345

$239,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 852 Lot Size (sq. ft.): 828 Status: Active
Current Price: $239,000 List Date: 4/03/2026 Last Modified: 9/06/2026

Overview

Description

PRICE REDUCED! Rare 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. The bathroom features dual entry access, adding convenience and functionality.

Supplements: All appliances are included: -Refrigerator -Stainless steel flat-top range -Built-in microwave -Dishwasher -Newer stackable washer & dryer (2022) Step outside to relax on the enclosed back patio adjacent to the greenbelt, perfect for quiet mornings or entertaining guests. Residents also enjoy easy access to the community pool and spa just steps awa ...

Listing Details MLS# 6994015

Location, Tax & Legal

House Number
7040
Compass
W
Street Name
OLIVE
St Suffix
Avenue
City/Town Code
Peoria
State/Province
AZ
Zip Code
85345
Zip4
8883
Country
US
County Code
Maricopa
Assessor Number
143-11-718
Subdivision
OLIVE SQUARE CONDOMINIUMS PHASE 1
Tax Year
2025

Contract Information

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

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
852
Price/SqFt
280.52
Horses
N
Builder Name
Design Master Homes
Year Built
1987
Approx Lot SqFt
828
Approx Lot Acres
0.019
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Marketing Name
Olive Square Condominiums
Elementary School District
Peoria Unified School District
High School District
Peoria Unified School District
Elementary School
Ira A Murphy
Jr. High School
Ira A Murphy
High School
Centennial High School

Remarks Misc

Cross Street
Olive Ave and 71st Ave
Directions
East on Olive Ave. Left on Olive Square. Drive to the left of the complex and park north of the cluster mailbox. Walk down sidewalk toward the community pool. Property located on the left side of the pool (directly across from the pool).

Legal Info

Township
3N
Range
1E
Section
25
Lot Number
40

Basement

Basement Y/N
N

More Information

Items Updated

Floor Yr Updated
2024
Floor Partial/Full
Full
Plmbg Yr Updated
2025
Plmbg Partial/Full
Partial
Ht/Cool Yr Updated
2005
Ht/Cool Partial/Full
Full
Kitchen Yr Updated
2015
Kitchen Partial/Full
Partial
Bath(s) Yr Updated
2015
Bath(s) Partial/Full
Partial

Parking Spaces

Carport Spaces
Yes
Total Covered Spaces
Yes

Showing Notification Methods

Showing Service
Aligned Showings

DPR Eligible

DPR Eligible
Yes

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: None Flooring: Vinyl Window Features: Screens; Dual Pane Community Pool Features: Fenced; Heated; Outdoor; Play Pool Spa: None Community Features: Biking/Walking Path; Community Spa; Community Spa Htd; Near Bus Stop Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Laminate Counters Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer; Washer Hookup; 220 V Dryer Hookup; Inside Interior Features: No Interior Steps Technology: Cable TV Avail; High Speed Internet Exterior Features: Patio Parking Features: Assigned Parking Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition; Tile Cooling: Central Air; Ceiling Fan(s); Heat Pump Heating: Heat Pump; Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Wrought Iron; Block Property Description: Borders Common Area Landscaping: Desert Front; Grass Back Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: Exterior Mnt of Unit; Blanket Ins Policy; Sewer; Garbage Collection; Pest Control; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: FHA New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: West USA Realty
Last Updated: September - 06 - 2026
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