About This Home

This 2-bedroom, 2-bathroom townhouse at 7040 W Olive Avenue #55 in Peoria, AZ is listed for $220,000 ($219 per sqft). Built in 1987, the home offers 1,006 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1987
  • 0.02 acre lot
  • Fireplace

Property Details

1 story
2 full
#55
1987

Amenities

FireplaceA/C
Listing Description

Olive Square is a unique community of many single family homes (no common walls) but are classified as condos. This home has an open floor plan, kitchen with breakfast bar and 2 pantries, dining area, 2 bedrooms and 2 bathrooms, large patio and updated flooring.

The patio can be accessed, via sliding glass doors, from the living room or the main bedroom. The primary bedroom offers spacious bath, large walk-in closet and laundry. The community offers a pool and spa. The covered parking is right across from the front door for ease of use. Seller will work with buyer agent fee and seller concessions. VA approved

Monthly Cost Estimate

$1,460/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64
HOA$283

Estimates only. Actual payments may vary.

Location

7040 W Olive Avenue #55

Peoria, AZ 85345

OLIVE SQUARE CONDOMINIUMS PHASE 1

Features & Amenities

Interior Features

Double VanityVaulted Ceiling(s)3/4 Bath Master Bdrm

Exterior Features

Storage

Property Details

Flooring

LaminateWood

Construction

Stucco Wood Frame Painted

Outdoor Features

Patio

Parking

Assigned

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)Central Air

Appliances

Stacked Washer/DryerRefrigeratorDishwasherDisposalElectric RangeElectric Oven

Questions & Answers

This 2-bedroom, 2-bathroom townhouse at 7040 W Olive Avenue is listed at $220,000 ($219/sqft). The estimated monthly payment is $1,459 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $283/month.

Key features include: Built in 1987, 0.02 acre lot, Fireplace. Interior Features: Double Vanity, Vaulted Ceiling(s), 3/4 Bath Master Bdrm. Exterior Features: Storage.

This property is listed by Jeanne C Davidson.

JD

Jeanne C Davidson

Agent at HomeSmart

Listed by HomeSmart · Broker phone: (602) 230-7600 · View on Broker Site · Broker website

MLS# 7087000· Source: Arizona Regional Multiple Listing Service, Inc.· 30 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7040 W Olive Avenue #55, Peoria, AZ 85345

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