About This Home

This 2-bedroom, 1-bathroom townhouse at 7040 W OLIVE Avenue #40 in Peoria, AZ is listed for $239,000 ($281 per sqft). Built in 1987, the home offers 852 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1987
  • 0.02 acre lot

Property Details

1 story
1 full
#40
1987

Amenities

A/C
Listing 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. 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 away. Located in a highly convenient area near shopping, dining, and Glendale Community College, this home combines comfort, updates, and an excellent location. A truly special property -- must see!

Monthly Cost Estimate

$1,561/mo

20% down · 6.5% · 30 years

Principal$173
Interest$1,036
Insurance$70
HOA$283

Estimates only. Actual payments may vary.

Location

7040 W OLIVE Avenue #40

Peoria, AZ 85345

OLIVE SQUARE CONDOMINIUMS PHASE 1

Features & Amenities

Interior Features

High Speed InternetBreakfast BarNo Interior StepsLaminate Counters

Property Details

Flooring

Vinyl

Construction

Stucco Wood Frame Painted

Outdoor Features

Patio

Parking

Assigned

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Heat PumpCeiling Fan(s)Central Air

Appliances

Stacked Washer/DryerDryerWasherRefrigeratorBuilt-in MicrowaveDishwasherDisposalElectric Range

Questions & Answers

This 2-bedroom, 1-bathroom townhouse at 7040 W OLIVE Avenue is listed at $239,000 ($281/sqft). The estimated monthly payment is $1,562 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. Interior Features: High Speed Internet, Breakfast Bar, No Interior Steps.

This property is listed by Todd Heilesen.

TH

Todd Heilesen

Agent at West USA Realty

Listed by West USA Realty · Broker phone: (602) 942-4200 · View on Broker Site · Broker website

MLS# 6994015· Source: Arizona Regional Multiple Listing Service, Inc.· 240 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 #40, Peoria, AZ 85345

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