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$675,000
43 Days On Site

1515 W TONTO Street
Phoenix, AZ 85007

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1943
Built
Subdivision:
STEVE RAYBURN SUBDIVISION
County:
Maricopa

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602-688-7388
1515 W TONTO Street1515 W TONTO Street1515 W TONTO Street1515 W TONTO Street
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Fully RENOVATED 3-UNIT Turnkey Short-Term Rental in Central Phoenix! Cap rate 10%+, average occupancy 75%, and strong Airbnb rating of 4.8+ stars! Comes with confirmed future bookings totaling over $7,500 through Feb 1, 2026. Property consists of one 2-bed/1-bath unit, one 1 bed/1 bath unit and private studio — each with its own kitchen, full bath, and separate entrance. The separate laundry room & shed serves gusts and maids. A fenced common courtyard offers a grill, fire pit, and lounge area with hammock — perfect for guest enjoyment. Separate maintenance/storage shed for cleaning crew and supplies. Every unit comes with furniture and decor. The property located in a high-demand area near Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row.

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Listing Snapshot
Price 
$675,000
Days On Site 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1943
MLS® Number 
6953631
Status 
Active
Property Tax 
$983
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
Cross Street 
Buckeye Rd and 15th
Disclosures 
None
Parking 
Carport
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-3
Interior Features
Appliances 
DishwasherRefrigeratorFree-Standing Gas OvenBuilt-In Gas OvenMicrowaveWasher/Dryer
Cooling 
Central AirCeiling Fan(s)ElectricWall/Window Unit(s)
Heating 
Electric
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Exterior Features
Construction Details 
StuccoBlock
Roof 
Composition
Community Features
Financing Terms Available 
Conventional1031 ExchangeFHAVA Loan
School District 
Phoenix Union High School District
Township 
1N
Schools
School District
Phoenix Union High School District
Elementary School
Paul Dunbar Lawrence School
Middle School
Paul Dunbar Lawrence School
High School
Carl Hayden High School
Listing courtesy of eXp Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-01-15 10:50 PM UTC

Neighborhood & Commute
Source: Walkscore
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