1515 W Tonto Street, Phoenix, AZ 85007

Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1515 W Tonto Street,Phoenix, AZ 85007
$629,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: natalia yalin
Office: exp realty
MLS#:6953631
Source:ARMLS

Price summary

  • Price:$629,000

About this home

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 $5,000 through Mar 1, 2026 and the established hosting accounts on main short term rentals platforms!!! 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 of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.

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Home facts

  • Year built:1943
  • Listing ID #:6953631
  • Updated:February 14, 2026 at 03:50 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric, Individual Cooling, Wall/Window Unit
  • Heating:Electric, Window Wall Heating Unit(s)

Structure and exterior

  • Year built:1943

Schools

  • High school:Carl Hayden High School
  • Middle school:Paul Dunbar Lawrence School
  • Elementary school:Paul Dunbar Lawrence School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$629,000
  • Tax amount:$983 (2025)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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