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    1815 W Tonto St Phoenix, AZ 85007

    For Sale
    $529,000

    MULTI_FAMILY - Phoenix, AZ

    Days on Market:
    62
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 1815 W Tonto St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    r-3
    APN
    112-13-003
    Appliances
    Refrigerator

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1938
    Number of units
    3
    Flooring type
    Tile - Ceramic
    Building materials
    Steel Frame, Wood Frame, Painted, Stucco
    Roof type
    Composition

    Real Living SJ Fowler Real Estate (480) 649-3536 [email protected]

    Listing agent Michelle Hoogendoorn (480) 861-8614

    Listing date Oct 6, 2025

    MLS# 6863712 Listing URL

    Copyright © 2025 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.

    Overview

    Updated Triplex in Phoenix, AZ

    This triplex property features three units, consisting of a three-bedroom, one-bath unit; a one-bedroom, one-bath unit; and a studio apartment with one bath. The property has been updated, including plumbing, electrical systems, and the roof, all within the last four years. The property is currently occupied by tenants who have expressed interest in remaining. The current rents are $1350 per month for the three-bedroom unit, $1000 per month for the one-bedroom unit, and $800 per month for the studio apartment. The current rents are below market value due to the long-term tenancy, presenting an opportunity to increase rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.098809
    Latitude
    33.438291

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    FAQs

    What type of property is this?
    Triplex - Updated triplex with long-term tenants, potential for increased rents.
    Where is this triplex located?
    The property is located at 1815 W Tonto St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $529,000.
    What are key features of this property?
    This property features: - Updated plumbing, electrical, and roof within the last 4 years.; - Three units: **3-bed, 1-bed, and studio apartment.**; - Excellent tenants in place who would like to stay.
    (480) 861-8614
    Request Owner's contact information
    1815 W Tonto St Phoenix, AZ 85007
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    Phoenix, AZ 85007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1815 W Tonto St Phoenix, AZ 85007
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