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3-Unit Triplex with Separate Rear Dwelling
New
For Sale
$530,000

1507 W TONTO Street, Phoenix, AZ 85007

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market5

Property Features for 1507 W TONTO Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multifamily
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1
Parking features Off Street, Assigned
Appliances Free-Standing Range, Refrigerator, Washer/Dryer
Subdivision STEVE RAYBURN SUBDIVISION
Elementary school district Phoenix Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Standard status Active
APN 112-14-108

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 3 3 STEVE RAYBURN SUBDIVISION MCR 002837
Tax Annual Amount 839
Legal Description LOT 3 3 STEVE RAYBURN SUBDIVISION MCR 002837

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Forced Air
Cooling system Central Air, Heat Pump, Ceiling Fan(s)

Amenities

private outdoor space

Building Details

Year built 1960
Number of units 3
Flooring type Tile
Building materials Painted, Brick
Roof type Composition
Buildings 2
Listing Agency: Fathom Realty
Listed By: Ari Verma · License #SA712306000
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 30 at 1:06PM
MLS# 7098734

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1960, this multifamily property comprises three leased residences: two in the front building and a separate dwelling behind it. Each unit has its own entrance and is separately metered. The property is zoned Multifamily and features brick construction, tile flooring, and a composition roof. Heating and cooling are provided by heat pump systems, with additional forced-air heating, central air, and ceiling fans listed. Appliances include ranges, refrigerators, and washer/dryer units.

The property is in Phoenix’s Central City area, with access to downtown Phoenix. Parking is assigned and off street, and the site is served by public sewer.

Key Highlights

  • Three leased units: two in the front building and one standalone dwelling in back
  • Separate entrances and meters for each residence
  • Built in 1960; Multifamily zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

862
Businesses Nearby

Demographics for 85007, AZ

14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All three residences are leased and have individual entrances and separate meters.
Where is this triplex located?
The property is located at 1507 W TONTO Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Three leased units: two in the front building and one standalone dwelling in back; Separate entrances and meters for each residence; Built in 1960; Multifamily zoning
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