1515 W TONTO Street Phoenix, AZ 85007
MULTI_FAMILY - Phoenix, AZ
- Added:
- Dec 3, 2025
- Days on Market:
- 154
- Last Refresh:
- May 6 at 6:06 am
Property Features for 1515 W TONTO Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Parking features
- Carport
- Appliances
- Dishwasher, Refrigerator, Free-Standing Gas Oven, Built-In Gas Oven, Microwave, Washer/Dryer
- Standard status
- Active
- APN
- 112-14-112
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- STEVE RAYBURN SUB
- Tax Annual Amount
- 983
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Electric (Heating)
- Cooling system
- Wall Unit(s), Ceiling Fan(s), Electric, Wall/Window Unit(s)
Building Details
- Year built
- 1943
- Number of units
- 3
- Flooring type
- Tile
- Building materials
- Stucco, Block
- Roof type
- Composition
Listing agent Natalia Yalin License #SA695323000 (858) 729-4377
Listing office My Home Group Real Estate 2425 S Stearman Dr Suite 211, Scottsdale, AZ (602) 399-2748
Listing date Dec 3, 2025
MLS# 6953631
Listing URL
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.
Overview
Turnkey Phoenix Triplex Investment Property
This fully renovated and furnished triplex is located in Downtown Phoenix. The property operates as a short-term rental with a documented cash flow and an Airbnb rating of 4.8+ stars. Gross revenue was $119,442 in 2024 and $103,198 in 2025, with a two-year average of approximately $111,320. Operating income was $62,272 in 2024 and $53,719 in 2025, resulting in a two-year average NOI of roughly $57,996, reflecting operating margins of about 52%. The property is located in a high-demand area of Downtown Phoenix, minutes from Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, and Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio, each with its own kitchen, full bath, and separate entrance, providing three independent income streams. A separate laundry room and storage shed support operations for guests and cleaning staff. A fenced common courtyard with a grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal. The property is ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.091989
- Latitude
- 33.438322
Nearby Similar for Sale
FAQs
What type of property is this?
Short term rental property - Fully renovated, furnished triplex in Downtown Phoenix with strong rental income.
Where is this short term rental property located?
The property is located at 1515 W TONTO Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Strong, documented cash flow with a two‑year average revenue of approximately $111,320 and NOI of roughly $57,996.; Turnkey, fully furnished 3‑unit short‑term rental property in Downtown Phoenix.; High Airbnb rating (4.8+ stars) indicating guest satisfaction and rental potential.
