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    Turnkey Phoenix Short-Term Rental Title is generated by Realmo AI

    1515 W TONTO Street, Phoenix, AZ 85007

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    For Sale
    $619,900

    COMMERCIAL - Phoenix, AZ

    Property size:
    1,485 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $417/SF
    Added:
    Feb 19, 2026
    Days on Market:
    137
    Last Refresh:
    Jul 6 at 2:06 pm

    Property Features for 1515 W TONTO Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    112-14-112
    Size
    1,485 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Description
    STEVE RAYBURN SUB

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Other (Heating)
    Cooling system
    Wall Unit(s), Electric, Wall/Window Unit(s)

    Building Details

    Building materials
    Stucco

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    Contact an agent
    Natalia Yalin
    Natalia Yalin

    Listing agent Natalia Yalin License #SA695323000

    Listing office My Home Group Real Estate 2425 S Stearman Dr Suite 211, Scottsdale, AZ

    Listing date Feb 19, 2026

    MLS# 6987208

    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.

    HighLights

    • Fully renovated, fully furnished 3‑unit short‑term rental with three separate entrances on one roof.
    • Unit mix: one 2 bed/1 bath, one 1 bed/1 bath, and a private studio; each unit has its own kitchen and full bath.
    • Downtown Phoenix income property near Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, and Van Buren.
    • 2024 gross revenue: $119,442; 2025 gross revenue: $103,198; two‑year average revenue: approx. $111,320.
    • 2024 operating income: $62,272; 2025 operating income: $53,719; two‑year average NOI: roughly $57,996.
    • Additional guest amenities include fenced common courtyard with grill, fire pit, lounge seating, and hammock, plus separate laundry room and storage shed.

    Overview

    This fully renovated and furnished 3-unit property is located in Downtown Phoenix. It operates as a short-term rental with a documented cash flow and a 4.8+ star Airbnb rating. The property generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320. Operating income was $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996, reflecting operating margins of about 52%. The property is suitable for investors seeking immediate cash flow, experienced short-term rental operators, or buyers looking for an income property in a growing urban market. 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, situated on a 0.1475-acre lot, 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. The 1485 square foot property provides three independent income streams. A separate laundry room and storage shed support operations, while a fenced common courtyard with a grill, fire pit, lounge seating, and hammock enhances guest experience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Nursing Home Discount Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Wine and Liquor Store Veterinary Clinic Restaurant Pet Grooming Service Arcade & Gaming Center Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.09198
    Latitude
    33.438314

    FAQs

    What type of property is this?
    Short term rental property - Fully renovated, furnished 3-unit property 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 $619,900.
    What are key features of this property?
    This property features: Fully renovated, fully furnished 3‑unit short‑term rental with three separate entrances on one roof.; Unit mix: one 2 bed/1 bath, one 1 bed/1 bath, and a private studio; each unit has its own kitchen and full bath.; Downtown Phoenix income property near Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, and Van Buren.
    More about this property
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