Turnkey Phoenix Short-Term
1515 W TONTO Street, Phoenix, AZ 85007
- Added:
- Feb 19, 2026
- Days on Market:
- 92
- Last Refresh:
- May 22 at 12:06 am
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
- Other (Heating), Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Electric, Wall Unit(s)
Building Details
- Building materials
- Stucco
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 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
- Turnkey, fully furnished 3‑unit short‑term rental property in Downtown Phoenix.
- Strong, documented cash flow with a two‑year average gross revenue of approximately $111,320 and NOI of roughly $57,996.
- High Airbnb rating (4.8+ stars) indicating guest satisfaction and occupancy appeal.
- Three independent units each with private kitchen, bath, and entrance.
- Prime location in a high‑demand area of Downtown Phoenix, close to key attractions.
- Fenced common courtyard with grill, fire pit, lounge seating, and hammock.
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
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.09198
- Latitude
- 33.438314
Nearby Similar for Sale
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: Turnkey, fully furnished 3‑unit short‑term rental property in Downtown Phoenix.; Strong, documented cash flow with a two‑year average gross revenue of approximately $111,320 and NOI of roughly $57,996.; High Airbnb rating (4.8+ stars) indicating guest satisfaction and occupancy appeal.
