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Three-Unit Property With Renovation Needs
For Sale
$195,000

2117 West Tonto Street, Phoenix, AZ 85009

Three separate dwellings share utility service and a common meter, with two units occupied on month-to-month leases.

Property SizeContact for details
Days on Market186

Property Features for 2117 West Tonto Street

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning M-M
Net Operating Income $14,033

Property Condition

Severity Repairs Needed
Evidence in need of renovation

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $438

Amenities

Window/Wall Unit
Hot Water, None
Tile, Vinyl, Wood
Yes
0.0
Composition, Foam
No Pool
3
Lap Siding, Wood Frame, Painted

Building Details

Year Built 1946
Buildings 3
Listing Agency: Crane Real Estate
Listed By: Yadira Solorio Crane · License #BR651251000
Source: Compass
Added: Feb 26 Changed: Aug 30 Last Checked: Aug 30 at 9:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crane Real Estate

Investment Insights

Based on property information with market context.

This three-unit property includes separate dwellings with a 2-bedroom, 1-bath residence, a 1-bedroom, 1-bath residence, and another 1-bedroom, 1-bath structure requiring renovation. The property is being offered in its current condition, and the dwellings use shared utilities and a shared meter. Two units are occupied under month-to-month lease arrangements.

Built in 1946, the property is located at 2117 West Tonto Street in Phoenix, Arizona. Zoning is identified as M-M. The improvements include tile, vinyl, and wood flooring, along with window or wall unit cooling. Access is limited to drive-by viewing, and visitors should not disturb the occupants.

Key Highlights

  • Three separate dwellings on one property
  • 2‑bedroom, 1‑bath unit occupied on a month‑to‑month lease
  • 1‑bedroom, 1‑bath unit occupied on a month‑to‑month lease

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Bakery Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 85009, AZ

50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate dwellings share utility service and a common meter, with two units occupied on month-to-month leases.
Where is this triplex located?
The property is located at 2117 West Tonto Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Three separate dwellings on one property; 2‑bedroom, 1‑bath unit occupied on a month‑to‑month lease; 1‑bedroom, 1‑bath unit occupied on a month‑to‑month lease
More about this property
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