$629,000

1515 W TONTO Street, Phoenix, AZ 85007

Multi-Family Home
Built in 1943
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Fully RENOVATED 3-UNIT Turnkey Short-Term Rental in Central Phoenix! Cap rate 10%+, average occupancy 75%, and strong Airbnb rating of 4.8+ stars! Comes with confirmed future bookings totaling over $5,000 through Mar 1, 2026 and the established hosting accounts on main short term rentals platforms!!! Property consists of one 2-bed/1-bath unit, one 1 bed/1 bath unit and private studio — each with its own kitchen, full bath, and separate entrance. The separate laundry room & shed serves gusts and maids. A fenced common courtyard offers a grill, fire pit, and lounge area with hammock — perfect for guest enjoyment. Separate maintenance/storage shed for cleaning crew and supplies. Every unit comes with furniture and decor! The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.

Listing Status:: Active
Date Added:: December 4, 2025
Data Last Updated:: February 11, 2026 at 10:08PM
Listing Office:: eXp Realty : 888-897-7821
Listing Agent:: Natalia Yalin : 858-729-4377
MLS ID:: 6953631

Flooring: Tile
A/C: Ceiling Fan(s)Window/Wall UnitElectricIndividual
Heating: Window/Wall Unit(s)Electric

Parking: CarportParking spaces: 2

Roofing: Composition
General: StuccoBlock

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Phoenix Elementary District
County: Maricopa

Zoning: R-311214112

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Natalia Yalin , eXp Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bethune School

1310 S 15th Ave, Phoenix, AZ, 85007

Grades PK-8

0.25 miles away

Bethune School

1310 S 15th Ave, Phoenix, AZ, 85007

Grades PK-8

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.