- CENTURY 21 Real Estate
- Arizona
- Phoenix
- 1515 W Tonto Street
1515 W Tonto Street, Phoenix, AZ 85007
Local realty services provided by:CENTURY 21 Northwest Realty
1515 W Tonto Street,Phoenix, AZ 85007
$649,000
- 4 Beds
- 3 Baths
- 1,485 sq. ft.
- Single family
- Active
Listed by: natalia yalin
Office: exp realty
MLS#:6944308
Source:ARMLS
Price summary
- Price:$649,000
- Price per sq. ft.:$437.04
About this home
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 $5,500 through Mar 1, 2026.
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 near Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, and the airport.
R-3 Multifamily Zoning allows flexibility for future expansion or redevelopment. Expect immediate income with no additional work required!
Contact an agent
Home facts
- Year built:1943
- Listing ID #:6944308
- Updated:January 29, 2026 at 06:42 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,485 sq. ft.
Heating and cooling
- Cooling:Mini Split
- Heating:Electric
Structure and exterior
- Year built:1943
- Building area:1,485 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:Carl Hayden High School
- Middle school:Paul Dunbar Lawrence School
- Elementary school:Paul Dunbar Lawrence School
Utilities
- Water:City Water
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$437.04
- Tax amount:$983 (2025)
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