1507 W Tonto Street, Phoenix, AZ 85007
- $530,000
- 5
- BD
- 3
- BA
- List Price
- $530,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 7098734
- City
- Phoenix
- Bedrooms
- 5
- Bathrooms
- 3
- Year Built
- 1960
Property Description
This Central City triplex delivers IMMEDIATE INCOME with $4000+ in gross monthly rent already locked in. Three SEPARATELY METERED units--two in the front building, one standalone in back, all currently leased. This property checks all the boxes: immediate income, low management overhead, and clear upside. Central City location means solid tenant demand and easy access to downtown Phoenix. True hands-off operation with SEPARATE ENTRANCES for each unit, private outdoor space, requiring minimal active management and maintaining strong tenant satisfaction. Whether you're a first-time house hacker seeking to reduce your housing costs or an experienced investor building a multifamily portfolio, this three-unit property offers flexibility, immediate income, and growth potential in a stable rental market. Hurry! This won't last. DRIVE-BY ONLY--do not disturb tenants. Walkthroughs by accepted offer only. Buyer to verify all information.
/u.realgeeks.media/getmultifamily/header.png)
Additional Information
- Taxes
- $839
- Units
- 3
- Parking Features
- Free, Assigned, Off Street
- Construction
- Brick, Painted
- Roofing
- Composition
- Cooling
- Central Air, Heat Pump, Ceiling Fan(s)
- Heating
- Heat Pump, Forced Air
- Zoning
- Multifamily
- Subdivision
- Steve Rayburn Subdivision
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Water, Sewer, Electricity, Gas, Trash Collection, Landscaping
- New Financing
- FHA, Conventional, 1031 Exchange, No Carry, Cash
Courtesy of Fathom Realty. 877-661-1977
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.