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1515 W TONTO Street
Phoenix AZ 85007 US

$649,000

Active Listing ID 6944308
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4 bed
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3.00 Bath (3 Full)
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Lot: 0.15 Acres
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Single Family Residence

$649,000

Active Listing ID 6944308
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1515 W TONTO Street 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!

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Cooling System: Ductless, Zoned, Central Air
  • Exterior Finish: Private Yard, Screened in Patio(s)
  • Floor Covering: Tile
  • Roof Type: Composition
  • Heating Fuels: Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Paul Dunbar Lawrence School(Elementary)
  • Paul Dunbar Lawrence School(MiddleSchool)
  • Carl Hayden High School(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 649000
  • unparsedaddress: 1515 W TONTO Street
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85007
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.15
  • lotsizeunits: Acres
  • lotsizearea: 0.15
  • livingarea: 1485
  • livingareaunits: Square Feet
  • latitude: 33.438322
  • longitude: -112.091989
  • listagentfullname: Natalia Yalin
  • listagentemail: natalia.yalin@exprealty.com
  • listagentkey: 3yd-ARMLSAZ-ny020
  • listagentmlsid: ny020
  • listagentpreferredphone: 8587294377
  • listagentofficephone: 8587294377
  • listofficekey: 3yd-ARMLSAZ-xpre01
  • listofficemlsid: xpre01
  • disclaimer: 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.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1943
  • listingcontractdate: 2025-11-06
  • listagenturl: www.nataliayalin.exprealty.com
  • countyorparish: Maricopa
  • parcelnumber: 112-14-112
  • elementaryschool: Paul Dunbar Lawrence School
  • highschool: Carl Hayden High School
  • elementaryschooldistrict: Phoenix Elementary District
  • middleorjuniorschooldistrict: Phoenix Union High School District
  • highschooldistrict: Phoenix Union High School District
  • appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Built-In Gas Oven
  • cooling: Ductless, Zoned, Central Air
  • constructionmaterials: Stucco, Block
  • flooring: Tile
  • heating: Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: High Speed Internet, Granite Counters, Eat-in Kitchen, Furnished(See Rmrks), 2 Master Baths, Full Bth Master Bdrm
  • exteriorfeatures: Private Yard, Screened in Patio(s)
  • rooms: Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 2
  • otherstructures: Gazebo
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.09199, 33.43832
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"natalia.yalin@exprealty.com", "ListBrokerageCity":"Peoria", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/ARMLSAZ/88c970d16d7e11e881200242ac110005/20210113213637864.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(602) 525-3224", "ListBrokeragePostalCode":"85382", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":"#200", "ListBrokerageUnparsedAddress":"16165 N. 83rd Ave.", "ListBrokerageWebsiteUrl":"https://www.exprealty.com", "ListOfficeAddress1":"16165 N 83rd Ave Ste 200", "ListOfficeAddress2":"#200", "ListOfficeBrokerMlsId":"xpre01", "ListOfficeCity":"Peoria", "ListOfficeCountry":"USA", "ListOfficeEmail":"az.broker@exprealty.net", "ListOfficePostalCode":"85382", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Phoenix, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1515-W-Tonto-St_Phoenix_AZ_85007_M28203-90213?f=listhub&s=ARMLSAZ&m=6944308&c=rexren", "MLSModificationTimestamp":"2026-01-29 16:24:19", "Neighborhoods":[{"Description":null, "Name":"STEVE RAYBURN SUBDIVISION"}], "PostalCode":null, "RoomCount":3, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":983, "TaxDescription":"STEVE RAYBURN SUB", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/1/2026 10:51:48 AM GMT
Source Updated Date: 2/4/2026 6:48:34 PM GMT

Courtesy of: Natalia Yalin, eXp Realty, natalia.yalin@exprealty.com

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.