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- Description
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Street View
$530,000
Monthly Est:$2,638
5 Beds
- 3 Baths
--sqft
1507 W Tonto St, Phoenix, AZ 85007
$530,000
$2,638/moEst:
Get Pre-Approved
Townhouse
Built in 1960
$-- HOA
-- sqft lot
--/sqft
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.
- Houzeo last checked: 6 hours ago
- Listing updated: October 27, 2026 at 2:16 am
- Listing Provided by: Ari Verma (520) 979-4301 | Fathom Realty (877) 661-1977
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7098734

Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7098734
MLS Status
Active
Days on Market
2

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Cooling
Central Air, Heat Pump, Ceiling Fan(s)
Appliances
Free Standing Range, Refrigerator, Washer/dryer
Heating
Heat Pump, Forced Air
Sewer
Public Sewer
Construction
Year Built
Year Built: 1960
Home type
Townhouse
Roof
Composition
Construction Materials
Brick, Painted
Utilities & Energy
Electric
Aps
Parking Features
Free, Assigned, Off Street
Water Source
City Franchise
Other Features
Disclosures
None
Subdivision Name
Steve Rayburn Subdivision
Community Features
No Pool
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection, Landscaping
Price History
| Date | Event | Price |
|---|---|---|
10/26/2026 Source: | Listed for Sale | $530,000 $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Oct 29, 2026, 02:15PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services









