1515 W TONTO Street Phoenix, AZ $ 649,000
1515 W TONTO Street
$ 649,000
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1515 W TONTO Street

Phoenix, AZ, 85007
$ 649,000
Bedrooms4 Baths3.0 Sq 1,485

Monthly Estimate*

$ 3,996

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Single Family Home for sale in Phoenix, AZ

for $649,000 with 4 bedrooms and 3 full baths. This 1,485 square foot home was built in 1943 on a lot size of 0.15.

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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Single Family Active

Price

$ 649,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 983

Style

Residential

Lot Size

0.15

Year Built

1943

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6944308

Features
Interior
Interior Amenities High Speed Internet Granite Counters Eat-in Kitchen Furnished(See Rmrks) 2 Master Baths Full Bth Master Bdrm
Flooring Tile
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Dual Pane
Fireplace Y/N N
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Built-in Microwave True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air Mini Split
Possession Close Of Escrow
Roof Composition
Garage Spaces 0.0
Association Fee Includes No Fees
Construction Materials Stucco Block
Year Built 1943
Township 1N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Maricopa
New Construction N
Property Type Residential
HOA N
Subdivision Name STEVE RAYBURN SUBDIVISION
Other Structures Separate Guest House Gazebo
Total Rooms 3
Special Listing Conditions Owner/Agent
Status Active
Directions North on 15th Ave from Buckeye Rd West on Tonto to home on the south.
High School Carl Hayden High School
City Phoenix
Disclosures Seller Discl Avail
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 6426.0
Carport Spaces 1.0
Carport Y/N N
Spa Features None
Elementary School Paul Dunbar Lawrence School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 983.24
Home Warranty Y/N N
Current Financing Conventional Non Assumable
Middle/Junior High School Paul Dunbar Lawrence School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name unknown
Standard Status Active
Occupancy Type Tenant
Elementary School District Phoenix Elementary District
Tax Lot 7
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Private Yard Screened in Patio(s)
Fencing Back Yard Block
Lot Features Gravel/Stone Front Gravel/Stone Back Synthetic Grass Back
Water Source City Water
Lot Size Area 6426.0
Spa N
Lot Size Acres 0.15
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1515
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* Excluded Features
List By
Exp Realty

Broker

Natalia.yalin@exprealty.com

Email

Affordability Calculator

$4,078
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,996
Monthly Property Taxes
$82
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328265 Elementary School
4342448 Middle School
Carl Hayden High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2026$649,000 -3.85% Price Down
11/8/2025$675,000 Listed Price

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1515 W TONTO Street, Phoenix, AZ, 85007 is a Single Family Home for sale at $649,000 with 1,485 sqft and a lot size of 0.15. 1515 W TONTO Street has 4 bedrooms, 3.0 baths, and was built in 1943. The property's zip code is 85007 which is in Phoenix, AZ