1507 W TONTO Street Phoenix, AZ $ 530,000
1507 W TONTO Street
$ 530,000
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1507 W TONTO Street

Phoenix, AZ, 85007
$ 530,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 3,661

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Multi-Family Home for sale in Phoenix, AZ

for $530,000 with 5 bedrooms. This home was built in 1960.

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.

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Multi-Family Active

Price

$ 530,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 839

Style

Multiple Dwellings

Year Built

1960

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7098734

Features
General
Sewer Public Sewer
Heating Forced Air Heat Pump
Cooling Central Air Ceiling Fan(s) Heat Pump
Roof Composition
Zoning Multifamily
Construction Materials Painted Brick
Year Built 1960
Electric APS
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 0.0
Community Features No Pool
County Maricopa
Net Operating Income 0.0
Operating Expense 839.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name STEVE RAYBURN SUBDIVISION
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 3
Carport Y/N N
Tax Annual Amount 839.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Phoenix Elementary District
Tax Lot 3 3
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 5
Total Baths 3
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Exterior
Parking Features Off Street Free Assigned Add'l Parking Avail
Water Source City Franchise
Total Parking 4.0
Number of Buildings 2
Spa N
Lot Dimensions 6 426 sq ft
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1507
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* Excluded Features
List By
Fathom Realty

Broker

arirealtygroup@gmail.com

Email

Affordability Calculator

$3,730
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,661
Monthly Property Taxes
$70
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$530,000 Listed Price

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1507 W TONTO Street, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $530,000. 1507 W TONTO Street has 5 bedrooms, 0.0 baths, and was built in 1960. The property's zip code is 85007 which is in Phoenix, AZ