1515 W TONTO Street

Phoenix, AZ 85007
$619,000
Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of… Read MoreRead Less
Courtesy of My Home Group Real Estate 602-399-2748
Listing Snapshot
Days Online
0
Last Updated
Year Built
1943
MLS Number
7087258
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Property Location Map
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Dishwasher, Refrigerator, Free-Standing Gas Oven, Built-In Gas Oven, Microwave, Washer/Dryer
Building
Built in 1943, 2 buildings, Construction Materials: Stucco, Block
Community
No Pool
Cooling
Ceiling Fan(s), Window/Wall Unit, Electric, Varies by Unit
Disclosures
None
Expenses
Electric: $4,692, Insurance: $1,600, Maintenance: $12,755, Operating: $57,217.9, Trash: $300, Water/Sewer: $600, Other Expense: $8,328
Floors
Tile
Heating
Window/Wall Unit(s), Electric
Income
Gross Income: $119,442, Gross ScheduledIncome: $119,442, Net Operating Income: $62,272
Lot
Dimensions: 50x128
Owner Pays
Gas, Electricity, Trash Collection, Water, Sewer, Cable TV
Parking
1 covered spaces, 1 open parking spaces, 2 total parking spaces, Carport
Roof
Composition
Security Features
Fire Sprinklers
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 112-14-112, Public Survey Range: 3E, Public Survey Section: 7, Annual Amount: $1,030.92, Tax Book Number: 112.00, Legal Description: STEVE RAYBURN SUB, Lot: 7, Year: 2026, Zoning: R-3
Utilities
Water Source: City Franchise, APS
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Jennifer Daniels
Team Leader | Realtor
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