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Rob & Pam Schabatka

Broker/Owner

(928) 282-4166 (o)

(928) 821-3508 (c)

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$530,000
8 Days On Site

1507 W TONTO Street
Phoenix, AZ 85007

For Sale|Multi Family|Active
5
Beds
3
Total Baths
1960
Built
Subdivision:
STEVE RAYBURN SUBDIVISION
County:
Maricopa

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (928) 282-4166 x 253
Is this the listing for you? We can help make it yours.
(928) 282-4166 x 253
1507 W TONTO Street1507 W TONTO Street1507 W TONTO Street1507 W TONTO Street
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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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Listing Snapshot
Price 
$530,000
Days On Site 
8 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1960
MLS Number 
7098734
Status 
Active
Property Tax 
$839
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoListing first seen on site
General Features
Disclosures 
None
Parking 
AssignedOff Street
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Multifamily
Interior Features
Appliances 
Free-Standing RangeRefrigeratorWasher/Dryer
Cooling 
Central AirHeat PumpCeiling Fan(s)
Heating 
Heat PumpForced Air
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Exterior Features
Construction Details 
Brick
Roof 
Composition
Community Features
School District 
Phoenix Union High School District
Township 
1N
Financing Terms Available 
FHAConventional1031 ExchangeCash
Roads 
Asphalt
Schools
School District
Phoenix Union High School District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Fathom Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-11-04 06:39 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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