




Courtesy of Fathom Realty, Ari Verma Listing Contact: 520-979-4301
5 Beds
3 Baths
$530,000
1507 W TONTO Street, Phoenix AZ, 85007
Built in1960
Property typeMulti-family
Overview
Active
Listed Oct 26, 2026
Updated 6 days ago
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.
Additional information
- MLS® ID
- 7098734
Interior Features
- Bedrooms
- 5
- Bathrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $839
- Tax Frequency
- Annually
- Municipality
- 1N
Courtesy of Fathom Realty, Ari Verma
Listing Contact: 520-979-4301
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Data Last Updated: 3:37 AM UTC, 10/28/2026.