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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 17h 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.

$3,526/mo

Est. mortgage payment based on a $530,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mark Palacio shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 3:37 AM UTC, 10/28/2026.

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