Fully RENOVATED 3-UNIT Turnkey Short-Term Rental in Central Phoenix!
Cap rate 10%+, average occupancy 75%, and strong Airbnb rating of 4.8+ stars! Comes with confirmed future bookings totaling over $5,500 through Jan 1, 2026.
Property consists of one 2-bed/1-bath unit, one 1 bed/1 bath unit and private studio — each with its own kitchen, full bath, and separate entrance. The separate laundry room & shed serves gusts and maids. A fenced common courtyard offers a grill, fire pit, and lounge area with hammock — perfect for guest enjoyment. Separate maintenance/storage shed for cleaning crew and supplies. Every unit comes with furniture and decor. The property located in a high-demand area near Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, and the airport.
R-3 Multifamily Zoning allows flexibility for future expansion or redevelopment. Expect immediate income with no additional work required!
Property Features
House Interior
High Speed Internet
Granite Counters
Eat-in Kitchen
Cooling Information
Central Air
Heating Information
Electric
Water Features
Public
Utilities
Cable Available
School Information
School Information for 1515 W TONTO Street, Phoenix, AZ 85007