1507 W TONTO Street, Phoenix, AZ 85007, Phoenix AZ 85007
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
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 25th percentile of that active group. The comparison uses 735 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 25 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $309,500, and the median is $228 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1228 S 15TH Avenue, Phoenix, AZ 85007 | Oct 8, 2026 | 3 bd · 1,291 sqft | $350,000 | 0.2 mi |
| 1238 S 16th Avenue, Phoenix, AZ 85007 | Aug 18, 2026 | 3 bd · 1,400 sqft | $260,000 | 0.2 mi |
| 1722 W YUMA Street, Phoenix, AZ 85007 | Jun 12, 2026 | 4 bd · 2,060 sqft | $299,000 | 0.4 mi |
| 1538 W SONORA Street, Phoenix, AZ 85007 | Jul 21, 2026 | 3 bd · 1,530 sqft | $350,000 | 0.4 mi |
| 1644 W SONORA Street, Phoenix, AZ 85007 | May 5, 2026 | 3 bd · 1,376 sqft | $314,000 | 0.4 mi |
| 1648 S 15TH Avenue, Phoenix, AZ 85007 | Sep 7, 2026 | 3 bd · 900 sqft | $305,000 | 0.5 mi |
| 1547 W COCOPAH Street, Phoenix, AZ 85007 | Jun 16, 2026 | 4 bd · 1,504 sqft | $365,000 | 0.5 mi |
| 1638 W MOHAVE Street, Phoenix, AZ 85007 | Oct 2, 2026 | 2 bd · 864 sqft | $136,500 | 0.5 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $530,000 · Active
- $530,000 · Active
- $530,000 · Active
Continue comparing
Similar active homes in Phoenix
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Phoenix homes for sale · See the Phoenix market report