1625 W TONTO Street, Phoenix, AZ 85007
$499,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$499,000
Last Modified:
3/02/2026
Description
Duplex with two three bedroom two bath units. Both are rented with stable tenants. Both units were completely updated in 2020. Covered and open parking for both units.
Great location close to downtown.
Tenant Leases through Dec 2022 and Jan 2023.
More Information MLS# 6486514
Contract Info
Ownership: Fee Simple
Current Price: $499,000
Sold Price: $499,000
Status: Closed
List Date: 2022-11-07
Location, Tax & Legal
Assessor's Map #: 14
Legal Description (Abbrev): LOT 13 BLOCK 3 EAST GRIER PLACE MCR 002427
Assessor's Parcel #: 29
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 114302
Taxes: 1223
Legal: LOT 13 BLOCK 3 EAST GRIER PLACE MCR 002427
Marketing Name: Central City South
Map Code/Grid: Q34
House Number: 1625
Compass: W
Street Name: TONTO
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3596
County Code: Maricopa
Subdivision: EAST GRIER PLACE
Assessor Number: 112-14-029
Tax Year: 2022
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 6421
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Mary Mcleod Bethune School
Jr. High School: Paul Dunbar Lawrence School
Year Built: 2006
Zoning: RES
Legal Info
Range: 3E
Section: 7
Township: 1N
Block: 3
Lot Number: 13
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 75
Annual Gas Exp: 0
Annual Ins Exp: 612
Annual Land Lse Exp: 0
Annual Landscape Exp: 1457.5
Annual Legal & Acctg: 0
Annual Maint Exp: 1546
Annual Mgmt Exp: 3336
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 1200
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 9449.5
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 37131.6
Total Monthly Rental Income: 3190
Pmt & Rate Info
Cap Rate: 5.24
Down Payment: 0
Equity: 550000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Cooling
Electric: 1
Heat Pump: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Disposal: 1
Refrigerator: 1
Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Paved: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1595
Avg SqFt: 1090
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: 15th Ave & Buckeye Rd
Directions: North on 15th Ave to West (Left) on Tonto St. Property is on South (left) side of street.
Geo Lat: 33.438305
Geo Lon: -112.094635
Status Change Info
Off Market Date: 2022-12-22
Under Contract Date: 2022-12-21
Close of Escrow Date: 2023-01-27
Sold Price: $499,000
Income Expenses
Gross Annual Sch Inc: 38280
Net Operating Income: 28839.5
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; Disposal
Heating: Heat Pump
Cooling: Electric; Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Environmental: None
Listing Office:
Realty ONE Group
Last Updated: March - 02 - 2026
Broker Attribution:
602-828-0684
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