STEVE RAYBURN SUBDIVISION
Property • Residential
Web ID # 6944308
$675,000.00
4 Beds • 3 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
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!
North on 15th Ave from Buckeye Rd, West on Tonto to home on the south.
Dwelling Type: Residential
Subdivision: STEVE RAYBURN SUBDIVISION
Year Built: 1943, County: N/A
North on 15th Ave from Buckeye Rd, West on Tonto to home on the south.
Listing is courtesy of eXp Realty
