Steve Rayburn Subdivision Real Estate

Steve Rayburn Subdivision Real Estate

Welcome to the Steve Rayburn Subdivision, a hidden gem nestled in the vibrant heart of Phoenix, Arizona. This charming community offers an ideal blend of suburban tranquility and urban convenience, making it a perfect place for families, young professionals, and retirees alike.

Situated in Maricopa County, the Steve Rayburn Subdivision boasts a variety of well-designed homes that cater to diverse lifestyles. With meticulously maintained properties, tree-lined streets, and a welcoming atmosphere, residents enjoy a sense of pride in their community. The subdivision is known for its spacious layouts and modern amenities, making it not just a place to live, but a place to thrive.

One of the standout features of the Steve Rayburn Subdivision is its proximity to a wealth of recreational opportunities. Families can take advantage of nearby parks, playgrounds, and walking trails, ensuring that there’s always something to do outdoors. For those who appreciate the arts and culture, downtown Phoenix is just a short drive away, offering a vibrant mix of galleries, theaters, and dining options.

Education is a priority in this community, with several highly-rated schools within easy reach, making it an attractive option for families. Additionally, the subdivision's strategic location provides quick access to major highways, simplifying commutes to work or weekend getaways.

In the Steve Rayburn Subdivision, you’ll find not just a home, but a lifestyle. Embrace the warmth of community living in one of Phoenix’s most desirable neighborhoods, where every day feels like a new adventure waiting to unfold. Come explore the possibilities and discover your perfect home in this delightful subdivision!

Newest Listings in Steve Rayburn Subdivision

1507 W Tonto Street, Phoenix
$530,000
5 Beds ⋅ 3 Baths ⋅ 7098734 MLS
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 spaces, 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. TWO of the leases expire 7/31/2027; 11/30/2027 and THIRD is Month-to-Month. Hurry! This won't last. DRIVE-BY ONLY--do not disturb tenants. Walkthroughs by accepted offer only. Buyer to verify all information.

1507 W Tonto Street, Phoenix
1515 W Tonto Street, Phoenix
$619,000
7087258 MLS
Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets. The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio--each with its own kitchen, full bath, and separate entrance - providing three independent income streams under one roof. A separate laundry room and storage shed support efficient operations for guests and cleaning staff, while the fenced common courtyard with grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal.

1515 W Tonto Street, Phoenix
830 S 15th Avenue, Phoenix
$710,000
5 Beds ⋅ 3 Baths ⋅ 7064669 MLS
Exceptional investment opportunity in the heart of Phoenix! This unique portfolio includes three separate single-family homes being offered together at one price: 830 S 15th Ave (2 bed/1 bath), leased through 10/31/2026 at $1,838.55 per month; 820 S 15th Ave (1 bed/1 bath), leased through 8/31/2027 at $1,553.07 per month; and 1501 W Hadley St (2 bed/1 bath), leased through 11/30/2026 at $1,636.00 per month. Generating approximately $5,027.62 in monthly gross rental income, this portfolio provides immediate cash flow, built-in stability, and long-term investment potential. Whether you're looking to expand your rental portfolio, or take advantage of a unique house-hacking opportunity - live in one home while collecting income from the other two, this property offers exceptional flexibility and a rare opportunity to own multiple income-producing homes in a rapidly growing area. All three homes have separate electric and gas meters, simplifying utility management. All major remodeling was completed in 2021, with updated finishes throughout, making this a true turnkey investment. Each home features a private fenced yard for added privacy and outdoor enjoyment and includes essential appliances such as a stove, refrigerator, and washer/dryer to support tenant satisfaction and minimize ownership expenses. Perfectly positioned for flexible ownership, multigenerational living, or long-term portfolio growth, these properties are conveniently located near Downtown Phoenix, major freeways, public transportation, employment centers, shopping, dining, and entertainment, benefiting from strong rental demand and excellent accessibility. DRIVE-BY ONLY -- please do not disturb tenants. Walkthroughs available with accepted offers only. Act quickly--opportunities like this do not come around often. Buyer to verify all facts and figures.

830 S 15th Avenue, Phoenix
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