Scottsdale AZ Multi-Family Real Estate, Homes for Sale

This is not the ''value-add'' property you're looking for- that job has already been done on this property! Instead, this is a fantastic ''buy-it and leave it'' opportunity for busy professionals who need to decrease their tax liability while increasing their real estate portfolio. Scottsdale has consistently been one of the favorite ''buys'' for multi-family investors because of the draw the area has for young professionals, vacationers, celebrities and business development. This property currently has a consistent income stream with very low operating costs, all due to the master tenants' leases that are in place. Currently operating through an arbitrage as a Short-Term Vacation Rental, this property is essentially maintenance free w/ the tenant paying all utilities. Lease ending soon!

7832 E Heatherbrae Avenue, Scottsdale

$950,000

6583939 MLS

Excellent fully occupied Multifamily 4-Plex opportunity in the most desirable rental market in Scottsdale! Unit mix consists of #1: 1 bed 1 bath unit (which can easily be converted into a 2 bed 1 bath), and #3: 2 bed 1 bath. All units have a private patio, unit B has 2 private patios. Community Laundry generates $250 monthly on average is also included in this income producing property.

3108 N 68th Street, Scottsdale

$1,020,000

6582309 MLS

An amazing opportunity to own an investment property in Scottsdale. The Holiday Park area is very attractive to long & short-term renters seeking adjacency to Old Town Scottsdale, Fashion Square and award winning restaurants. This 4-plex consists of three 2-bedroom 1 bath units and one 1-bedroom 1 bath. Each unit has access to fenced patio areas and have a dedicated private parking spot. All units are fully occupied and cash-flowing, and all leases are below market value. On-site laundry room generates additional income of ~ $1,800/annually. Tremendous investment opportunity.

6644 E Earll Drive E Unit #1-4, Scottsdale

$1,260,000

6574548 MLS

Beautifully remodeled 4-plex in highly sought after area of Old Town Scottsdale. New paint, cabinets, appliances, floors, fixtures, and more. Corner lot, unique layout, main unit is separate from the other three, does not share a wall. Minutes from Scottsdale Fashion Square, world class dining and entertainment. A mile from Scottsdale Stadium where S.F. Giants spring train. Pool and equipment are there, covered up, not in use now. Newly landscaped. New A/C units. Amazing opportunity to own an investment in Scottsdale.

6620 E Earll Drive, Scottsdale

$950,000

6561008 MLS

Remarkable investment opportunity in Scottsdale's most sought-after multifamily community! This versatile fourplex property features 2 bed 1 bath(2 Units), 1 bed, 1 office/den, 1 bath(1 Unit), and 1 bed 1 bath(1 Unit). This income producing property can be utilized as LTR or STR. Located a few blocks away from Old Town Scottsdale, Scottsdale Fashion Square, Scottsdale Stadium home of the SF Giants Spring Training, and HonorHealth Scottsdale Osborn Medical Center (Travel Nurses). Tenants & guests can also enjoy the neighborhood outdoor activities of Paiute Park. The potential for steady rental income, this opportunity is a savvy investor's dream.

3126 N 68th Street, Scottsdale

$1,795,000

6550578 MLS

Four on 66th Street a fully remolded 4 plex in the heart of Scottsdale. Two one bedroom 2 bedroom 2 bath units, one 1 bedroom with den and 1 one bedroom 1 bath. All units share a large court yard perfect for an Airbnb rental or vacation rental. Property is fully vacant and ready for a business owner to start making money. Building has new paint stained concert floors updated kitchens and bathrooms. Washer and dryers added to all units. All facts and figures are approximate buyer verify MLS information.

3219 N 66th Street, Scottsdale

$950,000

6545057 MLS

Looking for an exceptional investment opportunity in the assisted living sector? Look no further than this beautiful Scottsdale 10 bed assisted living facility!Boasting an impressive net operating income of $79,115.04, this facility is a proven moneymaker, with the owner earning a steady $7,000 per month in rental income.The property features 10 spacious and comfortable bedrooms, providing a warm and inviting environment for its residents. The current leases are below market rates, providing the potential for significant income growth for the new owner. The current lease expires on 4/30/24.The owner of the property covers the cost of insurance, home warranty, and property taxes, ensuring a hassle-free investment experience.

4918 E Karen Drive, Scottsdale

$1,700,000

6536995 MLS

Incredible opportunity to own a completely renovated 4plex in the heart of booming Old Town Scottsdale w/ no HOA just minutes to Scottsdale Fashion District, World Class entertainment/restaurants, golf, hiking & more! Renovation includes all NEW: Plumbing, electrical, roof, 4 new HVAC systems, tankless hot water heaters, dual pane windows, tile flooring, cabinets, counters, ss appliances & laundry rooms w/ washer/dryer. All units are fully furnished w/ new furnishings. Highly desired unit mix w/ two - 2 bd/1ba units & two 1 bd/1 ba units. Exterior features private courtyard w/ new pavers & turf. Property management in place so it 100% turnkey. Another 4plex is available on the same street that is fully renovated.

6632 E Earll Drive, Scottsdale

$4,500,000

6535401 MLS

We are pleased to announce the exclusive availability of Scottsdale Shadows Apartments. This apartment community is bike riding distance from high-end shopping at Scottsdale Fashion Square, unique finds at one of the many boutique shops in Old Town or experiencing the high energy nightlife in the entertainment district.Scottsdale Shadows was built in 1958 and fully remodeled in 2023. The community features a diverse unit mix consisting of; (13) 1 bedroom / 1 bathroom units and (2) 2 bedroom / 1 bathroom units. All (15) units of the units in the community have been fully renovated featuring new flooring, shaker cabinets, stainless steel appliance package, windows, in-suite washer and dryer, etc. The tenants are sure to enjoy the brand new landscaped courtyard, and private back patios.

3219 N 67th Place, Scottsdale

$1,700,000

6523452 MLS

Incredible opportunity to own a completely renovated 4plex in the heart of booming Old Town Scottsdale w/ no HOA just minutes to Scottsdale Fashion District, World Class entertainment/restaurants, golf, hiking & more! Renovation includes all NEW: Plumbing, electrical, roof, 4 new HVAC systems, tankless hot water heaters, dual pane windows, tile flooring, cabinets, counters, ss appliances & laundry rooms w/ washer/dryer. All units are fully furnished w/ new furnishings. Highly desired unit mix w/ three - 2 bed units & one stand alone 1 bd/1ba casita. Exterior features private courtyard w/ new pavers & turf. Property management in place so it 100% turnkey. There is also another renovated 4plex available on this street

6714 E Earll Drive, Scottsdale

$4,300,000

6511097 MLS

Matera Villas Townhomes are eight town homes 2016 construction townhomes near old town Scottsdale. These are separately parceled condo mapped townhomes with no HOA. All all 3 bedroom 2.5 bathroom units with covered parking. Tile roofs , frame construction stucco units. Floor plans are four 1,317 sq feet units and four 1557 sq foot units. Current rents are below market $2,200 to $2,400. Market rents are $2,900-$3,500. Individual metered for electric and easy care landscaping. Close to ASU the 202 freeway and near the 101. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.

7323 E Belleview Street, Scottsdale

$2,495,000

6502601 MLS

Ethos on Polk is a remodeled property consisting of six units located near Old Town Scottsdale. The property has four two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units. Each unit comes with a private patio and a storage room, as well as a new stackable washer and dryer.The property is under a NN (triple net) lease from a short-term rental company, which means that the tenant is responsible for all expenses related to the property, except for insurance and property taxes. The lease is for Three years, with a rental increase of 5% /per year and the lease was executed in April of 2023The property is fully occupied, with a monthly rental income of $11,000 and an annual income of $132,000. The current yearly expenses for the property are $5,417. including tile backsplashes, dual-pane windows, and a smooth stucco finish. The property is highly regarded by neighbors and considered the "new building on the block." It's important to note that the buyer should verify all facts and figures related to the property, including the lease agreement and rental income. Ethos on Polk is located at 7602 E Polk St in Scottsdale, Arizona. The property falls under the R-5 zoning, which allows for multi-family residential use. The property size is 4,140 square feet, and the land size is 11,021 square feet. The property is located in the postal/zip code area 85257. There is one building on the property, which contains the six remodeled units described earlier. The parcel number for the property is 131-15-001-Y. This property is located on the southeast part of Old Town Scottsdale. Old Town Scottsdale is a charming and historic district located in the heart of Scottsdale, Arizona. This area is known for its vibrant culture, unique shopping experiences, and stunning architecture. One of the highlights of Old Town Scottsdale is the famous art walks that take place every Thursday evening. During these art walks, visitors can peruse a wide variety of art galleries and studios while enjoying live music and street performances. It is a great way to experience the local art scene and connect with the community. Apart from the art walks, Old Town Scottsdale also offers a diverse employment base. The area is home to many small businesses, restaurants, and art galleries, providing a variety of job opportunities. Many of these businesses are locally owned and operated, creating a strong sense of community and supporting the local economy. With its charming streets and bustling atmosphere, Old Town Scottsdale is a popular destination for tourists, making it a hub for the hospitality and tourism industries. In addition to its employment base, Old Town Scottsdale is known for its distinctive architecture. The area boasts a mix of historic buildings, modern structures, and unique art installations. This blend of old and new creates a unique visual landscape that is both charming and exciting. Visitors can take a stroll down the streets of Old Town and admire the architecture, or stop by one of the many art galleries to view the work of local artists. Old Town Scottsdale is also home to a variety of annual events and festivals. These events draw visitors from around the world and showcase the rich culture and history of the area. From the Scottsdale Arabian Horse Show to the Scottsdale Arts Festival, there is always something exciting happening in Old Town. These events provide a unique opportunity for visitors to experience the vibrant culture of the area and connect with the community. Overall, Old Town Scottsdale is a vibrant and exciting district that offers a unique blend of art, culture, and employment opportunities. With its charming streets, diverse architecture, and lively atmosphere, it is no wonder that this area has become a popular destination for tourists and locals alike. Whether you are looking for a fun night out, a new job opportunity, or simply a chance to experience the rich culture of the area, Old Town Scottsdale has something for everyone.

7602 E Polk Street, Scottsdale

$600,000

6497408 MLS

Amazingly located in the heart of Scottsdale's most desirable rental market, this triplex boasts three 1 bed 1 bath units just a few blocks away from Old Town Scottsdale, Scottsdale Fashion Square, and Scottsdale Stadium where Spring training games are held!

6813 E Avalon Drive, Scottsdale

$525,000

6459756 MLS

This is currently a duplex (2 houses).One is occupied and one needs extensive work. The highest and best use is to scrape and build on this lot in south Scottsdale. Excellent location. The Property is on Septic. The 6 unit next to this is currently being renovated (major). Buyer to verify all Facts and Figures.

7616 E Polk Street, Scottsdale

$735,000

6449163 MLS

Location! Location! Location! Multifamily 4-Plex opportunity, excellent long term or Airbnb/VRBO investment opportunity in the most desirable rental market in Scottsdale! Just a few blocks away from Old Town Scottsdale, Scottsdale Fashion Square, and Scottsdale Stadium home of the SF Giants Spring Training. Demo has been completed and all units can be configured to your desired 2 bed 1 bathroom living spaces. Each unit has a private patio. Property has 3 storage rooms that can be used for expansion for more livable space. Comparable remodeled units in the immediate area are being leased up to $2,000 per month. This property has the potential to produce $8,000 monthly gross income, $96,000 annual gross income.

3114 N 68th Street, Scottsdale

$1,833,334

6429998 MLS

Welcome to Four on Avalon. This a portfolio sale. 3 four unit complex's lined up together. 6622, 6628 and 6616 can purchase separately . 6616 and 6628 must close together. Currently for rent for 2400 each or run your own short term rental. All units are all two bedroom and have new plumbing, new paint, new flooring, fencing and gates, landscaping new bathrooms and kitchens with waterfall quartz counter new back splash new doors new floors new washer and dryers in all units. Updated electrical. New asphalt and storage for all units and gated and coded perfect to run a short term rental. Covered parking and street parking. Current tenant pays for all utitlies and landscaping. Over a 5 cap on actual numbers. Each building has remodeling and repair costs 350k per building.

6616 E Avalon Drive, Scottsdale

$1,833,333

6429997 MLS

Welcome to Four on Avalon. This a portfolio sale. 3 four unit complex's lined up together. 6622, 6628 and 6616 can purchase separately . 6616 and 6628 must close together. Currently for rented for 2400 or run your own short term rental. . All units are all two bedroom and have new plumbing, new paint, new flooring, fencing and gates, landscaping new bathrooms and kitchens with waterfall quartz counter new back splash new doors new floors new washer and dryers in all units. Updated electrical. New asphalt and storage for all units and gated and coded perfect to run a short term rental. Covered parking and street parking. Current tenant pays for all utilities and landscaping. Performing over a 5 cap on actuals. Each building has remodeling and repair costs 350k per building.

6622 E Avalon Drive, Scottsdale

$1,833,333

6429989 MLS

Welcome to Four on Avalon. This a portfolio sale. 3 four unit complex's lined up together. 6622, 6628 and 6616 can purchase separately . 6616 and 6628 must close together. Currently for rent for 2800 each or run your own short term rental. Units will be leased by end of July for August first rent. All units are all two bedroom and have new plumbing, new paint, new flooring, fencing and gates, landscaping new bathrooms and kitchens with waterfall quartz counter new back splash new doors new floors new washer and dryers in all units. Updated electrical. New asphalt and storage for all units and gated and coded perfect to run a short term rental. Covered parking and street parking. Each building has remodeling and repair costs 350k per building. Owner agent. All facts and figures are approximate buyer verify MLS information

6628 E Avalon Drive, Scottsdale

$450,000

6400701 MLS

Great investment property in the heart of Scottsdale. The 2 single family homes currently sit on 13,000 sqft and have awesome potential to build 6-10 units in their place if desired. Must also purchase MLS 6400676 which is the property connected just West and has a 6-plex that currently sits on a 11,000 sqft lot. All units are rented with a month to month contract. Properties have been well maintained but updating may be needed.

7616 E Polk Street, Scottsdale

$1,800,000

6400676 MLS

Great investment property in the heart of Scottsdale. The 6-plex currently sits on a 11,000 sqft lot. Must also purchase MLS 6400701 which is the property connected just East and has 2 single family homes on a 13,000 sqft lot. Plenty of space to develop additional 6-10 units on the back lot if desired. All units are rented with a month to month contract. Properties have been well maintained but updating may be needed.

7602 E Polk Street, Scottsdale

$767,000

6395609 MLS

Spectacular investment property, beautifully updated. 2 units both 2 bedroom 2 bath 2 car garage! Great earning property. Close to old town Scottsdale, freeway, shopping , civic center, restaurants, golfing and so much more. Units are constantly booked as short term rental. No HOA,

1652 N 87th Street, Scottsdale

$1,260,000

6387604 MLS

HOLIDAY PARK in the heart of OLD TOWN SCOTTSDALE is a former 5plex turned 4-plex is walking distance to amazing restaurants, shopping, dancing, you could dream of.This property has been lovingly maintained. Currently long term tenants who love living there are on month to month leases. The building offers 4 units, 2 units that are 2 bedrooms with 2 bathrooms and 2 units are a 1 bedroom plan. Beautifully located across the street from Paiute Park. 6 covered parking spots in the back of the building. Remodeled in 2010. 1 new A/C in2022 and all AC units are serviced once a year. Community laundry shared by all 4 units.

3219 N 66th Street, Scottsdale

$9,250,000

6382587 MLS

Gorgeous Luxury Condos in Old Town Scottsdale adjacent to Scottsdale Stadium. Perfect for Airbnb that bring in up to $9000/month or $4500-$6500\month for long term rentals. Whole complex is for sale. Each unit has 3 bed, 3.5 bath, 2 car garage, and a private elevator. community pool. Tile or wood floors. Thermador appliances. Ring doorbells. Tesla chargers. Large granite slabs in the kitchens and tons of custom cabinetry.

7550 E Osborn Road E Unit #1-10, Scottsdale

$3,420,000

6361842 MLS

Sold 4/21/22 for $3,420,000 with Seller Financing. $285/unit and $427/sf. S. Scottsdale 12 unit package sale next to SkySong! Rare opportunity to acquire three identical four unit buildings that arecontiguous. 7238, 7240, and 7302 E. Belleview St (all 4 unit buildings) consist of 2668 SF/bldg (8004 total SF). Unit mix includes three large 1 bedroom units (625 /-SF) w/ a 2 bedroom unit (800 /- SF). R-5 MF zoning. 7020 SF lots (21060 total). Near the SkySong development .Just east of Scottsdale Rd/south of McDowell Rd near Old Town and ASU. Proforma rents 1's @ $1500/unit and 2's @ $2000/unit (in current condition). All copper plumbing & electric per seller. Value-add. All m-t-m leases with current actual rents averaging $925/unit. Waived financing offers preferred.

7238 E Belleview (7240, 7302) Street, Scottsdale

$1,525,000

6361664 MLS

Four on 66th Place is an amazing opportunity in the heart of old town Scottsdale. This mid-century modern fourplex has vaulted ceilings, two 2 bedroom one bath units and two 1 bedroom one bath units. All tenants are currently month to month with rents ranging from 750 -1075. Market rents are 1750-2000 or turn into an AirBnB and bring in 2500-5000 each unit per month. Perfect value Two units have been updated in 2015 and 2017 with granite counter & cabinets. 2009 updated tubs bathroom surrounds. 2018 new landscape and partially covered patios for all units. 2017 new paint. Value add to finish remodeling and adding washer and dryer in each unit and potential to add covered parking. Onsite laundry room with leased laundry equipment month to month lease. Drive by only all facts and figures are approximate buyer verify MLS

3338 N 66th Place, Scottsdale

$1,705,000

6358419 MLS

Amazing opportunity to own a gorgeous modern Fourplex in one of the most desired neighborhoods in Old Town. Mins from old town. The home was fully upgraded in 2019-2020 including new electrical, new plumbing, new AC units. Nothing was skipped, pics speak for itself. Turnkey, movein ready. Owners currently run a short term rental business out of the units and is open to transfer the management duties if the new owner wants to continue. Home will be vacant for new owner to choose LTR/STR. 2021 gross revenue $176k! Solar is PAID OFF. ProForma LTR over $1600-2300/month. Exterior is professionally maintained by landscaper.

6601 E Osborn Road, Scottsdale

$1,580,000

6356527 MLS

3314 N 66th Place Unit #1-4, Scottsdale

$1,207,000

6346705 MLS

This is not the ''value-add'' property you're looking for- that job has already been done on this property! Instead, this is a fantastic ''buy-it and leave it'' opportunity for busy professionals who need to decrease their tax liability while increasing their real estate portfolio. Scottsdale has consistently been one of the favorite ''buys'' for multi-family investors because of the draw the area has for young professionals, vacationers, celebrities and business development. This property currently has a consistent income stream with very low operating costs, all due to the master tenants' leases that are in place. Currently operating through an arbitrage as a Short-Term Vacation Rental, this property is essentially maintenance free w/ the tenant paying all utilities, & repairs under 300.

7832 E Heatherbrae Avenue, Scottsdale

$1,250,000

6335255 MLS

One of the Best Values in Scottsdale- PRIME Location !!!! - An envious 3 minutes to Old Town Scottsdale... with 3 HUGE TWO BEDROOM units and ONE (1) Bedroom UNIT - All with NEWLY Constructed PRIVATE Patios- Building is freshly painted and improved !Leases currently in the range of $900.00 to $1,350.00 per month, all rents are below current market rate. One or more units can be converted to a VRBO or AIRBNB Listing for an exceptionally high return. For a final cap rate of between 5.4 and 5.75 AND YES!!! The property is only about 100 yards from TWO public Scottsdale TENNIS courts !..., OFFERS TO BE REVIEWED NO LATER THAN MONDAY 1/3 10AM

6629 E Avalon Drive, Scottsdale

$1,026,888

6322228 MLS

Incredible opportunity to own a four plex in the heart of of booming Old Town Scottsdale just minutes to Scottsdale Fashion District, World Class entertainment/restaurants, Golf, Camelback Mountain hiking & more! This property is a value-add opportunity and then rent to long term tenants or do short term rentals Air Bnb style for an even bigger return. Highly desired unit mix featuring two - 2 bedroom units and two - 1 bedroom unit with private courtyard. There is also an option to purchase as a portfolio with another four plex on the same street located at 6714 E Earll Dr. This building is vacant so it is immediately available for quick sale and renovation. No HOA. Laundry room available on-site. Property is being sold in an As Is condition.

6632 E Earll Drive, Scottsdale

$1,038,000

6319112 MLS

Incredible opportunity to own a four plex in the heart of of booming Old Town Scottsdale just minutes to Scottsdale Fashion District, World Class entertainment/restaurants, Golf, Camelback Mountain hiking & more! This property is a value-add opportunity and then rent to long term tenants or do short term rentals Air Bnb style for an even bigger return. Highly desired unit mix featuring three - 2 bedroom units and one - 1 bedroom unit with a large, private courtyard in the backyard area. There is also an option to purchase as a portfolio with another four plex on the same street located at 6632 E Earll Dr. This building is vacant so it is immediately available for quick sale and renovation. No HOA. Laundry room available on-site. Property is being sold in an As Is condition.

6714 E Earll Drive, Scottsdale

$1,083,333

6302812 MLS

Welcome to Four on Avalon. This four plex is in the heart of Old Town Scottsdale in nice Cul-del-sac lot! This property is an amazing opportunity to do a full remodel! Property has been self managed with month to month tenants. Currently below market rents 500-600. Market rate once renovated 1500-1900. One 1 bedroom 1 bath and Three 2 bedroom 1 bath units. Once remodel proforma cap 5.5-6 cap. Could also make into a Air B&B for even a higher return. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale. Also available as part of a portfolio sale with same owners and unit mix and rent are 6616 E Avalon, 6622 E Avalon, and 6613 E Cherry Lynn also available for $1,150,000 each.

6628 E Avalon Drive, Scottsdale

$1,083,333

6302807 MLS

Welcome to Eight on Avalon. This four plex is part of a portfolio and is in the heart of Old Town Scottsdale. This property is an amazing opportunity to do a full remodel! Property has been self managed with month to month tenants. Currently below market rents 500-600. Market rate once renovated 1500-1900. One 1 bedroom 1 bath and Three 2 bedroom 1 bath units. Once remodel proforma cap 5.5-6 cap. Could also make into a Air B&B for even a higher return. Must purchase with 6616 E Avalon for additional $1,150,000 for a total of $2,300,000 8 units. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unware of sale. Also available as part of a portfolio sale with same owners and unit mix and rent are 6631 E Cherry Lynn, and 6628 E Avalon also available for $1,150,000 each

6622 E Avalon Drive, Scottsdale

$1,083,333

6302804 MLS

Welcome to Eight on Avalon. This four plex is part of a portfolio and is in the heart of Old Town Scottsdale. This property is an amazing opportunity to do a full remodel! Property has been self managed with month to month tenants. Currently below market rents 500-600. Market rate once renovated 1500-1900. One 1 bedroom 1 bath and Three 2 bedroom 1 bath units. Once remodel proforma cap 5.5-6 cap. Could also make into a Air B&B for even a higher return. Must purchase with 6622 E Avalon for additional $1,150,000 for a total of $2,300,000 8 units. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unware of sale. Also available as part of a portfolio sale with same owners and unit mix and rent are 6631 E Cherry Lynn, and 6628 E Avalon also available for $1,150,000 each

6616 E Avalon Drive, Scottsdale

$1,083,333

6302801 MLS

Welcome to Four on Cherry Lynn. This four plex is in the heart of Old Town Scottsdale in nice Cul-del-sac lot! This property is an amazing opportunity to do a full remodel! Property has been self managed with month to month tenants. Currently below market rents 500-600. Market rate once renovated 1500-1900. One 1 bedroom 1 bath and Three 2 bedroom 1 bath units. Once remodel proforma cap 5.5-6 cap. Could also make into a Air B&B for even a higher return. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale. Also available as part of a portfolio sale with same owners and unit mix and rent are 6616 E Avalon, 6622 E Avalon, and 6628 E Avalon also available for $1,150,000 each.

6631 E Cheery Lynn Road, Scottsdale

$2,230,000

6295599 MLS

Four on Parkway is 4 owned townhomes with no HOA! Walking distance to Old Town Scottsdale. This is a fully renovated property! New stucco kitchens, bathrooms, flooring custom staircases, new paint and floors. Each unit has own back yard and a huge side yard for common area. Can be short term or Airbnb. These condos are super rare opportunity to own whole complex and land. All units have 2 bedroom 1.5 bathrooms. All townhouse style units with brand new washer and dryers. All have two covered parking and private yards. Property is currently has a tenant ready to start renting in October first for 2,800 per unit plus rental tax. Tenant will pay for all utilities and landscaping. Self managed property 5.5 cap on current actuals. If ran as short term rental over 7.5 cap. Schedule tour All facts and figures are approximate buyer verify MLS information Owner Broker agents

4036 N Parkway Avenue Unit #4, Scottsdale

$1,130,000

6288060 MLS

Welcome to Four on 67th Place! Amazing value add opportunity located in old town Scottsdale. Property has a newer roof and units were updated about 10 years ago. Property has 3 two bedroom one bath room units and 1 one bedroom one bath unit. Tenants rents have not been raised in years. Current rents are 700 to 750. Most are month to month or are expiring end of October. Once fully renovated rents are 1550-1850. Or run as short term rentals. No HOA. Laundry room onsite. All facts and figures are approximate buyer verify MLS information. Buyer drive by only no showings with out accepted offer.

3119 N 67th Place, Scottsdale

$1,740,200

6242359 MLS

7-unit value-add rental portfolio for sale in Scottsdale, Arizona. The offering is comprised of seven 2-bed/2-bath units of approximately 1,110 square feet, inside Lincoln Gardens, an 80-unit condominium community resting on approximately 3.75 acres in Scottsdale, AZ, just south of McCormick Ranch. The community was built in 1984 and the exterior was updated in 2021. All units have a full size washer and dryer, dishwasher, self-cleaning oven, and huge pantries. Second story units boast cathedral ceilings with skylights and first story units have sunken living rooms. All units have private balconies, along with extra storage. The community contains a swimming pool, spa, and full covered parking. Nearby attractions include Chaparral Park, Pavilions, Old Town and Scottsdale Fashion Square.

6480 N 82nd Street Unit #1113, Scottsdale

$1,250,000

6232219 MLS

Incredible investment opportunity to own a 4-Plex in the heart of Old Town Scottsdale. Minutes to Scottsdale Fashion District, world class entertainment/restaurants, Camelback mountain views, hiking and more. The property is equipped with 4- 2bedroom units, ~1000ft2 each. The site is equipped with common area BBQ, turf grass and Spa with pergola, coin laundry machines onsite for extra revenue. All four suites are fully remodeled with with ceramic tiles, wood plank, ultra modern white kitchens with quartz counters and stainless appliance, tile bathroom with tile enclosures and more. Great opportunity to reside and clip income from revenue from the four units from conventional rentals or short term rentals.

3314 N 66th Place, Scottsdale

$1,000,000

6211814 MLS

Prime Multi family land in the heart of Scottsdale. Highest and best use is re-development as the buildings are quite dated and in poor condition. No financials offered as family and friends are current month-to-month tenants. Sold ONLY AS-IS, with no warranties or home inspections. If financing, no appraisal contingencies! Drive by only-do not disturb tenants. All of the current tenants are family or friends on month-to-month rent willing to move upon sale.

3126 N 70th Street, Scottsdale

$905,000

6204641 MLS

A value add opportunity. Prime Scottsdale location for these 2 bedroom 1.5 bath townhouse units with private patios. Condo plat and CCR's recorded, but no HOA established. Shared water meter with individual electric meters. Update the units to achieve a market rent. 3 units on month to month. As-is. Seller will not make repairs.

4030-4036 N Parkway Avenue, Scottsdale

$4,800,000

6199107 MLS

The Trullies is an impeccably maintained gated garden-style fully furnished turn key occupancy 12-unit boutique condo community. Located in a quaint Scottsdale neighborhood just blocks from Old Town. Built in 1984 and completely transformed in 2015. The Trullies enjoys all the flair of a Mediterranean resort with modern European interior finishes. The renovations include wood plank tile floors, Thermofoil euro style kitchen cabinets, reclaimed wood shelving & pantry, prep island, granite countertops, farm sink, stainless steel appliances, washer/dryer, contemporary bathrooms with glass tile shower & tub surrounds, Euro-style glass shower enclosures, stainless steel/cast-iron sink vanities & low-flow toilets. Each has a private patio or walk-out balcony. See supplement for more info... The exterior includes a grand ramada, designer outdoor furniture, gas fireplace, 2 gas BBQs, heated pool & spa, mature & maintained climate resistant lush landscape with beautiful trees & date palms, Sunbrella awnings & corrugated steel planter boxes thru-out. There are (8)-2 bed/2-bath 980sf units & (2)-4 bed/4-bath 1980sf units (currently split-up and rent as 4 separate units) all individually metered for electricity & hot water closets. This is a gated complex with 2 automatic entry gates, controlled entry access, 19 covered parking spaces & one 2-car garage, large storage building & business center. Trullies is in excellent condition, 100% maintained with newer air conditioners, roofs, asphalt, water heaters, gas line, pool equipment, pebble tec & landscape irrigation. Trullies offers a perfect location for both short-term visitors and traditional residents; centrally located providing quick access to Phoenix Sky Harbor International Airport, ASU, 5-minute ride to Old Town Scottsdale & close to the best shopping & restaurants.

7910-7920 E Wilshire Drive, Scottsdale

$775,000

6196106 MLS

You will not find a better location! Do not miss out on this rare find. Highly desirable location walking distance to Old Town Scottsdale. This 4 plex is income producing with upside potential. The units are 2 bedroom/1 bath units with off street covered parking. Value add opportunity average monthly rent $730 per month proforma $950-1,100. Proforma cap rate 4.8%. Long term tenants, rents current, month to month. These units have been maintained by the owner, no deferred maintenance. On-site laundry facility. Great property, desert landscape and no HOA. Strong rental area, low to no vacancies. Amazing location freeway access, minutes to ASU and Sky Harbor Airport. Buyer or Buyer's agent to verify all facts and figures. Do not disturb the tenants.

7834 E Glenrosa Avenue, Scottsdale

$1,350,000

6193299 MLS

We are selling 5 total units as a package in Villa de Vallarta. Unit #'s are 120, 121, 214, 222 & 214.These are great investments in a prime location, just minutes from the 101, close to great dining, entertainment and shopping. All units currently have tenants! All units could use light remodels. Current rents are low compared to market, and there is definitely opportunity to increase upon expiration of existing leases!Please contact agent for current and potential income and expenses.

8649 E Royal Palm Road, Scottsdale

$1,550,000

6181166 MLS

No longer accepting offers. Multiple offers received, Awaiting court approval. DEVELOPMENT PROJECT. PRICE IS FOR AS-IS CONDITION. Right in the heart of Old Town Scottsdale, across from The W and walking distance to Scottsdale Fashion Square and all the restaurants and shops this highly popular area offers!!Each unit will be approximately 1850 sqft, 2 bed + office/game room/den, 2.5 bath, 3 levels with private courtyard and balcony, and 2 car garage.All permits have been approved and issued.All project undergrounds are completed.Framing of the 4 unit building is currently at 50%.Estimate needed to complete = approx $1 Million /Estimated value at completion = $3.5 Million

7407 E Minnezona Avenue, Scottsdale

$670,000

6178857 MLS

Hopping rental neighborhood minutes from old town Scottsdale. This 4-plex is 100% occupied with nearly 0% annual vacancy. 3 of the units have new a/c systems, the other a/c was new in 2017. These are low maintenance, no pool, desert landscaping, no HOA! Please see 6714 E Monterey Way Scottsdale AZ 85251 these two buildings can be sold together or separate.

6715 E Angus Drive, Scottsdale

$830,000

6178849 MLS

Hopping rental neighborhood minutes from old town Scottsdale. This 4-plex is 100% occupied with nearly 0% annual vacancy. These units are all 2 bedroom units and all 4 units have new a/c systems. These are low maintenance, no pool, desert landscaping, no HOA! Please see 6715 E Angus Dr Scottsdale AZ 85251 these two buildings can be sold together or separate.

6714 E Monterey Way, Scottsdale

$2,100,000

6161872 MLS

Venture on 66th is a completely renovated 8-unit property.Constructed in 1958 and renovated in 2019-2020, this investmentproperty is currently operating as a short-term/vacation rental andcomes fully furnished, with future bookings in place. Featuring alltwo-bedroom/one-bathroom units, the property offers its residents abeautiful, updated, and spacious vacation home no matter how shortor long their stay. Some tenants stay for a few days, while others formonths. Given its prime location, the property garners a lot of interest.In addition to the short-term/vacation rental model, which offersan owner a higher potential return, Venture on 66th could easily beconverted to and operated as a market-rate apartment community.Information for this kind of operation has also been Located in the heart of Old Town Scottsdale and situated on 2 separate parcels, allowing for 30-year fixed-rate residential financing on each parcel, Venture on 66th offers tenants quick access to all the remarkable dining and entertainment options that Old Town Scottsdale has to offer. Nearby attractions include Spring Training facilities, Scottsdale Fashion Square, SkySong, Papago Plaza, the McDowell Corridor (a $500M economic redevelopment), many boutique shops, bars, restaurants, and entertainment options in and around the Old Town Scottsdale area. Located southwest of Osborn and 68th Street, this area is undergoing a very rapid regentrification, with many apartment communities being renovated. This area is going to continue to improve and rental and pricing trends should continue to rise. Venture on 66th is one of the first fully renovated properties in this immediate area to hit the market, indicating that prices and rents are poised to go higher, so act fast. With interest rates at historic lows, and 30-year fixed-rate residential financing available (one loan for each parcel), Venture on 66th is a unique and exceptional opportunity for investors looking for a turnkey product in a great location.

3313 N 66th Place, Scottsdale

$950,000

6151241 MLS

UNDER CONTRACT - PENDINGNew Roof, Doors, Windows, Flooring, Countertops, Cabinets, Light Fixtures, Appliances (ex: Double Door Refrigerators with ice and water and reverse osmosis filter)Key Features:Newly remodeled bathroomsLow maintenance landscapingBrand new fencing4 Covered parking spots with 4 Storage Units.Security Gates

6634 E Avalon Drive, Scottsdale

$750,000

6142110 MLS

The property consists of four units in total, (3) 1-bed / 1-bath units and (1) 2-bed / 1-bath unit. Built in 1958, this light value-add opportunity is a great project with its brand new electrical panels to add in-suite washers and dryers. It also contains brand-new white shaker cabinets and beautiful quartz countertops. The property has a private courtyard with each unit having its own private backyard. There is covered parking for each unit, as well as street parking for the residents. Based on its positioning in the competitive landscape of the submarket and the area's ongoing redevelopment efforts, this property is a perfect opportunity for an investor to create an ideal living situation right in Old Town Scottsdale.

3237 N 66th Street, Scottsdale

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