$2,985,000
Scottsdale, AZ 85251
MLS# 7014299
15 beds | 15 baths
1 / 20
Property Description
This offering presents a rare opportunity to acquire a 15-unit multifamily asset located in a highly desirable Scottsdale submarket near Old Town, Arcadia, and major employment corridors. Situated on a sizable fee simple parcel, the property offers investors the ability to capitalize on strong in-place rental income while executing a value-add strategy through renovations and operational improvements. The asset consists of a well-located apartment community with significant upside potential through unit upgrades, rental increases, and improved management efficiencies. With continued population growth and demand in the Scottsdale/Phoenix market, this property is well-positioned for both cash flow and long-term appreciation.
Details
Contract Info
Current Price: $2,985,000
List Price: $2,985,000
Status: Active
List Date: 2026-04-14
Ownership: Fee Simple
Location, Tax & Legal
House Number: 3220
Compass: N
Street Name: 66TH
St Suffix: Place
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6119
Country: US
County Code: Maricopa
Subdivision: HOLIDAY PARK
Assessor Number: 130-47-095-A
Tax Year: 2025
General Property Description
Lot Size Dimensions: 158 x 158
Year Built: 1958
Uncvrd Parking Spcs: 15
Total # of Units: 15
# of Buildings: 3
Zoning: M-H
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Legal Info
Township: 2N
Range: 4E
Section: 27
Lot Number: 51
Efficiency Units
# Efficiency Units: 7
Avg Rent: 1100
Avg SqFt: 650
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 8
Avg Rent: 1200
Avg SqFt: 725
# Baths: 1
Structure
Bedrooms Total: 15
Bathrooms Total: 15
Showing Notification Methods
Showing Service: Aligned Showings
Remarks Misc
Geo Lat: 33.485159
Geo Lon: -111.937806
Property Features
Project Type: 13 - 24 Units
Construction: Block
Const - Finish: Stucco; Brick Veneer
Roofing: Composition
Floors: Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Electric Oven; Refrigerator; Microwave
Heating: Central; Window/Wall Unit(s)
Cooling: Window/Wall Unit; Central Air
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS; SRP
Gas: SW Gas
Parking Features: 1 Space/Unit
Road Access Type: Alley; City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Lockbox Type: Combo
Existing 1st Loan: Private
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: HomeSmart
Office Phone: 602-230-7600
Office Email: [email protected]
Last Updated: November - 06 - 2026
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