$1,175,000

Estimated payment $6,377/month

Total Views 2,250
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Central Heating
  • Carpet

About This Home

Located in the heart of Old Town Scottsdale, this fully leased four-plex offers an unbeatable investment opportunity in one of the Valley's most sought after neighborhoods. Surrounded by top-rated restaurants, shopping, and nightlife, this property features one spacious 3 bed / 1 bath unit and three 1 bed / 1 bath units—each with its own private, turfed backyard space. Whether you're looking for a turn-key asset or a value-add opportunity with long-term appreciation potential, this well-maintained property delivers both. With consistent rental income and room to elevate rents or enhance finishes, this is a rare chance to own a multifamily property in one of Scottsdale's most desirable areas.

Listing Agent

Jared Shahon

Compass License #SA686695000 Listed on: 08/01/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1957

Lot Details

  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Cooling Available
  • Central Heating
  • Window Unit Heating System

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 130-15-026-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9,365
  • Western Villa Subdivision

Building Details

  • Operating Expense $1,406
  • Gross Income $66,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 68th St. & Pinchot
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: [R1-7]
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2024
  • Directions: Off Indian School: South on 68th St, East on Pinchot Ave, on NE corner of Pinchot Ave & 68th St.
  • Road Frontage Type: Alley
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: WESTERN VILLA
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Dishwasher, See Remarks, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block, Brick
  • Roof: Composition, See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Central, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 9,365
  • Additional Parcels: No
  • Parcel #: 130-15-026-A

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 66120.0
  • Annual Operating Expense: 1406.0

Tax Info

  • Tax Annual Amount: 1406.0
  • Tax Book Number: 130.00
  • Tax Lot: 18

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,406 $20,592 -- --
2024 $1,386 $19,611 -- --
2023 $1,386 $66,070 $13,210 $52,860
2022 $1,319 $45,610 $9,120 $36,490
2021 $1,402 $39,350 $7,870 $31,480
2020 $1,390 $32,470 $6,490 $25,980
2019 $1,348 $28,250 $5,650 $22,600
2018 $1,305 $25,260 $5,050 $20,210
2017 $1,249 $22,300 $4,460 $17,840
2016 $1,221 $19,750 $3,950 $15,800
2015 $1,169 $15,930 $3,180 $12,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $1,175,000 +38.2% --
10/20/2020 10/20/20 Sold $850,000 -2.9% $355 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $875,000 +75.0% $365 / Sq Ft
07/29/2020 07/29/20 Sold $500,000 0.0% $209 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/28/2020 05/28/20 Off Market $500,000 -- --
05/26/2020 05/26/20 For Sale $399,900 -- $167 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 Chicago Title Agency
Cash Sale Deed $138,000 Lawyers Title
Trustee Deed $113,600 First American Title
Warranty Deed -- First American Title
Warranty Deed $130,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Unknown
Previous Owner $215,000 Unknown
Previous Owner $200,000 Negative Amortization
Previous Owner $192,000 Unknown
Previous Owner $117,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6895914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-15-026A