$1,450,000
Scottsdale, AZ 85251
MLS# 6987949
1 / 34
Property Description
Turn-key prime Old Town Scottsdale fully renovated fourplex featuring three 2-bed/1-bath units and one 1-bed/1-bath unit. Interiors offer modern updated kitchens with quartz countertops, stainless appliances, luxury vinyl plank flooring, exposed block accents, and energy-efficient windows. Each unit has a separate entry into a private gated block-wall enclosed patio with turf and drip irrigation. Dedicated 4 carport spaces and 4 uncovered guest spaces on property. Second building is a shared on-site laundry room plus a locked storage closet for each unit. Major improvements include sewer line relining and HVAC upgrades. Exceptional proximity to Old Town dining, shopping, and galleries. Fully-rented and strong rental location with long-term hold appeal.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,450,000
List Price: $1,450,000
Status: Active
List Date: 2026-02-20
Location, Tax & Legal
Assessor's Map #: 47
Legal Description (Abbrev): LOT 1 LAS VIVIENDAS MCR
Assessor's Parcel #: 131
Add'l Parcels: No
Tax Municipality: Scottsdale
Census Tract: 217501
Taxes: 1545
Legal: LOT 1 LAS VIVIENDAS MCR
Marketing Name: Las Viviendas
House Number: 3338
Compass: N
Street Name: 67TH
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6133
County Code: Maricopa
Subdivision: LAS VIVIENDAS
Assessor Number: 130-47-131
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 5
Lot Size Dimensions: IRR
Flood Zone: No
Total # of Units: 4
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Tavan Elementary School
Jr. High School: Ingleside Middle School
High School: Arcadia High School
Year Built: 1971
Zoning: R-5
Legal Info
Range: 4E
Section: 27
Township: 2N
Lot Number: 1
Project Type
Four Plex: 1
Construction
Brick: 1
Const - Finish
Painted: 1
Roofing
Rolled: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 1071
Annual Ins Exp: 2708
Annual Landscape Exp: 2400
Annual Maint Exp: 2333
Annual Wtr/Swr Exp: 2822
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Operating Exp: 12879
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 67592
Pmt & Rate Info
Cap Rate: 3.71
Down Payment %: 0
Monthly Payments: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Cooling
Electric: 1
Individual: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Sidewalk(s): 1
Patio/Balcony: 1
Separate Storage: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
Road Access Type
City Street: 1
Road Surface Type
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
Other: 1
See Remarks: 1
New Financing
Cash: 1
Conventional: 1
No Carry: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1375
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1583
Avg SqFt: 833
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: N 68th Street & E Osborn Road
Directions: Head west on E Osborn (0.1 mi). Property located on SW corner of N 67th Street.
Geo Lat: 33.487298
Geo Lon: -111.936878
Income Expenses
Gross Annual Sch Inc: 67592
Net Operating Income: 53737
Property Features
Project Type: Four Plex
Construction: Brick
Const - Finish: Painted
Roofing: Rolled
Floors: Vinyl
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Landscape Water System; Desert Landscaping; Sidewalk(s); Patio/Balcony; Separate Storage
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave
Heating: Heat Pump
Cooling: Electric; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Carport; 1 Space/Unit
Road Access Type: City Street
Road Surface Type: Gravel
Owner Pays: Water; Trash Collection; Landscaping; Other; See Remarks
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Cambridge Properties
Last Updated: February - 21 - 2026
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