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Scottsdale Four Plex 3014 N 70th St 4 Unit Apartment Building $1,250,000 ($312,500/Unit) 2.25% Cap Rate Scottsdale, AZ 85251

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INVESTMENT HIGHLIGHTS

  • Corner Parcel!
  • Below market rents!
  • Low maintenance landscape!

EXECUTIVE SUMMARY

Investor Opportunity in a prime location! Fully occupied 4-plex in a high-demand area near Old Town Scottsdale. All two bedroom units. Each unit rented at $1,250/month Starting 8/1 - well below market average and presenting the strong upside potential. Fresh exterior paint and all A/C units replaced a few months ago. Ideal for investors looking to renovate and increase cash flow. With no HOA and low-maintenance setup (no carports or garages), this is an excellent value-add opportunity for 1031 exchange, portfolio expansion, or those seeking a foothold in Scottsdale's strong rental market.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,250,000
Price Per Unit $312,500
Sale Type Investment
Cap Rate 2.25%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 1,956 SF
Average Occupancy 100%
No. Stories 1
Year Built 1956
Zoning R-7

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 $1,250 680
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
130-15-009
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$21,523 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 36907228

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 3014 N 70th St, Scottsdale, AZ 85251

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