$1,300,000
Scottsdale, AZ 85251
MLS# 6959584
1 / 63
Property Description
This turnkey, recently renovated Four Plex presents an exceptional investment opportunity in the heart of Old Town Scottsdale, one of the area's most desirable and high-demand locations. The property features a well-balanced unit mix of three - 1/bed, 1/bath units with luxury vinyl floors and one - 2/beds, 1/bath unit, with new tile floors. Each residence offering its own en suite laundry, and a private patio, enhancing tenant comfort and desirability. The complex also includes 4 on-site storage units, adding value to the property. Ideally located down the street from Paiute Park, and less than two miles from Old Town Scottsdale. The property offers easy access to Scottsdale Fashion Square, Spring Training facilities, premier dining, entertainment, shopping,
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,300,000
List Price: $1,300,000
Status: Active
List Date: 2025-12-19
Location, Tax & Legal
Assessor's Map #: 47
Legal Description (Abbrev): LOT 32 IMPERIAL MANOR MCR 007530
Assessor's Parcel #: 36
Add'l Parcels: No
Tax Municipality: Scottsdale
Census Tract: 217501
Taxes: 1164
Legal: LOT 32 IMPERIAL MANOR MCR 007530
Marketing Name: Imperial Manor
House Number: 3232
Compass: N
Street Name: 66TH
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6725
County Code: Maricopa
Subdivision: IMPERIAL MANOR
Assessor Number: 130-47-036
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 8047
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: 1959
Zoning: R-5
Legal Info
Range: 4E
Section: 27
Township: 2N
Lot Number: 32
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Tile: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1164
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 70934.56
Pmt & Rate Info
Cap Rate: 5.37
Equity: 1300000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Forced Air: 1
Heat Pump: 1
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Interior Features
Unfurnished: 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Electric Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
1 Space/Unit: 1
Paved: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 1464
Avg SqFt: 506
# Baths: 4
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1510
Avg SqFt: 775
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 66th Street and Osborn
Directions: West on Osborn and south on 66th Street
Geo Lat: 33.485719
Geo Lon: -111.938803
Income Expenses
Gross Annual Sch Inc: 70934.56
Net Operating Income: 69770.56
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Laminate; Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Features: Unfurnished; Mini Blinds
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Forced Air; Natural Gas; Heat Pump
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit; Add'l Parking Avail; Free; Paved
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Supplements
the Phoenix Zoo, Botanical Garden, Sky Harbor International Airport, and world-class golf. Situated in a prime rental market known for strong demand and long-term growth, this fully rented multifamily asset represents a low-maintenance investment with consistent income potential.
Don't miss this outstanding opportunity to own a Four Plex in one of Scottsdale's most sought-after neighborhoods.
Listing Office: Realty ONE Group
Last Updated: December - 19 - 2025
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