3014 N 70TH Street, Scottsdale, AZ 85251
$1,170,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,170,000
Last Modified:
7/25/2025
Description
Investor Opportunity in a prime location!
Fully occupied 4-plex in a high-demand area near Old Town Scottsdale. Each units rented at $1,250/month - 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.
More Information MLS# 6896111
Contract Info
Current Price: $1,170,000
List Price: $1,170,000
Status: Active
List Date: 2025-07-23
Ownership: Fee Simple
Location Tax Legal
House Number: 3014
Compass: N
Street Name: 70TH
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6302
County Code: Maricopa
Subdivision: WESTERN VILLA
Assessor Number: 130-15-009
Tax Year: 2024
General Property Description
Lot Size Dimensions: 7657
Year Built: 1956
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: R1-7
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks Misc
Cross Street: 70th St & Thomas Rd
Directions: From 101, west on Thomas Rd, north on 70th St. Property is located on the south/west corner of 70th St and Pinchot Ave.
Geo Lat: 33.482287
Geo Lon: -111.930687
Legal Info
Township: 2N
Range: 4E
Section: 27
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 60000
Net Operating Income: 44500
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1250
Avg SqFt: 680
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Pet Restrictions
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Natural Gas; Individual
Cooling: Electric
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit; Paved
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Other (See Remarks)
Lockbox Type: See Private Remarks
Existing 1st Loan: Conventional
Existing 1st Ln Type: Fixed
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Century 21 Arizona Foothills
Last Updated: July - 25 - 2025
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