6802 E AVALON Drive, Scottsdale, AZ 85251
$1,250,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,250,000
Last Modified:
5/13/2025
Description
Amazing investment opportunity located in Old Town Scottsdale! This fully remodeled 4 plex features all 2 bed 1 bath units which are fully occupied. Complete with covered parking in the back of the property, this is a plug and play opportunity for any investor looking to add to their portfolio!
(2024 financials available)
More Information MLS# 6804284
Contract Info
Current Price: $1,250,000
Sold Price: $1,250,000
Status: Closed
List Date: 2025-01-13
Ownership: Fee Simple
Location Tax Legal
House Number: 6802
Compass: E
Street Name: AVALON
St Suffix: Drive
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6837
Country: US
County Code: Maricopa
Subdivision: WESTERN VILLA
Assessor Number: 130-15-064
Tax Year: 2024
General Property Description
Lot Size Dimensions: 0.192 acres / 8,361 sqft
Year Built: 1955
Uncvrd Parking Spcs: 1
Total # of Units: 4
# of Buildings: 1
Zoning: R-7
Flood Zone: No
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks Misc
Cross Street: 68th St. & Osborn
Directions: East on Thomas, North on 68th St, property is on the corner of Avalon & 68th St.
Geo Lat: 33.483383
Geo Lon: -111.934477
Status Change Info
Status Change Date: 2025-02-12
Off Market Date: 2025-02-12
Under Contract Date: 2025-01-15
Close of Escrow Date: 2025-02-12
Sold Price: $1,250,000
Legal Info
Township: 2N
Range: 4E
Section: 27
Lot Number: 56
Income Expenses
Gross Annual Sch Inc: 72213.46
Net Operating Income: 49110.45
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1531.25
Avg SqFt: 647
# Baths: 1
Sold Info
Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 10000
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Other (See Remarks)
Roofing: Other
Floors: Vinyl
Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: No Pool; See Remarks
Exterior Amenities: Green Landscaping; Desert Landscaping; Pet Restrictions; Other (See Remarks)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Cooling: Electric
Water Source: See Remarks
Sewer: Sewer - Public
Electric: SRP
Gas: Other (See Remarks)
Parking Features: Carport; Add'l Parking Avail
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Accountant
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Other (See Rmks)
New Financing: Cash; Conventional; 1031 Exchange; Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: Compass
Last Updated: May - 13 - 2025
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