3014 N 70TH Street, Scottsdale, AZ 85251
$1,250,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,250,000
Last Modified:
12/07/2025
Description
Investor Opportunity in a prime location! A 4-plex in a high-demand area near Old Town Scottsdale. Three units are currently rented at $1,250/month - well below market average and presenting the strong upside potential. One unit was just updated and being marketed to rent for $1,950. Fresh exterior paint and all A/C units were replaced a few months ago. Roof has been replaced within the last 3 to 5 years. 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
Ownership: Fee Simple
Current Price: $1,250,000
List Price: $1,250,000
Status: Active
List Date: 2025-07-23
Location, Tax & Legal
Assessor's Map #: 15
Legal Description (Abbrev): LOT 1 WESTERN VILLA MCR 006401
Assessor's Parcel #: 9
Add'l Parcels: No
Tax Municipality: Scottsdale
Census Tract: 217502
Taxes: 1469
Legal: LOT 1 WESTERN VILLA MCR 006401
Marketing Name: Strong Upside Potential
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
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 7657
Total # of Units: 4
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Year Built: 1956
Zoning: R1-7
Legal Info
Range: 4E
Section: 27
Township: 2N
Lot Number: 1
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1469
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 68400
Pmt & Rate Info
Cap Rate: 3.56
Equity: 1250000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
See Private Remarks: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Individual: 1
Cooling
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Curb(s) & Gutter(s): 1
Cable TV Available: 1
Sidewalk(s): 1
Pet Restrictions: 1
Interior Features
Unfurnished: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Paved: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
No Carry: 1
1031 Exchange: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1425
Avg SqFt: 680
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
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
Income Expenses
Gross Annual Sch Inc: 68400
Net Operating Income: 44500
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; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Pet Restrictions
Interior Features: 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
Road Surface Type: Asphalt
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 Loan Type: Fixed
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office:
Century 21 Arizona Foothills
Last Updated: December - 07 - 2025
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