3308 N 67th St - Apartments FOR SALE


Scottsdale, AZ 85251- Old Town
$1,095,000 USD
480-703-8955
3308 N 67th St, Scottsdale, AZ for Sale
$1,095,000 USD
Apartments - FOR SALE
1/14
null | 5.34% Cap Rate

3308 N 67th St
Scottsdale, AZ 85251
Old Town


HIGHLIGHTS

  • 4 Units, Built in 1971
  • Unit Mix: (4) 2×1 Units
  • Prime Old Town Scottsdale Neighborhood
  • Low Vacancy and High Rent Growth Submarket
  • Average Unit Size: ±658 SF
  • Value-Add Opportunity

OVERVIEW

Matthews Real Estate Investment Services™ is pleased to present 3308 N 67th St, a boutique 4-unit value-add investment opportunity, located in the heart of Old Town Scottsdale. This well-located property features four two-bedroom, one-bathroom units, offering an excellent opportunity for investors looking to capitalize on one of Scottsdale’s most sought-after rental markets. With strong existing occupancy and room for operational or cosmetic enhancements, the property provides significant upside potential through rent growth and strategic improvements. Additionally current ownership has made several exterior improvements over recent years, including 2 new HVAC units and upgrades to the plumbing system. Situated just minutes from Scottsdale Fashion Square, The Waterfront, and a variety of top-tier restaurants, including Olive & Ivy, The Mission, and Culinary Dropout, the property benefits from high walkability and consistent demand from both long-term tenants and short-term renters. Its central location also offers easy access to major employment hubs, making it an attractive choice for young professionals and small families seeking convenience and lifestyle. With its prime location, strong rental fundamentals, and clear value-add potential, 3308 N 67th St presents a compelling investment opportunity in one of Scottsdale’s most vibrant and high-growth submarkets Broker of Record David Harrington License No. CO701910000 (AZ) (866) 899-0550 Matthews Real Estate Investment Services, Inc. 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$416 USD /SF

# OF UNITS

4

PRICE/UNIT

$273,750

CAP RATE

5.34%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,147 SF

ZONING

R-5, Scottsdale

APN/PARCEL ID

130-47-136

ASK ABOUT THIS PROPERTY

Kyle InmanMatthews Real Estate Investment ServicesMore Info
480-703-8955

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Kyle InmanMatthews Real Estate Investment ServicesMore Info
480-703-8955

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.