3220 N 66TH Place, Scottsdale, AZ 85251 (MLS# 7014299)

3220 N 66TH Place, Scottsdale, AZ 85251

$3,105,000
Property Type: Multiple Dwellings Status: Active
Current Price: $3,105,000 Last Modified: 4/16/2026

Overview

Description

This offering presents a rare opportunity to acquire a 15-unit multifamily asset located in a highly desirable Scottsdale submarket near Old Town, Arcadia, and major employment corridors. Situated on a sizable fee simple parcel, the property offers investors the ability to capitalize on strong in-place rental income while executing a value-add strategy through renovations and operational improvements. The asset consists of a well-located apartment community with significant upside potential through unit upgrades, rental increases, and improved management efficiencies. With continued population growth and demand in the Scottsdale/Phoenix market, this property is well-positioned for both cash flow and long-term appreciation.

Listing Details MLS# 7014299

Location, Tax & Legal

House Number
3220
Compass
N
Street Name
66TH
St Suffix
Place
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85251
Zip4
6119
County Code
Maricopa
Subdivision
HOLIDAY PARK
Assessor Number
130-47-095-A
Tax Year
2025
Assessor's Map #
47
Legal Description (Abbrev)
LOT 51 HOLIDAY PARK MCR 007614
Assessor's Parcel #
95
Assessor Parcel Ltr
A
Add'l Parcels
Yes
Tax Municipality
Scottsdale
Census Tract
217501
Taxes
4245
Legal
LOT 51 HOLIDAY PARK MCR 007614
Marketing Name
Holiday Park

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
158 x 158
Year Built
1958
Uncvrd Parking Spcs
15
Total # of Units
15
# of Buildings
3
Zoning
M-H
Elementary School District
Scottsdale Unified District
High School District
Scottsdale Unified District

Legal Info

Township
2N
Range
4E
Section
27
Lot Number
51

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Efficiency Units

# Efficiency Units
7
Avg Rent
1100
Avg SqFt
650
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
8
Avg Rent
1200
Avg SqFt
725
# Baths
Yes

Project Type

13 - 24 Units
Yes

Construction

Block
Yes

Const - Finish

Stucco
Yes
Brick Veneer
Yes

Roofing

Composition
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
4245
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
3105000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Combo
Yes

Community Features

No Pool
Yes

Heating

Central
Yes
Window/Wall Unit(s)
Yes

Cooling

Central Air
Yes
Window/Wall Unit
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Free-Standing Electric Oven
Yes
Microwave
Yes
Refrigerator
Yes

Road Access Type

Alley
Yes
City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes

Electric

APS
Yes
SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
1031 Exchange
Yes

Existing 1st Loan

Private
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 13 - 24 Units Construction: Block Const - Finish: Stucco; Brick Veneer Roofing: Composition Floors: Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Electric Oven; Refrigerator; Microwave Heating: Central; Window/Wall Unit(s) Cooling: Window/Wall Unit; Central Air Water Source: Master Meter Sewer: Sewer - Public Electric: APS; SRP Gas: SW Gas Parking Features: 1 Space/Unit Road Access Type: Alley; City Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner; Projected Proforma Lockbox Type: Combo Existing 1st Loan: Private New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
Listing Office: HomeSmart
IDX
Last Updated: April - 16 - 2026
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