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6638 E CHEERY LYNN Road Scottsdale, AZ $ 950,000
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6638 E CHEERY LYNN Road
$ 950,000
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6638 E CHEERY LYNN Road

Scottsdale, AZ, 85251
$ 950,000
Baths0.0

Monthly Estimate*

$ 5,849

6638 E CHEERY LYNN Road, Scottsdale, AZ 85251 - Image 1
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6638 E CHEERY LYNN Road, Scottsdale, AZ 85251 - Image 8
Studio

Multi-Family Home for sale in Scottsdale, AZ

for $950,000. This home was built in 1960.

This property is a 4-unit mixed-income housing community situated in Old Town Scottsdale. The property was built in 1958 and was later placed in service under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all 4 units to be rented to income qualifying residents earning no more than 50% and 60% of the Area Median Income (AMI) limits, which are provided by The Arizona Department of Housing. The low income restriction is set to expire in July 2027. The property offers a range in unit types with (1) large studio, (1) 1-bed / 1-bath units, and (2) 2-bed / 1-bath units. The studio has the layout ability to be converted into a 1-bed / 1-bath unit. Community amenities include a courtyard space and ample parking.

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Multi-Family Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,105

Style

Multiple Dwellings

Year Built

1960

Town/City

Scottsdale

County/Region

Maricopa

MLS | Web ID

6971991
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Composition
Zoning R-5
Construction Materials Painted Block
Year Built 1960
Electric Individual Meter
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 0.0
Community Features No Pool
County Maricopa
Net Operating Income 0.0
Operating Expense 1105.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name HOLIDAY PARK 2
Garage Y/N N
Status Active
City Scottsdale
Disclosures None
High School District Scottsdale Unified District
Open Parking Spaces 8.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 1105.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Scottsdale Unified District
Tax Lot 38
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Parking Features Paved <1 Space Per Unit
Water Source Master Meter City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 8545
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 6638
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* Excluded Features
List By
Abi Multifamily

Broker

mitchell.drake@abimultifamily.com

Email

Affordability Calculator

$5,941
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$92
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327690 Elementary School
4327324 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/21/2026 $950,000 Listed Price

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6638 E CHEERY LYNN Road, Scottsdale, AZ, 85251 is a Multi-Family Home for sale at $950,000. 6638 E CHEERY LYNN Road is a studio with 0.0 baths and was built in 1960. The property's zip code is 85251 which is in Scottsdale, AZ

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