2620 N 72ND Place Scottsdale, AZ $ 900,000
2620 N 72ND Place
$ 900,000
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2620 N 72ND Place

Scottsdale, AZ, 85257
$ 900,000
Baths0.0

Monthly Estimate*

$ 5,541

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Studio

Multi-Family Home for sale in Scottsdale, AZ

for $900,000. This home was built in 1971.

Located in the heart of a quiet, fully residential South Scottsdale neighborhood right by Old Town, 2614 & 2620 N 72nd Place offers a rare boutique multifamily opportunity to buy a single-story triplex with an amazing unit mix. With 3-5% down, the property could also be purchased with a first-time home buyer's loan, allowing a buyer to live in an amazing location while saving a significant mortgage payment. Two identical triplexes available. 2,807 SF each, Amazing unit mix of (1) 3-bed/2-bath, (1) 2-bed/2-bath, and (2) 2-bed/1-bath units averaging ~936 SF. One of the most desirable mixes available in this submarket. Currently 100% leased with rents below market, the value-add upside is clear. No HOA, private walled patios with pergolas throughout, and 2+ parking spaces per unit.

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Multi-Family Pending

Price

$ 900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,156

Style

Multiple Dwellings

Year Built

1971

Town/City

Scottsdale

County/Region

Maricopa

MLS | Web ID

7002639

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s) Electric
Roof Composition
Zoning R-5
Construction Materials Wood Frame Painted Adobe
Year Built 1971
Electric APS SRP
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 102258.0
Community Features No Pool
County Maricopa
Net Operating Income 76408.0
Operating Expense 24546.0
Insurance Expense 5400.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 6660.0
Subdivision Name JUANITA ''Y'' OLMO FRONTIER PLACE
Garage Y/N N
Status Pending
High School Coronado High School
City Scottsdale
Disclosures None
High School District Scottsdale Unified District
Open Parking Spaces 7.0
Number Of Units Total 3
Carport Y/N N
Elementary School Pima Elementary School
Tax Annual Amount 1156.0
Electric Expense 6210.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Elementary School District Scottsdale Unified District
Tax Lot 15
Cap Rate 8.49
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved >1 Space Per Unit On Street
Water Source City Franchise
Total Parking 7.0
Number of Buildings 1
Spa N
Lot Dimensions TBD
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2620
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* Excluded Features
List By
Orion Investment Real Estate

Broker

cody.leslie@orionprop.com

Email

Affordability Calculator

$5,638
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$96
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
4327034 Elementary School
4327324 Middle School
Coronado High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$900,000 Listed Price

Map


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2620 N 72ND Place, Scottsdale, AZ, 85257 is a Multi-Family Home for sale at $900,000. 2620 N 72ND Place is a studio with 0.0 baths and was built in 1971. The property's zip code is 85257 which is in Scottsdale, AZ