$950,000

6644 E CHEERY LYNN Road, Scottsdale, AZ 85251

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Please note the low income restriction is set to expire on July 6, 2027. 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 property offers a range in unit types with (1) large studio, (1) 1-bed / 1-bath unit, and (2) 2-bed / 1-bath units. The studio has the layout ability to be converted into a 1-bed / 1-bath unit. Amenities include private yards & community courtyard.

Listing Status:
Active
Date Added:
January 16, 2026
Data Last Updated:
February 11, 2026 at 7:06AM
Listing Office:
ABI Multifamily : 602-714-1400
Listing Agent:
Mitchell Drake : 602-714-1289
MLS ID:
6971987
  • A/C: Central Air
  • Heating: Central
  • Parking: Paved>1 Space Per UnitParking spaces: 8
  • Roofing: Composition
  • General: PaintedBlock
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Scottsdale Unified District
  • County: Maricopa
  • Zoning: R-513047083
  • Water: Master MeterCity Franchise
  • Sewer: Public Sewer
  • Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Mitchell Drake , ABI Multifamily

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Echo Canyon School

4330 N 62nd St, Scottsdale, AZ, 85251

Grades PK-8

1.21 miles away

E

Echo Canyon School

4330 N 62nd St, Scottsdale, AZ, 85251

Grades PK-8

1.21 miles away

C

Coronado High School

7501 E Virginia Ave, Scottsdale, AZ, 85257

Grades 9-12

1.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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