$1,100,000

6702 E CHEERY LYNN Road, Scottsdale, AZ 85251

Multi-Family Home
Built in 1969
—— sqft lot
—— car garage
$——/sqft
Listed 20 days ago

Property Description

Please note this property's low income restriction is set to expire on March 9, 2026. 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 all (4) 2-bed / 1-bath units. Community amenities include a courtyard space and ample parking.

Listing Status:: Active
Date Added:: January 16, 2026
Data Last Updated:: February 11, 2026 at 12:09PM
Listing Office:: ABI Multifamily : 602-714-1400
Listing Agent:: Mitchell Drake : 602-714-1289
MLS ID:: 6971977

Flooring: Other
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-513047084

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

Echo Canyon School

4330 N 62nd St, Scottsdale, AZ, 85251

Grades PK-8

1.23 miles away

Echo Canyon School

4330 N 62nd St, Scottsdale, AZ, 85251

Grades PK-8

1.23 miles away

Coronado High School

7501 E Virginia Ave, Scottsdale, AZ, 85257

Grades 9-12

1.19 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.