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.
For sale
$1,100,000
6702 E CHEERY LYNN Road, Scottsdale, AZ 85251
8beds
1baths
3,200sqft
Est.:
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$344/sqft
$-- HOA
What's special
- 69 days |
- 364 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: January 21, 2026 at 10:45am
Listed by:
Mitchell Drake 602-714-1289,
ABI Multifamily
Source: ARMLS,MLS#: 6971977
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Free-Standing Electric Oven
Features
- Flooring: Other
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved, >1 Space Per Unit
- Uncovered spaces: 8
Lot
- Size: 8,538 Square Feet
- Dimensions: 8538
Details
- Parcel number: 13047084
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1969
Utilities & green energy
- Electric: Individual Meter
- Sewer: Public Sewer
- Water: Master Meter, City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: HOLIDAY PARK 2
Location
- Region: Scottsdale
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $963,500
- Annual tax amount: $1,440
- Date on market: 1/17/2026
- Cumulative days on market: 64 days
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Listed for sale | $1,100,000+1157.1%$344/sqft |
Source:  ARMLS #6971977 Report a problem | ||
| 4/12/2023 | Sold | $87,500-89.2%$27/sqft |
Source: Public Record Report a problem | ||
| 12/27/2021 | Sold | $812,500+143.6%$254/sqft |
Source: Public Record Report a problem | ||
| 12/20/2017 | Sold | $333,500+353.8%$104/sqft |
Source: Public Record Report a problem | ||
| 7/26/2013 | Listing removed | $619 |
Source: Zillow Rental Network Report a problem | ||
| 7/10/2013 | Listed for rent | $619+1.6% |
Source: Zillow Rental Network Report a problem | ||
| 5/17/2013 | Listing removed | $609 |
Source: Zillow Rental Network Report a problem | ||
| 5/5/2013 | Price change | $609-1.8% |
Source: Zillow Rental Network Report a problem | ||
| 4/27/2013 | Listed for rent | $620 |
Source: Zillow Rental Network Report a problem | ||
| 1/18/2013 | Sold | $73,486-71.7%$23/sqft |
Source: Public Record Report a problem | ||
| 11/1/2003 | Sold | $260,000+10.6%$81/sqft |
Source: ARMLS #1972113 Report a problem | ||
| 1/15/2003 | Sold | $235,000+104.3%$73/sqft |
Source: ARMLS #1879493 Report a problem | ||
| 6/12/1997 | Sold | $115,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,400 +4.4% | $96,350 -4.4% |
| 2024 | $1,341 +1.1% | $100,800 +456.7% |
| 2023 | $1,326 +2.3% | $18,108 -61.5% |
| 2022 | $1,297 -5.2% | $47,000 +19.7% |
| 2021 | $1,367 +2.8% | $39,280 +18.4% |
| 2020 | $1,330 +3.6% | $33,170 +25.4% |
| 2019 | $1,284 | $26,450 +10.2% |
| 2018 | $1,284 +4.1% | $24,000 +6.8% |
| 2017 | $1,233 +7% | $22,470 +11.6% |
| 2016 | $1,152 -6.6% | $20,130 +8.3% |
| 2015 | $1,233 | $18,580 +15.9% |
| 2014 | -- | $16,030 -5.3% |
| 2010 | -- | $16,930 -39% |
| 2009 | -- | $27,750 -6.6% |
| 2008 | -- | $29,720 +14.1% |
| 2007 | -- | $26,050 +44.3% |
| 2006 | -- | $18,050 |
| 2005 | -- | $18,050 +27.6% |
| 2004 | -- | $14,150 |
| 2003 | -- | $14,150 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,049/mo
Principal & interest
$5673
Property taxes
$376
More affordability tools
Climate risks
Neighborhood: 85251
Nearby schools
GreatSchools rating
- 9/10Tavan Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 6/10Ingleside Middle SchoolGrades: 6-8Distance: 1.6 mi
- 9/10Arcadia High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- District: Scottsdale Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 85251
- Arizona
- Maricopa County
- Scottsdale
- 85251
- 6702 E CHEERY LYNN Road
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