This offering presents a rare opportunity to acquire a 15-unit multifamily asset located in a highly desirable Scottsdale submarket near Old Town, Arcadia, and major employment corridors. Situated on a sizable fee simple parcel, the property offers investors the ability to capitalize on strong in-place rental income while executing a value-add strategy through renovations and operational improvements. The asset consists of a well-located apartment community with significant upside potential through unit upgrades, rental increases, and improved management efficiencies. With continued popu
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current five-or-more-bedroom homes in Scottsdale. Its asking price falls near the 58th percentile of that active group. The comparison uses 509 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 26 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $233,000, and the median is $255 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 3314 N 68TH Street 148W, Scottsdale, AZ 85251 | Aug 7, 2026 | 2 bd · 932 sqft | $235,000 | 0.1 mi |
| 3313 N 68TH Street 211, Scottsdale, AZ 85251 | Jun 1, 2026 | 2 bd · 932 sqft | $195,000 | 0.2 mi |
| 3313 N 68TH Street 136, Scottsdale, AZ 85251 | May 6, 2026 | 1 bd · 696 sqft | $165,000 | 0.2 mi |
| 3313 N 68TH Street E137, Scottsdale, AZ 85251 | Aug 7, 2026 | 1 bd · 696 sqft | $180,000 | 0.3 mi |
| 6849 E OSBORN Road C, Scottsdale, AZ 85251 | Sep 16, 2026 | 3 bd · 1,496 sqft | $449,000 | 0.3 mi |
| 6700 E THOMAS Road 71, Scottsdale, AZ 85251 | Jul 22, 2026 | 2 bd · 1,100 sqft | $231,000 | 0.3 mi |
| 6833 E OSBORN Road D, Scottsdale, AZ 85251 | Aug 11, 2026 | 2 bd · 1,120 sqft | $377,000 | 0.3 mi |
| 6825 E OSBORN Road F, Scottsdale, AZ 85251 | Oct 15, 2026 | 2 bd · 1,424 sqft | $392,000 | 0.3 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Scottsdale homes for sale · See the Scottsdale market report