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 low income restriction is set to expire in July 2027. The property offers a range in unit types with (1) large studio, (1) 1-bed / 1-bath units, and (2) 2-bed / 1-bath units. The studio has the layout ability to be converted into a 1-bed / 1-bath unit. Community amenities include a courtyard space and ample parking.
For sale
$950,000
6638 E CHEERY LYNN Road, Scottsdale, AZ 85251
5beds
3baths
2,832sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$335/sqft
$-- HOA
What's special
- 56 days |
- 443 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: January 21, 2026 at 11:02am
Listed by:
Mitchell Drake 602-714-1289,
ABI Multifamily
Source: ARMLS,MLS#: 6971991
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Free-Standing Electric Oven
Features
- Flooring: Tile
Interior area
- Total structure area: 2,832
- Total interior livable area: 2,832 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved, <1 Space Per Unit
- Uncovered spaces: 8
Lot
- Size: 8,545 Square Feet
- Dimensions: 8545
Details
- Parcel number: 13047082
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1960
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: $335/sqft
- Tax assessed value: $786,200
- Annual tax amount: $1,105
- Date on market: 1/17/2026
- Cumulative days on market: 51 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 | $950,000+41.6%$335/sqft |
Source:  ARMLS #6971991 Report a problem | ||
| 12/20/2017 | Sold | $671,000-11.7%$237/sqft |
Source: Public Record Report a problem | ||
| 5/7/2013 | Listing removed | $629 |
Source: Zillow Rental Network Report a problem | ||
| 4/14/2013 | Listed for rent | $629 |
Source: Zillow Rental Network Report a problem | ||
| 9/15/2005 | Sold | $760,000+206.5%$268/sqft |
Source: ARMLS #2333900 Report a problem | ||
| 11/12/2003 | Sold | $248,000+37.8%$88/sqft |
Source: ARMLS #2031760 Report a problem | ||
| 6/13/2002 | Sold | $180,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,074 +4.4% | $78,620 -6.1% |
| 2024 | $1,029 +1.1% | $83,705 +502.4% |
| 2023 | $1,018 +2.3% | $13,896 -64.5% |
| 2022 | $995 -5.2% | $39,190 +19.3% |
| 2021 | $1,049 +2.8% | $32,840 +18.9% |
| 2020 | $1,021 +3.6% | $27,610 +25.5% |
| 2019 | $985 | $22,000 +10.4% |
| 2018 | $985 +4.1% | $19,920 +9.6% |
| 2017 | $946 +792.4% | $18,170 +8.8% |
| 2016 | $106 -5.7% | $16,700 +7.3% |
| 2015 | $112 | $15,560 +30.2% |
| 2014 | -- | $11,950 +50.1% |
| 2013 | -- | $7,960 -3.7% |
| 2012 | -- | $8,270 -13.7% |
| 2011 | -- | $9,580 -34.9% |
| 2010 | -- | $14,720 -39.9% |
| 2009 | -- | $24,480 -5.7% |
| 2008 | -- | $25,960 -35.3% |
| 2007 | -- | $40,100 +39.6% |
| 2006 | -- | $28,720 |
| 2005 | -- | $28,720 +90.2% |
| 2004 | -- | $15,099 |
| 2003 | -- | $15,099 +46% |
| 2002 | -- | $10,344 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,881/mo
Principal & interest
$4556
Property taxes
$325
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.
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