For sale

$1,100,000

6702 E Cheery Lynn Rd, Scottsdale, AZ 85251

8beds

1baths

3,200sqft

Est.:

Multi Family

Built in 1969

-- sqft lot

$-- Zestimate^®

$344/sqft

$-- HOA

What's special

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.

16 days

184

5

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: 1/16/2026
Listing terms: Conventional
Ownership: Fee Simple
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

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