
Scottsdale, AZ 85251
This Turnkey Short-Term Rental Asset is listed at $340,000, representing a stable and fair acquisition at its $340,000 Fair Market Value. Boasting a Condition Rating of 2, the interior features an extensively Updated Kitchen with White Shaker Cabinetry, stone countertops, and modern wood-look flooring. All furniture and equipment convey, allowing for immediate operation in a high-demand corridor near Fashion Square and Camelback Mountain. With access to the 8/10 Rated Hopi Elementary, this property perfectly balances lifestyle luxury with investment utility. It is an ideal match for Short-Term Rental Investors or Owner-Occupants seeking a maintenance-free urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4610 N 68TH Street 414 Subject | $340,000* List Price | 2 | 2 | 986 | $345 | - |
A 4848 N 73RD Street Sold | $390,000 | 2 | 2 | 1,075 | $363 | 0.7 mi |
B 4800 N 68TH Street 109 Sold | $320,000 | 2 | 2 | 1,315 | $243 | 0.3 mi |
C 4620 N 68TH Street 116 Active | $349,900 List Price | 2 | 2 | 986 | $355 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the property was originally built in 1974, it has undergone an extensive recent renovation that brings it up to modern standards. The kitchen is fully updated with white shaker-style cabinetry, stone countertops, and stainless steel appliances. The bathrooms feature contemporary vanities, updated lighting, and modern tile work. With consistent wood-look flooring, updated ceiling fans, and a turn-key interior, the property shows no signs of deferred maintenance and appears virtually new.
Situated in the heart of Scottsdale, this property is within walking distance to Fashion Square, luxury resorts, and world-class dining, ensuring high demand for both residents and travelers.
The property is sold fully furnished and equipped as a short-term rental, allowing for immediate cash flow and a seamless transition for investors without additional startup costs.
With a competitive list price and a relatively low monthly association fee of $238, this unit offers an attractive entry point into the 85251 zip code with strong ROI potential.
Built in 1974, the property may require more ongoing maintenance or future capital improvements to aging infrastructure compared to newer developments in the area.
At 986 square feet for a two-bedroom, two-bathroom configuration, the interior living space may feel restrictive for long-term occupants or those preferring a more open layout.
Amazing investment opportunity in the heart of Scottsdale. Literally a few minutes walk to Fashion Square, the world renowned Phoenician Resort, Camelback Mtn, countless restaurants, shopping, art galleries, golf, hiking trails, spas, spring training facilities and more. This is a turn key short term rental (all furniture and equipment convey).
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 986 | 1,547 | 5% |
| Lot Size | 538 | 1,729 | 30% |
| Price | $340.0K | $295.0K | 63% |
| Price per sq ft | $345 | $222 | 82% |
| Built year | 1974 | 1969 | 64% |
| HOA | $238 | $450 | 23% |
| Days on market | 532 | 2230 | 23% |
Nov 6, 2024
$340,000
Initial Listing