
Scottsdale, AZ 85251
This Prime Investment Opportunity is listed at a List Price of $329,000, positioned well below the $337,205 Fair Market Value by 2%. This valuation gap offers $8,205 in Instant Equity. Featuring a Mint Condition Rating with a 2022 remodel and 2026 HVAC/plumbing upgrades, this Turnkey Airbnb Asset is optimized for immediate rental income. Located steps from Old Town Scottsdale, it offers high-demand walkability. This property is an ideal acquisition for Buy-and-Hold Investors or short-term rental operators seeking a low-maintenance, high-yield property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6936 E 4TH Street 18 Subject | $329,000* List Price | 2 | 1 | 884 | $381 | - |
A 3309 N 70TH Street 102 Sold | $375,000 | 2 | 2 | 1,022 | $367 | 0.3 mi |
B 3309 N 70TH Street 112 Active | $389,000 List Price | 2 | 2 | 1,022 | $381 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive remodel in 2022 (within the <5y reno window), featuring a modern kitchen, updated bath, and new flooring. All major systems have been recently replaced, including a brand-new HVAC system (2026) and a full plumbing/sewer upgrade (2023-2026), placing it in mint, turnkey condition.
The property is situated within walking distance to Old Town Scottsdale, Fashion Square, and Giants Spring Training, making it an ideal high-demand location for short-term rentals and urban living.
Significant capital improvements including a brand-new AC system (2026), fully replaced plumbing lines (2026), and a professional sewer liner (2023) provide peace of mind and reduced maintenance costs.
A comprehensive 2022 remodel featuring a new kitchen, bathroom, and flooring ensures the home is move-in ready and optimized for immediate use as a high-end Airbnb.
The $450 monthly association fee is relatively high for an 884-square-foot unit, which may impact the monthly cash flow and net ROI for potential investors.
The property is served by schools with ratings of 3 and 4, which may deter long-term owner-occupants or families prioritizing high-performing educational districts.
Turnkey Airbnb! Incredible Location within walking distance to Old Town, Giants Spring Training, Fashion Square and everything Downtown Scottsdale has to offer! Thoughtfully designed remodel in 2022 featuring new kitchen, bath, flooring and finishess throughout the home. Complete plumbing system upgrade including replacement of all plumbing lines and a new main water supply line installed earlier this year in 2026. Sewer line upgraded with a professionally installed acrylic liner in 2023. Brand New air conditioning system installed May 2026 for added comfort and efficiency. Spend your weekends relaxing in the community pool. Low maintenance living in one of the most desirable areas of the valley! Make this yours today!
No exterior & parking available.
Grades 6-8 • 2.2 mi
Grades PK-8 • 2.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 884 | 1,454 | 3% |
| Lot Size | 87 | 1,729 | 3% |
| Price | $329.0K | $282.5K | 61% |
| Price per sq ft | $372 | $221 | 95% |
| Built year | 1958 | 1969 | 3% |
| HOA | $450 | $337 | 53% |
| Days on market | 16 | 2617 | 3% |
May 28, 2026
$329,000
Initial Listing