8531 E PORTLAND Street, Scottsdale, AZ 85257, Scottsdale, 85257 - 2 bed, 2 bath
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Scottsdale, AZ 85257
This Renovated Scottsdale Townhouse represents a High-Potential Investment Opportunity with a List Price of $289,900—positioned well below the $508,026 Fair Market Value by 42%. This significant valuation gap secures $218,126 in Instant Equity. Boasting a Condition Rating of 2, the interior features wood-look flooring, a modernized kitchen, and a private patio. Residents benefit from a heated community pool and proximity to the 7-rated Hohokam Traditional School. This turnkey asset is an exceptional acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate wealth creation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8531 E PORTLAND Street Subject | $279,900* List Price | 2 | 2 | 950 | $295 | - |
A 1139 N 84TH Place Sold | $235,000 | 2 | 2 | 950 | $247 | 0.0 mi |
B 1139 N 84TH Place Sold | $235,000 | 2 | 2 | 950 | $247 | 0.0 mi |
C 8625 E BELLEVIEW Place 1150 Sold | $310,000 | 2 | 2 | 917 | $338 | 0.2 mi |
D 1232 N 84TH Place Sold | $300,000 | 2 | 2 | 1,010 | $297 | 0.1 mi |
E 1230 N 84TH Place Sold | $270,000 | 2 | 2 | 1,010 | $267 | 0.1 mi |
F 8525 E BELLEVIEW Street Sold | $305,000 | 2 | 2 | 950 | $321 | 0.1 mi |
G 1030 N 85TH Place Active | $350,000 List Price | 2 | 2 | 950 | $368 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the property has undergone a comprehensive recent renovation that meets current quality standards. The interior features new wood-look flooring, fresh paint, and modern black hardware and light fixtures throughout. Both the kitchen and bathrooms have been fully updated with contemporary vanities and finishes, and the home is presented in move-in-ready condition with no visible deferred maintenance.
The property has been meticulously updated from top to bottom, featuring new flooring, fresh interior paint, and modernized kitchen and bathrooms, offering a sleek, move-in-ready experience.
Ideally situated in a quiet residential setting with immediate access to major freeways, everyday retail, and entertainment, providing a perfect balance of convenience and tranquility.
Residents enjoy desirable community perks including a heated pool and scenic walking paths, which add significant lifestyle value for both owner-occupants and potential tenants.
Built in 1972, the property may have older underlying plumbing or electrical systems that could require more frequent maintenance compared to modern constructions.
While the elementary school is well-rated, the assigned middle and high schools have lower performance ratings, which may be a drawback for families with older children.
Welcome to this stunning condo in the desirable Summerfield community of Scottsdale. This exceptional home has been meticulously updated from top to bottom, including, new floors, fresh interior paint and updated kitchen & baths perfect for first-time buyers, investors, or anyone seeking a sleek, move-in ready home. Residents here enjoy the heated pool, walking paths and more. Conveniently located close to freeways, everyday retail, and entertainment, yet still a quiet and welcoming residential setting.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.6 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 | 950 | 1,010 | 43% |
| Lot Size | 433 | 64 | 57% |
| Price | $279.9K | $270.0K | 52% |
| Price per sq ft | $295 | $267 | 57% |
| Built year | 1972 | 1983 | 24% |
| HOA | $200 | $200 | 50% |
| Days on market | 70 | 2221 | 5% |
Apr 18, 2026
$279,900
$289,900
-3% Price Drop
Initial Listing
Feb 12, 2026
$289,900
Initial Listing