Remodeled First-Floor
For Sale
$260,000
4610 N 68th Street #407, Scottsdale, AZ 85251
Remodeled first-floor condo with a private patio facing a large green area, plus furniture and kitchen items included.
Days on Market9
Property Features for 4610 N 68th Street #407
General Information
Standard status
Active
Property subtype
Apartment
Additional Details
Furnished
Yes
Amenities
pools
bbq areas
shuffle board
laundry facilities
Building Details
Building Size
702 SF
Year Built
1974
Listing Agency:
Realty ONE Group
(480) 717-7204
Listed By:
Celeste LaRocque-Wolfe
(480) 717-7204
Source:
Sunhaven-realestate
Added: Jul 25
Changed: Jul 26
Last Checked: Aug 2 at 2:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group
Investment Insights
Based on property information with market context.
This remodeled first-floor condo offers updated finishes throughout, including a remodeled kitchen and bathroom, new flooring throughout, and interior paint completed in June 2025. The home features a quiet patio that faces a large green area. Furniture and kitchen items convey, making the unit move-in ready.
The condo is located across the street from Fashion Square Mall and just down the street from Old Town Scottsdale. Within the community, residents can enjoy four pools, BBQ areas, shuffleboard, and well-kept landscaping, along with on-site laundry facilities. The unit is steps away from one pool and one laundry area. Parking includes assigned covered parking plus guest parking for visitors.
The condo is located across the street from Fashion Square Mall and just down the street from Old Town Scottsdale. Within the community, residents can enjoy four pools, BBQ areas, shuffleboard, and well-kept landscaping, along with on-site laundry facilities. The unit is steps away from one pool and one laundry area. Parking includes assigned covered parking plus guest parking for visitors.
Key Highlights
- Remodeled first‑floor condo with private patio facing a large green area
- Kitchen and bathroom remodeled; flooring throughout updated; interior painted June 2025
- Furniture and kitchen items convey
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.4k | $21.96 |
| − Vacancy | −$647 | −$0.92 |
| EGI | $14.8k | $21.04 |
| − OpEx | −$6.6k | −$9.47 |
| NOI | $8.1k | $11.57 |
702 SF · lease $21.96/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$116.0K
$101.5K – $135.4K
NOI $8,123 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$230.4K
$201.6K – $268.9K
NOI $16,131 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,396
Businesses Nearby
Explore this area
Business Placement
Demographics for 85251, AZ
40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Remodeled first-floor condo with a private patio facing a large green area, plus furniture and kitchen items included.
Where is this multifamily property located?
The property is located at 4610 N 68th Street #407 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Remodeled first‑floor condo with private patio facing a large green area; Kitchen and bathroom remodeled; flooring throughout updated; interior painted June 2025; Furniture and kitchen items convey
