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Turnkey Four-Plex Investment
For Sale
$1,000,000
Pending

3202 N 67TH Place, Scottsdale, AZ 85251

Updated block four-plex with a diversified unit mix and recent major improvements, ready for new ownership.

Property SizeContact for details
Days on Market78

Property Features for 3202 N 67TH Place

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Business Included Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,291

Building Details

Year Built 1957
Tenancy Multi
Listing Agency: SERHANT.
Listed By: Kevin Owens · License #SA628414000
Source: Exitrealty
Added: Jun 10 Changed: Aug 8 Last Checked: Aug 1 at 9:08AM

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 SERHANT.

Investment Insights

Based on property information with market context.

This turnkey four-plex is block construction and has been well maintained and updated throughout. The unit mix includes one studio, one 1-bedroom, and two 2-bedroom units, creating a diversified residential offering. Ownership has invested in a range of improvements over the years, including updated interiors, laundry room renovations, multiple HVAC replacements, roof improvements, water heater replacements, plumbing updates, and window replacements. Additional work includes parking lot and patio area resurfacing.

The property is located just minutes from Old Town Scottsdale, placing it near Scottsdale’s dining, shopping, entertainment, and employment centers. It also includes a dedicated laundry area and on-site parking/patio improvements that support day-to-day tenant convenience.

For buyers seeking a four-unit residential income property with visible capital upgrades and a practical mix of unit types, this asset offers a streamlined path to ownership. The property is described as move-in ready for new operators, and furniture is available through a separate bill of sale for added flexibility depending on the operating plan.

Key Highlights

  • Four‑plex built in 1957 with 1 studio, 1 one‑bedroom, and 2 two‑bedroom units
  • Updated block construction property with ownership improvements to support ongoing maintenance
  • Laundry room renovations plus multiple HVAC replacements

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Grooming Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,692
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated block four-plex with a diversified unit mix and recent major improvements, ready for new ownership.
Where is this quadplex located?
The property is located at 3202 N 67TH Place Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four‑plex built in 1957 with 1 studio, 1 one‑bedroom, and 2 two‑bedroom units; Updated block construction property with ownership improvements to support ongoing maintenance; Laundry room renovations plus multiple HVAC replacements
More about this property
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