Two-Bedroom Scottsdale
For Sale
$249,000
3313 N 68TH Street #203, Scottsdale, AZ 85251
A gated community setting includes a pool, barbecue area, and shared outdoor grounds.
Property Size932 SF
Price / SF$267.17
Days on Market15
Property Features for 3313 N 68TH Street #203
General Information
Standard status
Active
Size
932 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
gated community
pool
BBQ area
common grounds
Building Details
Year Built
1971
Listing Agency:
eXp Realty
(888) 897-7821
Listed By:
Sophia Satow · License #SA699033000
(602) 544-6587
Source:
Kathrynthomas
Added: Oct 16
Changed: Oct 28
Last Checked: Oct 28 at 2:45PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This second-floor condominium has two bedrooms, two bathrooms, and an open great-room layout connected to a covered balcony. The kitchen features granite countertops, updated cabinetry, and stainless-steel appliances. New dual-pane windows and updated window coverings are also included. The building dates to 1971, and the residence is listed at 932 in property size.
At 3313 N 68th Street #203, the home is in Old Town Scottsdale and offers views of Camelback Mountain. Community amenities include a pool, barbecue area, and shared grounds. Restaurants, shops, nightlife, the Riverwalk, spring training, and public transportation are nearby.
At 3313 N 68th Street #203, the home is in Old Town Scottsdale and offers views of Camelback Mountain. Community amenities include a pool, barbecue area, and shared grounds. Restaurants, shops, nightlife, the Riverwalk, spring training, and public transportation are nearby.
Key Highlights
- Two bedrooms and two bathrooms in a second‑floor condo
- Open great‑room layout with access to a covered balcony
- Kitchen has granite countertops, updated cabinetry, and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,784
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,680
$215.7K
Cap Rate 7%
$154,057
$154.1K
Cap Rate 9%
$119,822
$119.8K
Market Conditions
NOI Build-Up for 932 SF
Gross rent
$20.5K $21.96/SF
− Vacancy
−$860 −$0.92/SF
EGI
$19.6K $21.04/SF
− OpEx
−$8.8K −$9.47/SF
NOI
$10.8K $11.57/SF
Area
Scottsdale, AZ
Vacancy
4.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,680
Cap Rate 7%
$154,057
Cap Rate 9%
$119,822
Alternative Uses
Best Use
Apartment 5plus
$154.1K
$134.8K – $179.7K
NOI $10,784 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$305.9K
$267.7K – $356.9K
NOI $21,416 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,344
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
Frequently Asked Questions
What type of property is this?
Residential income property - A gated community setting includes a pool, barbecue area, and shared outdoor grounds.
Where is this residential income property located?
The property is located at 3313 N 68TH Street #203 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in a second‑floor condo; Open great‑room layout with access to a covered balcony; Kitchen has granite countertops, updated cabinetry, and stainless‑steel appliances
