Search
5-Unit Apartment Building
For Sale
$1,050,000

3319 N 66TH Street, Scottsdale, AZ 85251

Multiple Dwellings, Scottsdale, AZ

Property Size3,200 SF
Lot Size0.18 Acres
Price / SF$328.13
Days on Market176

Property Features for 3319 N 66TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-5
Bedrooms 5
Bathrooms 25
Full bathrooms 25
Rooms Bathroom 20, Bathroom 24, Bathroom 12, Bathroom 6, Bathroom 1, Bedroom 5, Bathroom 22, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 5, Bathroom 7, Bathroom 16, Bathroom 25, Bathroom 14, Bathroom 9, Bathroom 19, Bedroom 1, Bedroom 4, Bathroom 15, Bathroom 23, Bathroom 17, Bathroom 21, Bathroom 8, Bathroom 10, Bathroom 18, Bathroom 11, Bathroom 13, Bedroom 3, Bedroom 2
Appliances Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave
Subdivision Holiday Park
Elementary school Tavan Elementary School
Middle school Ingleside Middle School
High school Arcadia High School
Elementary school district Scottsdale Unified District
Middle school district Scottsdale Unified District
High school district Scottsdale Unified District
Standard status Active
APN 130-47-149
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 32 IMPERIAL MANOR MCR 007530
Tax Annual Amount 1616
Legal Description LOT 32 IMPERIAL MANOR MCR 007530

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Natural Gas, Forced Air
Cooling system Ceiling Fan(s), Electric

Amenities

covered parking
on-site laundry

Building Details

Year built 1959
Number of units 5
Flooring type Laminate, Tile
Building materials Painted, Stucco, Block
Roof type Composition
Listing Agency: HomeSmart
Listed By: Cody Stein · License #SA713525000
Added: Apr 15 Changed: Oct 6 Last Checked: Oct 7 at 2:06AM
MLS# 7014563

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1959, this five-unit apartment property contains approximately 3,200 square feet on an 8,000-square-foot lot. The building has covered parking and on-site laundry, with tile and laminate flooring. Appliances include a dishwasher, refrigerator, electric oven, and microwave. Heating is provided by forced air, natural gas, and a heat pump; cooling includes electric systems and ceiling fans. The property is served by public sewer and has R-5 zoning.

The site is directly across from Paiute Park and near Old Town Scottsdale. The property is located at 3319 N 66th Street in Scottsdale.

Key Highlights

  • Five‑unit apartment property built in 1959
  • Approximately 3,200 SF of building area on an 8,000 SF lot
  • Covered parking and on‑site laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,026
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,520 $740.5K
Cap Rate 7%
$528,943 $528.9K
Cap Rate 9%
$411,400 $411.4K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$70.3K $21.96/SF
− Vacancy
−$3.0K −$0.92/SF
EGI
$67.3K $21.04/SF
− OpEx
−$30.3K −$9.47/SF
NOI
$37.0K $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%
$740,520
Cap Rate 7%
$528,943
Cap Rate 9%
$411,400

Alternative Uses

Best Use
Apartment 5plus
$528.9K
$462.8K – $617.1K (±1% cap)
NOI $37,026 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.05M
$919.2K – $1.23M (±1% cap)
NOI $73,533 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Electrical Service Locksmith Computer & Electronic Repair Auto Parts Store Pet Grooming 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,217
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Covered parking and on-site laundry support the property’s residential configuration.
Where is this apartment building located?
The property is located at 3319 N 66TH Street Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Five‑unit apartment property built in 1959; Approximately 3,200 SF of building area on an 8,000 SF lot; Covered parking and on‑site laundry
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again