5-Unit Apartment
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 Market175
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
(602) 230-7600
Listed By:
Cody Stein · License #SA713525000
(224) 769-0880
Added: Apr 15
Changed: Oct 6
Last Checked: Oct 6 at 9:06PM
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.
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
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
NOI $73,533 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,217
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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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
