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One-Bedroom Condominium
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4354 N 82nd Street #138, Scottsdale, AZ 85251

Community features include a pool, spa, exercise room, covered parking, and designated dog-walking areas.

Property Size790 SF
Days on Market58

Property Features for 4354 N 82nd Street #138

General Information

Standard status Active
Size 790 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Amenities

community pool and spa
workout room
covered parking
dog walking areas

Building Details

Building Size 790 SF
Year Built 1978
Stories 1
Listing Agency: Keller Williams Integrity First Realty
Listed By: Heather Openshaw
Source: Karolinakemski.kw
Added: Aug 21 Changed: Oct 16 Last Checked: Oct 16 at 2:07PM

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 Keller Williams Integrity First Realty

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Investment Insights

Based on property information with market context.

This one-bedroom condominium was built in 1978 and includes a patio overlooking green space. Residents have access to a community pool and spa, an exercise room, covered parking, and dog-walking areas.

The property is within walking distance of Old Town Scottsdale and near grocery stores, coffee shops, restaurants, shopping, and entertainment. The Indian School and Hayden Park system offers paved trails, lakes, grassy areas, and sports courts. Scottsdale Fashion Square, Camelback Park, and golf are also nearby.

Key Highlights

  • One‑bedroom condominium built in 1978
  • Patio faces a green space
  • Community pool, spa, and exercise room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,141
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,820 $182.8K
Cap Rate 7%
$130,586 $130.6K
Cap Rate 9%
$101,567 $101.6K
Market Conditions
NOI Build-Up for 790 SF
Gross rent
$17.3K $21.96/SF
− Vacancy
−$729 −$0.92/SF
EGI
$16.6K $21.04/SF
− OpEx
−$7.5K −$9.47/SF
NOI
$9.1K $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%
$182,820
Cap Rate 7%
$130,586
Cap Rate 9%
$101,567

Alternative Uses

Best Use
Apartment 5plus
$130.6K
$114.3K – $152.4K (±1% cap)
NOI $9,141 @ 7.0% cap · market cap 677.11%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$259.3K
$226.9K – $302.6K (±1% cap)
NOI $18,153 @ 7.0% cap · market cap 1,344.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Scottsdale Park Place ... Condominium Complex Model Machine Agency ... Advertising Agency Empowered And Awake With ... Training Center

Suggested Use

Top Pick Restaurant Food Market Grocery & Convenience Store Daycare Center Dental Office (Bike/Boat/Book/etc) Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

955
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Community features include a pool, spa, exercise room, covered parking, and designated dog-walking areas.
Where is this residential income property located?
The property is located at 4354 N 82nd Street #138 Scottsdale, AZ.
What are key features of this property?
This property features: One‑bedroom condominium built in 1978; Patio faces a green space; Community pool, spa, and exercise room
More about this property
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