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    Scottsdale Multifamily Investment Opportunity Title is generated by Realmo AI

    6638 East Cheery Lynn Road, Scottsdale, AZ 85251

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    For Sale
    $950,000

    Four-unit mixed-income property in Old Town Scottsdale.

    Type:Multiple Dwellings
    Added:
    Dec 17, 2025
    Days on Market:
    171
    Last Refresh:
    Mar 13 at 4:48 pm

    Property Features for 6638 East Cheery Lynn Road

    General Information

    Standard status
    Active
    Property subtype
    Multiple Dwellings

    Building Details

    Year Built
    1960

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    Listing Contact
    Mitchell Drake

    Listing agent Mitchell Drake License #SA675761000

    Listing office ABI Multifamily

    Listing date Dec 17, 2025

    Source Compass

    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 ABI Multifamily

    HighLights

    • Prime Old Town Scottsdale location
    • Four‑unit mixed‑income housing community
    • Unit mix includes studio, 1‑bed, and 2‑bed options
    • Studio unit has potential for conversion to a 1‑bed unit
    • Ample parking available
    • Courtyard space for residents

    Overview

    This four-unit mixed-income housing community is located in Old Town Scottsdale. Constructed in 1958, the property operates under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. A regulatory agreement mandates that all four units be rented to income-qualifying residents earning no more than 50% and 60% of the Area Median Income (AMI) limits, as defined by The Arizona Department of Housing. This low-income restriction is scheduled to expire in July 2027. The property includes one large studio, one one-bedroom, one-bathroom unit, and two two-bedroom, one-bathroom units. The studio layout allows for potential conversion into a one-bedroom, one-bathroom unit. Community amenities feature a courtyard space and ample parking.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.937407
    Latitude
    33.4846845

    FAQs

    What type of property is this?
    Quadplex - Four-unit mixed-income property in Old Town Scottsdale.
    Where is this quadplex located?
    The property is located at 6638 East Cheery Lynn Road Scottsdale, AZ.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Prime Old Town Scottsdale location; Four‑unit mixed‑income housing community; Unit mix includes studio, 1‑bed, and 2‑bed options
    More about this property
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