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Quadplex With Private Yards
For Sale
$950,000

6644 East Cheery Lynn Road, Scottsdale, AZ 85251

Four-unit housing property with a varied unit mix and shared outdoor space in Old Town Scottsdale.

Property SizeContact for details
Days on Market258

Property Features for 6644 East Cheery Lynn Road

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning R-5

Units

Unit Mix 1 x large studio, 1 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,105

Amenities

private yards
community courtyard
Central Air
Central
Yes
0.0
Composition
No Pool
1
4
Painted, Block

Building Details

Year Built 1960
Listing Agency: ABI Multifamily
Listed By: Mitchell Drake · License #SA675761000
Source: Compass
Added: Dec 19, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:30PM

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

Investment Insights

Based on property information with market context.

This four-unit residential property includes one large studio, one one-bedroom, one-bath unit, and two two-bedroom, one-bath units. The studio layout can accommodate conversion to a one-bedroom, one-bath configuration. Private yards and a community courtyard provide outdoor areas for residents, while central air and central heating serve the property. The building is located at 6644 East Cheery Lynn Road in Scottsdale, within Old Town Scottsdale, and carries R-5 zoning.

The property was placed in service through the Section 42 Low-Income Housing Tax Credit program and remains subject to a regulatory agreement. All four units are designated for income-qualified residents at 50% and 60% of Area Median Income limits established by the Arizona Department of Housing. The current low-income restriction is scheduled to expire on July 6, 2027.

Key Highlights

  • Four‑unit property with one studio, one 1‑bed/1‑bath unit, and two 2‑bed/1‑bath units
  • Studio layout offers the ability to convert to a 1‑bed/1‑bath unit
  • Private yards plus a community courtyard

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Grooming Service Electrical 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,692
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit housing property with a varied unit mix and shared outdoor space in Old Town Scottsdale.
Where is this quadplex located?
The property is located at 6644 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: Four‑unit property with one studio, one 1‑bed/1‑bath unit, and two 2‑bed/1‑bath units; Studio layout offers the ability to convert to a 1‑bed/1‑bath unit; Private yards plus a community courtyard
More about this property
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