Ground-Floor
7575 E INDIAN BEND Road 1100, Scottsdale, AZ 85250
For Sale
$375,000
Recent interior updates include refreshed paint, new bedroom flooring, and replacement kitchen appliances.
Property Size1,073 SF
Price / SF$349.49
Days on Market550
Property Features for 7575 E INDIAN BEND Road 1100
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fireplace
private patio
pool
spa
clubhouse
pool table
greenbelt walkways
Building Details
Building Size
Year Built
Listing Agency:
M & I Realty LLC
Listed By:
Mariam Yousef · License AZ BR046773000
(480) 626-0968
Source:
Inspiredrealestatelife
Added: May 9, 2025
Changed: Nov 8
Last Checked: Nov 9 at 7:22AM
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 M & I Realty LLC
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Investment Insights
Based on property information with market context.
This 1,073-square-foot ground-floor condominium was built in 1994 and has two bedrooms and two bathrooms. Its interior includes a living area with a fireplace and a private patio. Recent work includes fresh paint throughout, new flooring in both bedrooms, and a kitchen upgrade with new appliances.
Community amenities include a pool, spa, clubhouse with a pool table, and greenbelt walkways. Restaurants and shopping areas are within walking distance, and Old Town Scottsdale is a short drive away.
Community amenities include a pool, spa, clubhouse with a pool table, and greenbelt walkways. Restaurants and shopping areas are within walking distance, and Old Town Scottsdale is a short drive away.
Key Highlights
- 1,073‑square‑foot condominium with 2 bedrooms and 2 bathrooms
- Ground‑floor home with a private patio and fireplace
- Kitchen upgraded with new appliances; new flooring in both bedrooms and fresh paint throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,415
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,300
$248.3K
Cap Rate 7%
$177,357
$177.4K
Cap Rate 9%
$137,944
$137.9K
Market Conditions
NOI Build-Up for 1,073 SF
Gross rent
$23.6K $21.96/SF
− Vacancy
−$990 −$0.92/SF
EGI
$22.6K $21.04/SF
− OpEx
−$10.2K −$9.47/SF
NOI
$12.4K $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%
$248,300
Cap Rate 7%
$177,357
Cap Rate 9%
$137,944
Alternative Uses
Best Use
Apartment 5plus
$177.4K
$155.2K – $206.9K
NOI $12,415 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$352.2K
$308.2K – $411.0K
NOI $24,657 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,188
Businesses Nearby
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Business Placement
Demographics for 85250, AZ
16,501
Population
10,066
Households
1.6
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
1,964
Density / Sq Mi
$89,133
Median Household Income
$65,984
Median Earnings
$1,762
Median Rent
$507,500
Median Home Value
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Market
Properties on Market for Residential income properties in Scottsdale
Frequently Asked Questions
What type of property is this?
Residential income property - Recent interior updates include refreshed paint, new bedroom flooring, and replacement kitchen appliances.
Where is this residential income property located?
The property is located at 7575 E INDIAN BEND Road 1100 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,073‑square‑foot condominium with 2 bedrooms and 2 bathrooms; Ground‑floor home with a private patio and fireplace; Kitchen upgraded with new appliances; new flooring in both bedrooms and fresh paint throughout
