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Furnished One-Bedroom Condo
For Sale
$298,000

7625 E CAMELBACK Road B139, Scottsdale, AZ 85251

Private patio, new HVAC, and community amenities support comfortable residential use in central Scottsdale.

Property Size752 SF
Days on Market75

Property Features for 7625 E CAMELBACK Road B139

General Information

Standard status Active
Size 752 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $405

Amenities

pool
spa
fitness center
recreation areas
covered parking
private patio

Building Details

Building Size 752 SF
Year Built 1971
Listing Agency: My Home Group Real Estate
Listed By: Julie Elaine Jarmiolowski · License #SA663654000
Source: Alexiabertsatos
Added: Aug 20 Changed: Oct 31 Last Checked: Nov 1 at 1:42PM

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 My Home Group Real Estate

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Investment Insights

Based on property information with market context.

This furnished one-bedroom, one-bath condominium offers a compact residential layout with a private patio and a brand-new HVAC system. The community includes a swimming pool, spa, fitness center, recreation and gathering areas, covered parking, mature landscaping, and open courtyards. Built in 1971, the property combines an established setting with updated mechanical equipment.

The condominium is located at 7625 E CAMELBACK Road B139 in Scottsdale, near Old Town dining, shopping, nightlife, galleries, and entertainment. Scottsdale Fashion Square, the Waterfront, recreational opportunities, and everyday conveniences are also nearby, providing access to a broad range of services and activities from the property.

Key Highlights

  • Furnished one‑bedroom, one‑bath condominium
  • Brand‑new HVAC system
  • Private patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,701
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,020 $174.0K
Cap Rate 7%
$124,300 $124.3K
Cap Rate 9%
$96,678 $96.7K
Market Conditions
NOI Build-Up for 752 SF
Gross rent
$16.5K $21.96/SF
− Vacancy
−$694 −$0.92/SF
EGI
$15.8K $21.04/SF
− OpEx
−$7.1K −$9.47/SF
NOI
$8.7K $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%
$174,020
Cap Rate 7%
$124,300
Cap Rate 9%
$96,678

Alternative Uses

Best Use
Apartment 5plus
$124.3K
$108.8K – $145.0K (±1% cap)
NOI $8,701 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$246.9K
$216.0K – $288.0K (±1% cap)
NOI $17,280 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,231
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

Frequently Asked Questions

What type of property is this?
Residential income property - Private patio, new HVAC, and community amenities support comfortable residential use in central Scottsdale.
Where is this residential income property located?
The property is located at 7625 E CAMELBACK Road B139 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Furnished one‑bedroom, one‑bath condominium; Brand‑new HVAC system; Private patio
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