Well-Maintained Duplex with Covered
8444 E CORONADO Road Scottsdale, AZ 85257
8444 E CORONADO Road, Scottsdale, AZ, 85257
$715,000
For Sale
$715,000
Duplex offers two 2 bed, 2 bath units with private outdoor space and covered parking in Scottsdale.
Property Size2,052 SF
Lot Size0.14 Acres
Price / SF$348.44
Days on Market71
Property Features for 8444 E CORONADO Road
General Information
- Standard status
- Active
- Size
- 2,052 SF
- Lot size
- 0.14 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1963
Listing agency
Pak Home Realty
(480) 370-8501
Listed by
Shant Janesian · License #SA666455000
(480) 370-8501
Source
Exitrealty
Added: May 12 Updated: Jul 20 at 4:50PM Checked: Jul 21 at 6:21AM
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 Pak Home Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex features two spacious 2-bedroom, 2-bath units. Each unit is designed for single-level living with an open layout and includes quartz countertops, stainless steel appliances, and wood-style flooring. Both units also provide private outdoor space and covered parking, supporting straightforward day-to-day operations.
The property is located in South Scottsdale, just minutes from Old Town Scottsdale, ASU, Tempe, shopping, dining, and Sky Harbor Airport.
The duplex totals approximately 2,052 square feet and sits on a 6,200+ square foot lot, offering a practical income property configuration with the flexibility of renting both units or living in one while renting the other.
The property is located in South Scottsdale, just minutes from Old Town Scottsdale, ASU, Tempe, shopping, dining, and Sky Harbor Airport.
The duplex totals approximately 2,052 square feet and sits on a 6,200+ square foot lot, offering a practical income property configuration with the flexibility of renting both units or living in one while renting the other.
Key Highlights
- Duplex built in 1963 with two 2 bed, 2 bath units totaling approx. 2,052 sq ft
- Approx. 6,200+ sq ft lot with private outdoor space included for both units
- Each unit features an open layout with quartz countertops, stainless steel appliances, and wood‑style flooring
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $19.80 |
| − Vacancy | −$1.8k | −$0.89 |
| EGI | $38.8k | $18.91 |
| − OpEx | −$11.6k | −$5.67 |
| NOI | $27.2k | $13.24 |
2,052 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$388.0K
$339.5K – $452.7K
NOI $27,161 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$339.2K
$296.8K – $395.7K
NOI $23,743 @ 7.0% cap · market cap 3.32%
Theoretical Best
Retail
$673.6K
$589.4K – $785.9K
NOI $47,153 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offers two 2 bed, 2 bath units with private outdoor space and covered parking in Scottsdale.
Where is this duplex located?
The property is located at 8444 E CORONADO Road Scottsdale, AZ.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Duplex built in 1963 with two 2 bed, 2 bath units totaling approx. 2,052 sq ft; Approx. 6,200+ sq ft lot with private outdoor space included for both units; Each unit features an open layout with quartz countertops, stainless steel appliances, and wood‑style flooring
