Residential Income Property with
9345 N 92ND Street 209, Scottsdale, AZ 85258
For Sale
$370,000
Furnishings convey, with access to shared pools, tennis courts and pickleball courts.
Property Size1,068 SF
Price / SF$320.35
Days on Market8
Property Features for 9345 N 92ND Street 209
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Furnished
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
swimming pools
jacuzzis
tennis courts
pickleball courts
Building Details
Building Size
Year Built
Listing Agency:
LISTED SIMPLY
Listed By:
Sinan Zakaria · License AZ #01948642
(800) 995-5879
Source:
Alexiabertsatos
Added: Nov 7
Changed: Nov 12
Last Checked: Nov 12 at 2:49PM
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 LISTED SIMPLY
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Investment Insights
Based on property information with market context.
Built in 1983, this furnished residential income property offers two bedrooms and two bathrooms across 1,155 square feet. Updates include fresh paint, contemporary lighting, quartz countertops in the kitchen and bathrooms, and a custom-tiled primary shower. Each bedroom opens to its own private balcony, and the unit includes a designated parking space. The furnishings are included in the sale.
Residents have access to three swimming pools with jacuzzis, tennis courts and four pickleball courts. The community connects to the Indian Bend Wash Greenbelt, which has paved walking and biking paths. The property is in Scottsdale near Loop 101, shopping and dining.
Residents have access to three swimming pools with jacuzzis, tennis courts and four pickleball courts. The community connects to the Indian Bend Wash Greenbelt, which has paved walking and biking paths. The property is in Scottsdale near Loop 101, shopping and dining.
Key Highlights
- Two‑bedroom, two‑bathroom residence with 1,155 square feet
- Built in 1983; updates include quartz counters and a custom‑tiled primary shower
- Two private balconies, one accessed from each bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,364
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,280
$267.3K
Cap Rate 7%
$190,914
$190.9K
Cap Rate 9%
$148,489
$148.5K
Market Conditions
NOI Build-Up for 1,155 SF
Gross rent
$25.4K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$24.3K $21.04/SF
− OpEx
−$10.9K −$9.47/SF
NOI
$13.4K $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%
$267,280
Cap Rate 7%
$190,914
Cap Rate 9%
$148,489
Alternative Uses
Best Use
Apartment 5plus
$190.9K
$167.1K – $222.7K
NOI $13,364 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$379.2K
$331.8K – $442.4K
NOI $26,541 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,512
Businesses Nearby
Explore this area
Business Placement
Demographics for 85258, AZ
25,203
Population
15,566
Households
1.6
Avg Household Size
55
Median Age
63%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
2,447
Density / Sq Mi
$105,171
Median Household Income
$68,184
Median Earnings
$1,945
Median Rent
$744,600
Median Home Value
Market
Properties on Market for Residential income properties in Scottsdale
Frequently Asked Questions
What type of property is this?
Residential income property - Furnishings convey, with access to shared pools, tennis courts and pickleball courts.
Where is this residential income property located?
The property is located at 9345 N 92ND Street 209 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom residence with 1,155 square feet; Built in 1983; updates include quartz counters and a custom‑tiled primary shower; Two private balconies, one accessed from each bedroom
