3338 N 66TH Place, Scottsdale, AZ 85251 (MLS# 6361664)

3338 N 66TH Place, Scottsdale, AZ 85251

$1,525,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $1,525,000 Last Modified: 5/04/2026

Overview

Description

Four on 66th Place is an amazing opportunity in the heart of old town Scottsdale. This mid-century modern fourplex has vaulted ceilings, two 2 bedroom one bath units and two 1 bedroom one bath units. All tenants are currently month to month with rents ranging from 750 -1075. Market rents are 1750-2000 or turn into an AirBnB and bring in 2500-5000 each unit per month. Perfect value Two units have been updated in 2015 and 2017 with granite counter & cabinets. 2009 updated tubs bathroom surrounds. 2018 new landscape and partially covered patios for all units. 2017 new paint. Value add to finish remodeling and adding washer and dryer in each unit and potential to add covered parking.

Supplements: Onsite laundry room with leased laundry equipment month to month lease. Drive by only all facts and figures are approximate buyer verify MLS

Listing Details MLS# 6361664

Location, Tax & Legal

Map Code/Grid: P37
House Number: 3338
Compass: N
Street Name: 66TH
St Suffix: Place
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6139
Country: US
County Code: Maricopa
Subdivision: HOLIDAY PARK
Assessor Number: 130-47-105
Tax Year: 2021
Assessor's Map #: 47
Legal Description (Abbrev): LOT 61 HOLIDAY PARK MCR 007614
Assessor's Parcel #: 105
Add'l Parcels: No
Tax Municipality: Scottsdale
Census Tract: 217501
Taxes: 1257
Legal: LOT 61 HOLIDAY PARK MCR 007614
Marketing Name: Four on 66th Place

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 9473
Year Built: 1958
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 2
Zoning: UNKNOWN
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Other
Jr. High School: Other
High School: Other

Remarks Misc

Cross Street: OSBORN & 68TH STREET
Directions: WEST ON OSBORN. SOUTH ON 66TH PLACE.

Status Change Info

Off Market Date: 2022-04-21
Under Contract Date: 2022-03-03
Close of Escrow Date: 2022-04-21

Legal Info

Township: 2N
Range: 4E
Section: 27
Lot Number: 61

More Information

Income Expenses

Gross Annual Sch Inc: 88800
Net Operating Income: 77702

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1800
Avg SqFt: 630
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1900
Avg SqFt: 851
# Baths: Yes

Sold Info

Loan Type: Other
Loan Years: 30
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Four Plex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Built-Up: Yes
Rolled: Yes

Floors

Other: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 500
Annual Gas Exp: 482
Annual Ins Exp: 1900
Annual Land Lse Exp: 0
Annual Landscape Exp: 1200
Annual Legal & Acctg: 0
Annual Maint Exp: 2000
Annual Mgmt Exp: 0
Annual Trash Exp: 473
Annual Wtr/Swr Exp: 2000
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 9812
Other Income: 500
Vacancy Allowance: 0.02
Adjusted Gross Inc: 87514
Total Monthly Rental Income: 7400

Pmt & Rate Info

Cap Rate: 5.27
Down Payment: 0
Equity: 1475000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Showing Notification Methods

Text: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Amenities

Other (See Remarks): Yes

Interior Features

Other (See Remarks): Yes

Tenant Pays

Electricity: Yes

Appliances Included

Free-Standing Range: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Other: Yes

Electric

SRP: Yes

Gas

Other (See Remarks): Yes

Owner Pays

Landscaping: Yes

New Financing

Conventional: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Built-Up; Rolled Floors: Other Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: Free-Standing Range Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking Features: Other Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None

Listing Office: Grace CRE

Last Updated: May - 04 - 2026