Listing MLS# 6854250 Scottsdale AZ Real Estate

Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Scottsdale AZ real estate, - Scottsdale real estate for sale, Scottsdale, AZ homes for sale and Scottsdale real estate and Scottsdale homes.

$7,190,000 Reduced -$400,000
000 E Polk-Kinderman-Augusta Street
Scottsdale, AZ 85257
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • 1986Year Built
  • 0.00Acres
  • 39 yearsEst Age
  • MLS# 6854250
  • Multifamily
  • Multiple Dwellings
  • Active

  • Approx Time on Market5 months, 24 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision N/A

Overview

2122-2124 W Augusta Ave, Phoenix, AZ 85021 (7 Units)✔ Two fully occupied parcels✔ Stable Rental Income:* All units are fully occupied, ensuring consistent cash flow✔ Residential Loan Potential: Can be purchased using two residential loans, offering favorable financing options✔ Extensive Renovations: Recent upgrades to HVAC, plumbing, electrical, flooring, and more✔ Upgraded Appliances:** New stainless steel appliances in all units (fridge, range, microwave, dishwasher)✔ Modern Bathrooms:** New vanities, toilets, shower valves, and tubs installed✔ Energy Efficiency: Replaced windows with energy-efficient models and upgraded roofing✔ Interior Upgrades: Fresh paint, new flooring, and modernized kitchens with quartz 2122-2124 W Augusta Ave, Phoenix, AZ 85021 (7 Units) Two fully occupied parcels Stable Rental Income:** All units are fully occupied, ensuring consistent cash flow Residential Loan Potential:** Can be purchased using two residential loans, offering favorable financing options Extensive Renovations:** Recent upgrades to HVAC, plumbing, electrical, flooring, and more Upgraded Appliances:** New stainless steel appliances in all units (fridge, range, microwave, dishwasher) Modern Bathrooms:** New vanities, toilets, shower valves, and tubs installed Energy Efficiency:** Replaced windows with energy-efficient models and upgraded roofing Interior Upgrades:** Fresh paint, new flooring, and modernized kitchens with quartz countertops Exterior Improvements:** Landscaped with gravel, artificial grass, and new wooden fences Prime Location:** Conveniently located near amenities, schools, and transportation hubs7602 E Polk St, Scottsdale, AZ 85257 (6 units) Fully Remodeled - Smooth stucco, tile backsplashes, and dual-pane windows Six Total Units - (4) 2BR/1BA and (2) 1BR/1BA layouts Private Patios & Storage for Each Unit In-Unit Laundry - New Stackable Washers/Dryers Excellent Zoning - R-5 Multifamily Residential Lot Size: 11,021 SF | Building: 4,140 SF Prime Location - Minutes from Old Town, Tempe, and major employers Surrounded by Development - New townhomes being built behind the property Parcel: 131-15-001-Y Scottsdale 85257 - One of the Valley's top-performing rental submarkets306 & 312 E Kinderman Dr, Avondale, AZ 85323 (13 Units)13 Total Units: Fully occupied with strong in-place incomeMajor Capital Improvements: Nearly $1M in renovations including interiors, exteriors, systems, and finishesDishwashers in Every Unit: A standout amenity that enhances rental appealStabilized and Turnkey: Minimal deferred maintenance with all units leasedStrategic West Valley Location: Minutes from I-10, top employers, shopping, and entertainmentHigh Rental Demand: Avondale continues to experience rapid population and economic growthInvestor-Friendly Market: Surrounded by infrastructure projects and booming developmentBuyer to Verify All Facts and Figures During Due Diligence



Agriculture / Farm

Horse:  No

Association Fees / Info

Community Features:  Other, See Remarks, Barbecue, No Pool

Hoa:  No

Bathroom Info

Building Info

Construction Materials:  Wood Frame, Painted, Stucco, Block

Roof:  Other, Composition, Foam, Rolled/Hot Mop

Exterior Features

Pool Private:  No

Financial

Owner Pays:  Other,See Remarks,Trash Collection,Water,Sewer,Landscaping

Gross Income:  503823

Insurance Expense:  11968

Maintenance Expense:  4750

Garage / Parking

Parking Features:  Paved, Free, >1 Space Per Unit

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Ceramic Tile, Vinyl, Concrete

Appliances:  Free-Standing Range, Trash Compactor, Disposal, Dishwasher, Refrigerator, Microwave

Fireplace:  No

Lot Info

Lot Size:  Irr

Number of Buildings:  7

Other School Info

Property Info

Road Surface Type:  Asphalt, Curb(s) & Gutter(s), Sidewalk(s)

Zoning:  M-m

Property Attached:  No

Tax Info

Tax Legal Description:  BEG AT S4 COR SEC 2 TH N 522F E 40F TO POB TH E 1 10.235F S 100F W 110.235F TH N 100F TO POB

Tax Amount Annual:  7320

Unit Info

Total Units:  26

Utilities / Hvac

Water Source:  Master Meter, City Franchise

Electric:  APS, SRP, Individual Meter

Cooling:  Yes

Cool System:  Ceiling Fan(s), Other, Heat Pump, Individual

Heating:  Other, Individual, Heat Pump

Heating:  Yes

Sewer:  Sewer-In & Connected, Public Sewer

Waterfront / Water

Water Front:  No

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Price & Status History (on barbarabakerrealty.com since Fri, Apr 18th 2025)
  • Original Price: $7,590,000
  • Current Price: $7,190,000
  • Price Reduced: $400,000
Date ChangedFromTo
10/02/2025$7,590,000 $7,190,000 Reduced by $400,000
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