6638 E Cheery Lynn Road, Scottsdale, AZ 85251

Scottsdale
Local realty services provided by:ERA Four Feathers Realty, L.C.
6638 E Cheery Lynn Road,Scottsdale, AZ 85251
$950,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mitchell drake
Office: abi multifamily
MLS#:6971991
Source:ARMLS

Price summary

  • Price:$950,000

About this home

This property is a 4-unit mixed-income housing community situated in Old Town Scottsdale. The property was built in 1958 and was later placed in service under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all 4 units to be rented to income qualifying residents earning no more than 50% and 60% of the Area Median Income (AMI) limits, which are provided by The Arizona Department of Housing. The low income restriction is set to expire in July 2027. The property offers a range in unit types with (1) large studio, (1) 1-bed / 1-bath units, and (2) 2-bed / 1-bath units. The studio has the layout ability to be converted into a 1-bed / 1-bath unit. Community amenities include a courtyard space and ample parking.

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Home facts

  • Year built:1960
  • Listing ID #:6971991
  • Updated:May 10, 2026 at 02:51 PM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1960
  • Construction Materials:Block, Painted

Utilities

  • Water:City Franchise, Master Meter

Finances and disclosures

  • Price:$950,000
  • Tax amount:$1,105 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Less Than 1 Parking Space/Unit, Paved
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