7001 E Wilshire Drive, Scottsdale, AZ 85257
- $990,000
- Sold Price
- $990,000
- List Price
- $1,049,900
- Closing Date
- Oct 17, 2025
- Days on Market
- 28
- Status
- CLOSED
- MLS#
- 6885990
- City
- Scottsdale
- Year Built
- 1962
Property Description
HERE IS A RARE OPPORTUNITY TO OWN A MULTI-FAMILY 5 UNIT BUILDING RIGHT IN THE HEART OF OLD TOWN SCOTTSDALE, STEPS FROM WORLD CLASS ART GALLERIES, OLD TOWN SCOTTSDALE FAMOUS CUISINE, AND IN THE HEART OF THE VALLEYS MOST PROMINENT NIGHTLIFE . IT IS ALWAYS 100% OCCUPIED. THIS IS A WONDERFUL 5 UNIT PROPERTY WITH FOUR 1BED/1BATH AND ONE 2BED/1BATH. THESE UNITS ARE LARGE AND WELL DESIGNED TO MAKE THEM FEEL EVEN BIGGER. LAREG CORNER LOT WITH NICE GRASS LANDSCAPING. ALL UNITS HAVE TIEL OR LVP FLOORING - NO CARPET! RENTS ARE HIGH ENOUGH TO PREFORM WELL FOR A NEW OWNER FORM DAY ONE, BUTTHERE IS ROOM STILL TO INCREASE RENTS AND TO EVEN ADD A UTILITY RUB FOR ADDED REVENUE. COIN LAUNDREY ONSITE THAT IS OWNED BY THE SELLER AND PRODUCES ADDED REVENUE AS 100% OF THE INCOME IS COLLECTED BY THE OWNER.
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Additional Information
- Elementary School
- Yavapai Elementary School
- High School
- Coronado High School
- Middle School
- Tonalea Middle School
- Community Features
- No Pool
- Construction
- Block, Painted
- Cooling
- Electric
- Electric
- SRP
- Flooring
- Ceramic Tile
- Heating
- Electric
- New Financing
- FHA, Conventional, Owner May Carry, Cash
- Parking Features
- Common
- Roofing
- Composition
- Taxes
- $1,837
- Tax Year
- 2024
- Tenant Pays
- Electricity, Gas, Cable TV
- Units
- 5
- Water
- City Franchise
- Zoning
- R-3
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Listing courtesy of Tradelands Realty. Selling Office: Marcus & Millichap.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.