1425 N 85th Place, Scottsdale, AZ 85257 (MLS# 5878242)

1425 N 85th Place, Scottsdale, AZ 85257

$730,000

Property on East Side of N 85th Place. Main house has 3 bedrooms. Apartments in back has two units upstairs and a double unit down stairs.

Three driveways. This is the southern most driveway.

Driveway leads to back Multi Level units

Home was built in 1958. Has central air and wall heaters.

House to left; Apartments in Back; Storage bldg to right.

South driveway looking toward N 85th Place

Drive way between buildings if desired. Current landlord uses as a sitting area for tenants.

Lower unit private backyard with option to park behind gates.

Garage doors are operable the space inside is heated and cooled could be used as living space or to park your car.

Side view looking south at lower 2 bedroom unit and Upper 1 bedroom unit with balcony

North Driveway looking toward N 85th place.

North Driveway. Two additional wood storage buildings straight back.

out door laundry unit behind garbage can.

view from middle driveway toward N 85th Place

Family Room and Front Entry of Main house built in 1950

Storage has a sink and room for a refrigerator.

Lower unit Back House with 2 sets of double French doors. Concrete floors

Spacious Kitchen with additional French door

View toward bedroom Bathroom and additional living space that could also be used as a garage.

Lower Back House Bathroom with washer and Dryer

Two sets of French Doors with access to wrap around patio with RV Gates.

Gas hook up for a grill or fire feature.

Garage has a kitchen and bathroom. Could be used as additional living space or a studio apartment.

Kitchen area of garage or work shop or additional living space or a studio apartment.

Bathroom in garage of lower level back house.

Private patio off of lower unit garage units. view looking in.

View looking out of Back patio from garage unit.

Property Type: Multiple Dwellings Status: Closed

Current Price: $730,000 Last Modified: 6/12/2026

Overview

Description

Multi-unit residential rental property opportunity on almost a ½ Acre in South Scottsdale Built in 1950 & 2001. Seller will Carry with the right terms. Keep as long term rental units, scrape and build a new complex, use as seasonal rentals or Airbnb rentals, remodel the property and double the rent! Could also be remodeled as a family home with a huge garage in back and home office space above. The possibilities are many. The 3 bedroom house with dual kitchens and brick storage unit were built in 1950. The 2 upstairs 1 bedroom units and lower 2 bedroom apartment in the back were built in 2001. Each unit offers a different experience. Close to Old Town Scottsdale and the 101 and 202 freeways. Call for an appointment. Three of the units are currently occupied. Buyer to verify all information

Supplements: The house and block storage unit were built in 1950. The Tri-Plex in the back was built in 2001. Block house has central air the Tri-Plex has window units for heating and cooling.

Listing Details MLS# 5878242

Location, Tax & Legal

Map Code/Grid: Q37
House Number: 1425
Compass: N
Street Name: 85th
St Suffix: Place
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85257
Country: US
County Code: Maricopa
Subdivision: Private
Assessor Number: 131-06-016-C
Tax Year: 2018
Assessor's Map #: 6
Assessor's Parcel #: 16
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Scottsdale
Taxes: 1795
Legal: See document section.
Marketing Name: Private

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 150 x 115
Year Built: 1950
Total # of Units: 4
# of Buildings: 3
Zoning: R-5 MULTI-FAM
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Hohokam Elementary School
Jr. High School: Supai Middle School
High School: Coronado High School
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: McDowell & 85th Place /McDowell and 101Frwy
Directions: From the 101 FRWY-West on McDowell / South onto 85th Place / Development is on East side of 85th Place; pull into middle driveway.

Status Change Info

Off Market Date: 2019-07-15
Under Contract Date: 2019-05-18
Close of Escrow Date: 2019-08-12

Legal Info

Lot Number: 5

More Information

Income Expenses

Gross Annual Sch Inc: 62539
Net Operating Income: 42058

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 750
Avg SqFt: 704
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1700
Avg SqFt: 1408
# Baths: 2

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1625
Avg SqFt: 1588
# Baths: 175

Contact Info

List Agent Home Phn: 602-228-7280

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 13062
Seller Concession $/%: $
Buyer Concession to Seller: 0

Project Type

Tri-Plex: Yes

Other Type

House + Rental Units: Yes

Construction

Block: Yes
Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Composition: Yes
Metal: Yes

Floors

Concrete: Yes
Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes
Laundry Equipment: Yes

Income & Expenses

Annual Elec Exp: 6460
Annual Gas Exp: 631
Annual Ins Exp: 2320
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 2031
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 1661
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 1664
Operating Exp: 16562
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 62539

Pmt & Rate Info

Cap Rate: 5.29
Down Payment: 0
Equity: 795000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Community Features

No Pool: Yes

Heating

Wall Furnace: Yes
Electric: Yes
Window/Wall Unit(s): Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes
Window/Wall Unit: Yes

Exterior Amenities

Partially Fenced: Yes
Cable TV Available: Yes
Patio/Balcony: Yes
Separate Storage: Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes

Tenant Pays

Cable TV: Yes
Landscaping: Yes

Appliances Included

Refrigerator: Yes
Washer/Dryer: Yes

Road Surface Type

Concrete: Yes

Source of Fincl Data

Owner: Yes

Water Source

Master Meter: Yes

Sewer

Sewer - Public: Yes
Sewer - Private: Yes

Parking Features

Assigned: Yes
Other: Yes

Electric

SRP: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Electric: Yes
Gas: Yes
Trash Collection: Yes

New Financing

Conventional: Yes
Owner May Carry: Yes
1031 Exchange: Yes

Special

Accept Backups (CLO): 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

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

Super Fund/WQARF/DOD: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Tri-Plex Other Type: House + Rental Units Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Composition; Metal Floors: Concrete; Ceramic Tile; Carpet Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Partially Fenced; Cable TV Available; Patio/Balcony; Separate Storage Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Refrigerator; Washer/Dryer Heating: Window/Wall Unit(s); Wall Furnace Cooling: Ceiling Fan(s); Electric; Window/Wall Unit Water Source: Master Meter Sewer: Sewer - Public; Sewer - Private Electric: SRP Gas: SW Gas Parking Features: Assigned; Other Road Surface Type: Concrete Owner Pays: Water; Electric; Gas; Trash Collection Tenant Pays: Cable TV; Landscaping Source of Fincl Data: Owner Special: Accept Backups (CLO) Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; Owner May Carry; 1031 Exchange Environmental: Super Fund/WQARF/DOD

Listing Office: HomeSmart

Last Updated: June - 12 - 2026