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Shena Lee Korn

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6638 E CHEERY LYNN Road, Scottsdale, AZ, 85251

Newly Listed

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$950,000

6638 E CHEERY LYNN Road, Scottsdale, AZ, 85251

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Information

MLS ID: 6971991

Price: $950,000

Year Build: 1960

Details

Address: 6638 E CHEERY LYNN Road

County: Maricopa

City: Scottsdale

Neighborhood: holiday park 2

Zip: 85251

State: Arizona

Taxes

Property Taxes: $1,105

Tax Year: 2025

Tax Amount: $1,105

Description

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.

Location

Listed By

Listing Agent

Mitchell Drake

ABI Multifamily

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Print Details

The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the g. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 20th April, 2026 7:34 PM (UTC)

Listing Office: ABI Multifamily

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