6702 E Cheery Lynn Rd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Please note this property's low income restriction is set to expire on March 9, 2026. 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,...Please note this property's low income restriction is set to expire on March 9, 2026. 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 property offers all (4) 2-bed / 1-bath units. Community amenities include a courtyard space and ample parking.
  1. Listed by Mitchell Drake • Brokerage DRE #LC649639000 • ABI Multifamily
    P: (602)-714-1289 mitchell.drake@abimultifamily.com

Property Details for 6702 East Cheery Lynn Road

Subdivision Name
HOLIDAY PARK 2
View YN
No
Zoning
R-5
LISTING UPDATED: 01/21/2026 11:42 AM

Property Details for 6702 East Cheery Lynn Road

StatusActive
MLS #6971977
Days on Market21
Taxes$1,440 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1969
Lot Size0.20 AC / 8,538 SF
CountyMaricopa County

Location

Listing Courtesy of ABI Multifamily
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Building Information for 6702 East Cheery Lynn Road

Stories-Residences4Year Built1969Building Size-Lot Size0.20 AC / 8,538 SF

Payment Calculator

$5,481 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,361

Property Taxes

$120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6702 East Cheery Lynn Road

Summary
Location and General Information
  • Unparsed Address: 6702 E CHEERY LYNN Road, Scottsdale, AZ 85251
  • City: Scottsdale
  • Coordinates: -111.936867, 33.484752
  • Country: US
  • County Or Parish: Maricopa
  • Latitude: 33.484752
  • Longitude: -111.936867
  • Postal City: Scottsdale
  • Postal Code: 85251
  • Postal Code Plus4: 6754
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,969
Taxes and HOA
  • Tax Annual Amount: $1,440.00
  • Tax Book Number: 130.00
  • Tax Legal Description: LOT 40 HOLIDAY PARK 2 MCR
  • Tax Lot: 40
  • Tax Year: 2,025
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Paved, >1 Space Per Unit
  • Parking Total: 8
School Information
  • Elementary School District: Scottsdale Unified District
  • High School District: Scottsdale Unified District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 8538
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 13047084
  • Property Type: Multiple Dwellings
  • Public Survey Range: 4E
  • Public Survey Section: 27
  • Public Survey Township: 2N
Utilities
  • Electric: Individual Meter
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: Master Meter, City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Block
  • Number Of Buildings: 2
  • Number Of Units Total: 4
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Other
  • Heating: Central
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Net Operating Income: $.00
  • Operating Expense: $1,440.00

Property History for 6702 East Cheery Lynn Road

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Listed (Active)

ARMLS #6971977

$1,100,000
Apr 4, 2023

Sold (Public Record)

Public Record #1508602494

$87,500

-82.5% / yr

Dec 23, 2021

Sold (Public Record)

Public Record #1479710888

$812,500

+24.7% / yr

Dec 11, 2017

Sold (Public Record)

Public Record #611937054

$333,500

+36.2% / yr

Jan 17, 2013

Sold (Public Record)

Public Record #345422430

$73,486

-12.8% / yr

Nov 1, 2003

Sold

ARMLS #1972113

$260,000
Oct 23, 2003

Sold (Public Record)

Public Record #122618477

$260,000

+14.4% / yr

Sep 15, 2003

Pending

ARMLS #1972113

Apr 28, 2003

Listed (Active)

ARMLS #1972113

$269,500
Jan 21, 2003

Sold (Public Record)

Public Record #106471153

$235,000
Jan 15, 2003

Sold

ARMLS #1879493

$235,000
Jan 15, 2003

Pending

ARMLS #1879493

Sep 29, 2002

Listed (Active)

ARMLS #1879493

$249,900
Jan 8, 2002

Withdrawn

ARMLS #1709075

$235,000
Nov 15, 2001

Listed (Active)

ARMLS #1709075

$235,000
DateEvent & SourcePrice
01/16/2026

Listed (Active)

ARMLS #6971977

$1,100,000
04/04/2023

Sold (Public Record)

Public Record #1508602494

$87,500

-82.5% / yr

12/23/2021

Sold (Public Record)

Public Record #1479710888

$812,500

+24.7% / yr

12/11/2017

Sold (Public Record)

Public Record #611937054

$333,500

+36.2% / yr

01/17/2013

Sold (Public Record)

Public Record #345422430

$73,486

-12.8% / yr

11/01/2003

Sold

ARMLS #1972113

$260,000
10/23/2003

Sold (Public Record)

Public Record #122618477

$260,000

+14.4% / yr

09/15/2003

Pending

ARMLS #1972113

04/28/2003

Listed (Active)

ARMLS #1972113

$269,500
01/21/2003

Sold (Public Record)

Public Record #106471153

$235,000
01/15/2003

Sold

ARMLS #1879493

$235,000
01/15/2003

Pending

ARMLS #1879493

09/29/2002

Listed (Active)

ARMLS #1879493

$249,900
01/08/2002

Withdrawn

ARMLS #1709075

$235,000
11/15/2001

Listed (Active)

ARMLS #1709075

$235,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6702 East Cheery Lynn Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,440 ($120 / month)
Home Facts
Total Finished SqFt1,456 SqFtAbove Grade Finished SqFt1,456 SqFtStories1Lot Size8,538 SqFtStyleQuadraplexYear Built1969ZoningR-5CountyMARICOPAAPN130-47-084

Schools near 6702 East Cheery Lynn Road

This home is within Scottsdale Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Tavan Elementary School
PublicPK to 5

Ingleside Middle School
Public6 to 8

Arcadia High School
Public9 to 12

Scottsdale Online Learning
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

6702 East Cheery Lynn Road is a multi-family home for sale in Scottsdale, AZ 85251. This property was listed for sale on January 16, 2026 by ABI Multifamily, it's currently listed at $1,100,000. It has been on the market for a total of 21 days and was last sold on April 4, 2023. This listing's school district is Scottsdale Unified District. Nearby schools include Tavan Elementary School, Ingleside Middle School and Arcadia High School. 6702 East Cheery Lynn Road is a 0-bed, 0-bath, multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ABI Multifamily

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.