7015 E WILSHIRE Drive, Scottsdale, AZ 85257 (MLS# 6974741)

7015 E WILSHIRE Drive, Scottsdale, AZ 85257

$1,225,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,225,000 Last Modified: 2/24/2026

Description

RARE OPPORTUNITY to own a fourplex in the heart of Scottsdale. Unit-1 is a 2-bed, 1.5-bath and approx. 1100-SqFt. Unit 2 is a 2-bed, 1.0-bath and approx. 1000-SqFt. Unit 3 is a 2-bed, 1.5-bath and approx. 1000-SqFt. Unit 4 is a 3-bed, 2.0-bath and approx. 1300-SqFt. There is no HOA. Please do not go on the property. NO SELLER CARRY.

More Information MLS# 6974741

Contract Info

Ownership: Fee Simple Current Price: $1,225,000 List Price: $1,225,000 Status: Active List Date: 2026-01-26

Location, Tax & Legal

Assessor's Map #: 5 Legal Description (Abbrev): E 134' OF W 264' OF S 140' OF N2 N2 SE4 NE4 .43AC Assessor's Parcel #: 10 Assessor Parcel Ltr: J Add'l Parcels: No Tax Municipality: Scottsdale Census Tract: 218000 Taxes: 2071 Legal: E 134' OF W 264' OF S 140' OF N2 N2 SE4 NE4 .43AC Marketing Name: Scottsdale 4-Plex House Number: 7015 Compass: E Street Name: WILSHIRE St Suffix: Drive City/Town Code: Scottsdale State/Province: AZ Zip Code: 85257 Zip4: 2068 County Code: Maricopa Assessor Number: 129-05-010-J Tax Year: 2025

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 8 Lot Size Dimensions: 18760 Total # of Units: 4 Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Year Built: 1959 Zoning: R3

Legal Info

Range: 4E Section: 34 Township: 2N Lot Number: 34

Project Type

Four Plex: 1

Construction

Block: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Floors

Other: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 2071 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 76380

Pmt & Rate Info

Cap Rate: 6.24 Equity: 1225000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1

Cooling

Electric: 1

Tenant Pays

Electricity: 1

Appliances Included

Dishwasher: 1 Refrigerator: 1 Free-Standing Range: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Projected Proforma: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Carport: 1

Electric

SRP: 1

Gas

None: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1 Landscaping: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 No Carry: 1 1031 Exchange: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 1599 Avg SqFt: 1000 # Baths: 3

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 1750 Avg SqFt: 1400 # Baths: 2

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: Scottsdale Rd. & Thomas Rd. Directions: Head South on Scottsdale Rd, turn Right onto Virginia Ave, turn Left onto 71st Pl, complex is found on the Left Geo Lat: 33.475946 Geo Lon: -111.929835

Income Expenses

Gross Annual Sch Inc: 80400 Net Operating Income: 76380

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator; Dishwasher Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Projected Proforma Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: ATLAS AZ, LLC

Last Updated: February - 24 - 2026