Home to roughly a quarter-million residents, Scottsdale, Arizona, is a prestigious suburb of Phoenix, known for baseball and golf courses. It is situated on the eastern side of Maricopa County and is an excellent place to invest in real estate. Scottsdale is one of the largest suburbs in the metro area and is only twenty minutes from the Phoenix Sky Harbor International Airport. Despite having a multitude of tourist attractions and being heavily developed, Scottsdale has a charming suburban atmosphere and has attracted a mix of retirees, young professionals, and families. Additionally, the Scottsdale real estate market is very stable and has shown a steady increase in appreciation. In fact, real estate in Scottsdale has some of the nation’s highest appreciation rates, making it a great place to make a long term real estate investment, such as buying a Scottsdale multi-family home.
Multi-family homes in Scottsdale consist of a wide variety of properties that include condos, townhomes, apartments, duplexes, triplexes, quads, and other structures with multiple units that can house multiple families. Single-family homes in Scottsdale are the most prevalent housing type, but there are also many multi-family homes and apartment complexes. While owning a single-family home and using it as a rental property can provide a source of monthly income, a multi-family home can provide multiple sources of monthly income and are excellent options for those seeking steady cash flow.
Scottsdale encompasses twenty-eight neighborhoods. Via Linda Corridor, Indian Bend, and Monterey Arcadia are a few of the most popular. Monterey Arcadia is also one of the most affordable. In contrast, the Desert Mountain community in Scottsdale is among the most expensive. Scottsdale multi-family properties for sale can be found all across the city, in the 85257, 85251, and other zip codes. Many multi-family properties in Scottsdale are in proximity to fabulous amenities and attractions such as world-class art galleries, Old Town, nightlife, shopping, casual and fine dining restaurants, and lovely parks. If you would like more information regarding multi-family real estate in Scottsdale, Arizona, we would love to assist you, so please do not hesitate to contact us today or as soon as it is convenient.
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