7323 E BELLEVIEW Street, Scottsdale, AZ 85257
$3,900,000
Property Type:
Multiple Dwellings
Bedrooms:
24
Baths:
24
Status:
Active
Current Price:
$3,900,000
Last Modified:
11/03/2026
Description
SELLER FINANCING AVAILABLE!! Matera Villas Townhomes are eight town homes 2016 construction townhomes near old town Scottsdale. These are separately parceled condo mapped townhomes with no HOA. All all 3 bedroom 2.5 bathroom units with covered parking. Tile roofs , frame construction stucco units. Floor plans are four 1,317 sq feet units and four 1557 sq foot units. Current rents are below market at $2100 to $2,200. Market rents are $2,500+ Individual metered for electric and easy care landscaping. Units have newer paint and carpet, upgraded appliances, HVAC, etc. These units have been well taken care of and are fully occupied. Close to ASU the 202 freeway and near the 101. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale
More Information MLS# 7101427
Contract Info
Ownership: Fee Simple
Current Price: $3,900,000
List Price: $3,900,000
Status: Active
List Date: 2026-11-02
Location, Tax & Legal
Building Number: 1 -8
Assessor's Map #: 38
Legal Description (Abbrev): LOT 1001 MATERA VILLAS CONDOMINIUM MCR 097820
Assessor's Parcel #: 261
Add'l Parcels: Yes
Tax Municipality: Scottsdale
Census Tract: 218200
Taxes: 16484
Legal: LOTS 1001-1009 MATERA VILLAS CONDOMINIUM MCR 097820
Marketing Name: MATERA VILLAS
House Number: 7323
Compass: E
Street Name: BELLEVIEW
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85257
Zip4: 4050
Country: US
County Code: Maricopa
Subdivision: MATERA VILLAS CONDOMINIUM
Assessor Number: 131-38-261
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 13089
Total # of Units: 8
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Year Built: 2016
Zoning: [R-5] Multiple-
Legal Info
Range: 4E
Section: 2
Township: 1N
Lot Number: 1001
Project Type
Four Plex: 1
5 - 12 Units: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 8
Avg Rent: 2100
Avg SqFt: 1437
# Baths: 3
4 Bedrooms Units
Avg Rent: 0
Structure
Bedrooms Total: 24
Bathrooms Total: 24
Other Type
Packaged Offering: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Floors
Stone: 1
Carpet: 1
Other: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 3000
Annual Land Lse Exp: 0
Annual Landscape Exp: 1200
Annual Legal & Acctg: 0
Annual Maint Exp: 4000
Annual Mgmt Exp: 7500
Annual Trash Exp: 4200
Annual Wtr/Swr Exp: 3353.54
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 936.2
Operating Exp: 40673.74
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 211200
Total Monthly Rental Income: 17600
Pmt & Rate Info
Cap Rate: 4.25
Down Payment: 0
Equity: 3900000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Sidewalk(s): 1
Patio/Balcony: 1
Interior Features
Fire/Smoke Alarm(s): 1
Fire Sprinklers: 1
Tenant Pays
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
>1 Space Per Unit: 1
Paved: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Conventional: 1
Owner May Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Remarks Misc
Cross Street: McDowell and Scottsdale RD
Directions: McDowell and Scottsdale RD Directions: East to 74th st turn South to 1st St behind SkySong, Belleview, Turn right(West) to Property on the right.
Geo Lat: 33.461153
Geo Lon: -111.922804
Income Expenses
Gross Annual Sch Inc: 211200
Net Operating Income: 165702
Property Features
Project Type: Four Plex; 5 - 12 Units
Other Type: Packaged Offering
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Floors: Stone; Carpet; Other
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Landscape Water System; Desert Landscaping; Sidewalk(s); Patio/Balcony
Interior Features: Fire/Smoke Alarm(s); Fire Sprinklers
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: Carport; >1 Space Per Unit; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text
Lockbox Type: None
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
Environmental: None
Listing Office: Incyte Realty, LLC
Office Phone: 480-409-9900
Office Email: broker@venturerei.com
Last Updated: November - 03 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
