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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

Overview

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

Listing Details MLS# 7101427

Location, Tax & Legal

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
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

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
13089
Year Built
2016
Total # of Units
8
# of Buildings
2
Zoning
[R-5] Multiple-
Elementary School District
Scottsdale Unified District
High School District
Scottsdale Unified District
Uncvrd Parking Spcs
0

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.

Legal Info

Township
1N
Range
4E
Section
2
Lot Number
1001

3 Bedrooms Units

# 3 Bedroom Units
8
Avg Rent
2100
Avg SqFt
1437
# Baths
3

More Information

Structure

Bedrooms Total
24
Bathrooms Total
24

Income Expenses

Gross Annual Sch Inc
211200
Net Operating Income
165702

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

Project Type

Four Plex
Yes
5 - 12 Units
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Other Type

Packaged Offering
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Floors

Stone
Yes
Carpet
Yes
Other
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

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

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes

Exterior Amenities

Landscape Water System
Yes
Desert Landscaping
Yes
Sidewalk(s)
Yes
Patio/Balcony
Yes

Interior Features

Fire/Smoke Alarm(s)
Yes
Fire Sprinklers
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
>1 Space Per Unit
Yes
Paved
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes
Owner May Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

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
IDX
Listing Office: Incyte Realty, LLC
Office Phone: 480-409-9900
Office Email: broker@venturerei.com
Last Updated: November - 03 - 2026
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