5 hours on Rocket
#6892345, Jonah Joffe, Robert E Joffe, Listing office: Compass
#6889491·
Listing office: Compass·
Listing agent: Nathan Waite, David Larchez·
Listing office phone: 480-776-1555
$2,875,000 List price
7140 E 1st Ave Scottsdale, AZ 85251
1 bed
3 baths
2,556 sqft
0.1 acres
$1,125 / sqft
House
Property details
About 7140 E 1st Ave
Rare Mixed-Use Opportunity in the Heart of Old Town Scottsdale! This C-2 DO-zoned property offers unbeatable flexibility and visibility just steps from First Avenue and Scottsdale Road. Currently configured as a 1BR/1.5BA residence with an attached holistic therapy office—including a treatment room and compounding space—plus a detached retail building was leased to a successful yoga studio. Positioned adjacent to a high-traffic public parking lot, the property enjoys excellent foot traffic, dedicated parking, and prime frontage in one of Scottsdale's most vibrant districts. Submitted to the City of Scottsdale Development Review Board for a new mixed-use project featuring approximately 10,000 SF of commercial space and 8,000 SF of residential. Plans available with purchase—perfect for an investor, developer, or owner/user looking to capitalize on Old Town's thriving energy and walkability.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Size2,556 sqft
Lot size0.15 Acres
Year built1915
MLS #6889491
FireplaceLiving Room
Summary
- Interior: Eat-in Kitchen, 3/4 Bath Master Bdrm
- Fireplace: Living Room
- Total Bedroom Count: 1
- Heating: Other
- Cooling: Other
- List Price: $2,875,000
- Price/SqFt: $1,124
- Annual Tax Amount: $6,345
- Tax Year: 2024
- Lot: Corner Lot
- Directions: From Indian School, South on Scottsdale Road, West on First Avenue. Property is on the North side of First Avenue.
- Year Built: 1915
- Stories: 1
- Living Area: 2,556 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 6889491
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Compass
- Office Phone: (480) 776-1555
- Office Email: lexie@azhomes.com
- Listing Agent: Nathan Waite, David Larchez
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 6:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 18, 2023 | Home Sold | $1,500,000 |
| Jan 31, 2008 | Home Sold | $1,500,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $128,023 | $6,345 |
| 2023 | $105,332 | $6,196 |
| 2022 | $92,502 | $6,772 |
| 2020 | $80,442 | $6,713 |
| 2019 | $76,554 | $6,272 |
| 2017 | $72,108 | $6,007 |
History based on county public records data.
Nearby schools
8
Hirsch Academy a Challenge Foundation
Public Charter KG-6
0.9 mi
•6535 E Osborn Rd Ste 401
5
Pima Traditional School
Public District PK-5
1.6 mi
•8330 E Osborn Rd
6
Navajo Elementary School
Public District PK-5
1.7 mi
•4525 N Granite Reef Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,000. Typical income of Scottsdale, AZ residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
45%
<35k
8%
35k-100k
31%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
74%
Single, No Kids
2%
Single, with Kids
21%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
2%
12-17 yrs old
41%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7140 E 1st Ave
The listing price of 7140 E 1st Ave property is $2,875,000.
The property 7140 E 1st Ave is a house located in Scottsdale, Arizona, 85251.
Active Listing: 7140 E 1st Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7140 E 1st Ave are: Hirsch Academy a Challenge Foundation (GreatSchools Rating 8/10), Pima Traditional School (GreatSchools Rating 5/10), Navajo Elementary School (GreatSchools Rating 6/10), Echo Canyon School (GreatSchools Rating 5/10), Ingleside Middle School (GreatSchools Rating 6/10), Mohave Middle School (GreatSchools Rating 6/10), Coronado High School (GreatSchools Rating 3/10), Scottsdale Online Learning (GreatSchools Rating 5/10), Great Hearts Academies - Veritas Preparatory (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $6,345 (source: MLS/based on county public records data).
The last sale was on July 18, 2023 for $1,500,000 (source: MLS/tax record).
The property at 7140 E 1st Ave has 1 bedroom and 3 bathrooms.
The property 7140 E 1st Ave is 2,556 SqFt (source: MLS/tax record).
The year of construction for 7140 E 1st Ave is 1915.
This home is located at 7140 E 1st Ave in Scottsdale, AZ and zip code 85251 in the Downtown Scottsdale neighborhood. This 2,556 square foot home, which was built in 1915, sits on a 0.15 acre lot. Features: 1 bedroom, 3 bathrooms. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $2,875,000.
Scottsdale, AZ housing market in June 2025 saw over 28 listings sold above listed price, more than 63 sold at listed price and over 387 sold below. Between May and June 2025, Scottsdale, AZ real estate market has seen decrease in the number of listings by 2.7%. In June 2025 median list price was $892,821 and the average listing age was 78 days.
From Rocket Homes Real Estate and based on county public records data.