About This Home

This 2-bedroom, 2-bathroom multi-family at 5122 E SHEA Boulevard in Scottsdale, AZ is listed for $400,000 ($368 per sqft). Built in 1985, the home offers 1,086 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 1985
  • 0.03 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full
#1023
1985

Amenities

FireplaceA/C
Listing Description

GROUND FLOOR END UNIT | JUST REDUCED $15K | GARAGE | FULLY UPDATED | 85254 | FHA APPROVED Move-in ready and beautifully renovated, this highly desirable ground-level end unit in Milano Terrace offers exceptional value in the heart of Scottsdale's Magic Zip Code (85254).

Just minutes from the new Paradise Village, Kierland Commons, Scottsdale Quarter, Desert Ridge, Mayo Clinic, and countless restaurants and entertainment. Every surface has been thoughtfully updated with luxury vinyl plank flooring, fresh designer paint, new countertops, stainless appliances, updated lighting and beautifully renovated bathrooms.

Milano Terrace feels like a private resort with two renovated pools (one heated), ramadas with TVs and BBQs, fitness center, clubhouse, and direct access to miles of walking and biking paths along the Stone Creek Golf Course.

Monthly Cost Estimate

$2,464/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117
HOA$325

Estimates only. Actual payments may vary.

Location

5122 E SHEA Boulevard

Scottsdale, AZ 85254

MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM

Features & Amenities

Interior Features

High Speed InternetNo Interior StepsPantry3/4 Bath Master BdrmLaminate Counters

Exterior Features

Storage

Property Details

Flooring

Vinyl

Construction

Stucco Wood Frame Painted

Pool Features

Patio

Parking

OpenAssigned

Heating

Electric (Heating)

Cooling

Central Air

Appliances

Stacked Washer/DryerDryerWasherRefrigeratorBuilt-in MicrowaveDishwasherDisposalElectric Range

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 5122 E SHEA Boulevard is listed at $400,000 ($368/sqft). The estimated monthly payment is $2,465 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $325/month.

Key features include: Built in 1985, 0.03 acre lot, 2 stories, Fireplace. Interior Features: High Speed Internet, No Interior Steps, Pantry. Exterior Features: Storage.

This property is listed by Lauren Loeffler and can be reached at 6025650193.

LL

Lauren Loeffler

Agent at eXp Realty

(602) 565-0193

Listed by eXp Realty · View on Broker Site

MLS# 7021748· Source: listhub· 63 days on market

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5122 E SHEA Boulevard, Scottsdale, AZ 85254

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