About This Home

This 2-bedroom, 2-bathroom multi-family at 5122 E SHEA Boulevard #1023 in Scottsdale, AZ is listed for $380,000 ($350 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
1-car garage
#1023
1985

Amenities

FireplaceA/C
Listing Description

Ground floor, private garage, and no stairs between your car and your couch. #1023 sits on the ground level of Milano Terrace -- an end unit facing the quiet interior courtyard. Your one-car garage is a few steps from the door, which is the kind of thing you stop noticing until it's July and you're carrying groceries.

Inside: 1,086 square feet, all on one level, no interior steps. The living room is built around a wood-burning fireplace and opens into the dining area and out to the patio. Both bedrooms have real room to move around the bed. New flooring went in throughout in 2026, and the kitchen was updated the same year -- stainless appliances and new counters against the original cherry cabinetry.

The primary bath has a tiled walk-in shower with a built-in bench and niche. Washer dryer convey. The $325 monthly HOA covers exterior maintenance, roof repair and replacement, blanket insurance, sewer, trash, pest control, and common areas. Gated community with a heated pool and spa, fitness facility, and a biking and walking path, with the Stonecreek Golf Course behind the complex.

Scottsdale address, Scottsdale Unified School District -- Sequoya, Cocopah, Chaparral -- and a Phoenix tax bill. 2025 taxes: $1,317. FHA and VA approved project. Pets and rentals are both allowed subject to HOA rules.

Monthly Cost Estimate

$2,357/mo

20% down · 6.5% · 30 years

Principal$275
Interest$1,647
Insurance$111
HOA$325

Estimates only. Actual payments may vary.

Location

5122 E SHEA Boulevard #1023

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

Outdoor Features

Patio

Parking

OpenAssigned

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)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 $380,000 ($350/sqft). The estimated monthly payment is $2,357 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.

LL

Lauren Loeffler

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (602) 525-3224 · View on Broker Site · Broker website

MLS# 7100936· Source: Arizona Regional Multiple Listing Service, Inc.· 1 day on PropertySimple

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 #1023, Scottsdale, AZ 85254

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