To address the problem of accurately evaluating age-friendly retrofit indicators in urban communities, this study constructs an evaluation model that takes into account user preferences and their interaction needs based on the social–ecological–technological systems (SETS) theory. The model aims to establish a set of precise community retrofit indicators, covering aspects such as public participation level, public ancillary facilities, green space layout, living environment building, health service support, and accessible design. By employing prioritization strategies, the model seeks to maximize resident satisfaction and promote harmonious coexistence between the community and the environment. Firstly, the retrofit evaluation indicators are formulated using the SETS theory. The entropy weight method (EWM) is then applied to determine the initial weights of these evaluation indicators, followed by the use of the Decision-Making Trial and Evaluation Laboratory (DEMATEL) method to analyze the interrelationships among the indicators. The Kano model is integrated to adjust the weights, reflecting their importance. The final weights of the indicators are determined through normalization. Based on this, the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method is employed to rank and analyze the importance of age-friendly retrofits in the community. Finally, six communities in Dalian, Liaoning Province, China, are selected as samples to evaluate and analyze the age-friendly retrofit indicators. Different methods are compared, and their advantages and disadvantages are ranked to validate the effectiveness and feasibility of the proposed approach. Based on the analysis results, specific design schemes for improving the identified shortcomings in age-friendly aspects of these communities are proposed, considering the needs of aging populations and taking into account community public facilities, accessible design renovations, and the enhancement of green space layouts. This study aims to explore the comprehensive benefits of an age-friendly retrofit in urban communities and provide reference for the deep integration of social, ecological, and technological benefits in urban renewal. The evaluation indicators, methods, and conclusions presented can serve as a decision-making basis for the renovation and renewal of aging urban communities, particularly in terms of age-friendly updates.