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$2,465,000
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Property Description
Nestled in the tranquil heart of Carefree, this beautifully renovated multifamily property offers 8 distinct units, each thoughtfully restored to blend vintage character with modern conveniences. Every inch of the property has been updated with attention to detail, featuring brand-new custom kitchens with ample storage, new custom bathrooms, vinyl plank flooring, new windows, and new fans and fixtures. Each unit is equipped with new in-unit washer/dryers, updated HVAC systems, new hot water heaters, ensuring comfort and convenience throughout.Residents can enjoy new outdoor amenities, including a sparkling pool and putting green. The property comprises four spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering a variety of living options.
Full Property Details
Full Property Details for 7440 E Cave Creek
General
- Sold For: $2,465,000
- HOA FEE: $1,156
- Taxes: $1,324 (2024)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6839986
- Added to Site: 297 day(s) ago
Interior
- Flooring: Vinyl
Parking
- Parking Features: Paved, Free, 1 Space/Unit
Location
- County: Maricopa
- Subdivision: CAREFREE TOO
- Cross Streets: Cave Creek Road & N Tom Darlington Drive
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Heat Pump
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Brick Veneer, Painted, Brick
- Roof: Rolled/Hot Mop
- Year Built: 1963
Lot Features
- Lot Dimensions: 32, 352 sq ft.
- Frontage: Asphalt
- Zoning: Multi-Family
Financial Considerations
- Maint. Fee/Month: $1,156
- Tax Amount: $1,324
- Tax Year: 2024
- Terms: No Carry, Conventional, 1031 Exchange
- Owner Pays: Pool Maintenance, Trash Collection, Sewer, Landscaping
Disclosures and Reports
- Legal Description: CAREFREE TOO MCR 93/31 PT OF LOT 322 BEG AT PT NW LY LN LOT 322 & 44.5F FR NLY COR TH/OF TH RUN SEL
- Property ID: 216-83-316-C
- Lot Number: 321
Listed by Silverleaf Realty
Sold by RHP Real Estate
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Schools
Schools serving 7440 E Cave Creek
School District:Cave Creek Unified District
| Name | Grades | Distance |
|---|---|---|
Black Mountain Elementary School, Scottsdale, AZ 33606 N 60th St, Scottsdale, AZ 85266 | PK-6 | 3 mi |
Cactus Shadows High School 5802 E. Dove Valley Rd., Scottsdale, AZ 85266 | 9-12 | 3.4 mi |
Sonoran Trails Middle School 5555 East Pinnacle Vista Drive, Phoenix, AZ 85085 | 7-8 | 6.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7440 E Cave Creek
Date
Details
Price
Change
Source
6/30/2025
Sold
$2,465,000
-1.2%
MLS
3/24/2025
Listed
$2,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7440 E Cave Creek, Carefree, AZ 85377 (MLS# 6839986) is a Multi-Family property that was sold at $2,465,000 on June 30, 2025. Want to learn more about 7440 E Cave Creek? Do you have questions about finding other Multi-Family real estate for sale in Carefree? You can browse all Carefree real estate or contact a Coldwell Banker agent to request more information.

