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$700,000

  • For Sale
  • Active
  • Multi-Family
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This exclusive property package is perfect for both seasoned investors looking to expand their portfolio and newcomers wanting to start their investment journey. The selection of 5 fully renovated 2 bed (1 bedroom+den) units offers a great opportunity for investors of all levels to enter the real estate market or diversify their existing portfolio. With a strong history of occupancy and the potential to increase rental income, these units provide a stable and reliable income stream. The convenient location and amenities make these units highly desirable for tenants, ensuring a steady flow of rental income for investors. Whether you're just starting out or looking to grow your investment portfolio, this property package offers a smart and lucrative opportunity for investors of all levels.

Full Property Details for 18202 Cave Creek Rd #5 units

General

  • Price: $700,000
  • HOA FEE: $3,000
  • Taxes: $1,800 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6770097
  • Updated: 1/23/2026
  • Added to Site: 536 day(s) ago

Interior

  • Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Flooring: Vinyl

Parking

  • Parking Features: Other, Paved, >1 Space Per Unit, 1 Space/Unit, Carport

Location

  • County: Maricopa
  • Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
  • Cross Streets: Cave Creek & Union Hills

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Individual, Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame, Painted, Stucco
  • Roof: Built-Up
  • Year Built: 1983

Lot Features

  • Lot Dimensions: verify
  • Zoning: R5

Financial Considerations

  • Maint. Fee/Month: $3,000
  • Tax Amount: $1,800
  • Tax Year: 2024
  • Terms: Owner May Carry, 1031 Exchange
  • Owner Pays: Trash Collection, Sewer

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: LOT 111 MOUNTAIN SPRINGS TERRACE CONDOMINIUM MCR 033448
  • Property ID: 214-07-044
  • Lot Number: 111, 129, 151, 157, &251
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 18202 Cave Creek Rd #5 units —

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 18202 Cave Creek Rd #5 units

School District:Paradise Valley Unified District
NameGradesDistance
Campo Bello Elementary School
2650 East Contention Mine Road, Phoenix, AZ 85032
K-60.5 mi
North Canyon High School
1700 East Union Hills Drive, Phoenix, AZ 85024
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 18202 Cave Creek Rd #5 units Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/13/2025
Price Reduced
$700,000
-12.5%
MLS
3/07/2025
Price Reduced
$800,000
-3.03%
MLS
10/11/2024
Listed
$825,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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18202 Cave Creek Road #5 units, Phoenix, AZ 85032 (MLS# 6770097) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 18202 Cave Creek Road #5 units is currently listed for $700,000 and was received on October 11, 2024. This property is listed by Amy D. Brown from our Sedona Office.Want to learn more about 18202 Cave Creek Road #5 units? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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