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.
For sale
$700,000
18202 Cave Creek Road 5 units, Phoenix, AZ 85032
5beds
5baths
4,180sqft
Est.:
Condominium
Built in 1983
-- sqft lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
- 513 days |
- 225 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: January 23, 2026 at 10:33am
Listed by:
Amy D Brown 928-254-0501,
Coldwell Banker Realty
Source: ARMLS,MLS#: 6770097
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Individual, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Vinyl
Interior area
- Total structure area: 4,180
- Total interior livable area: 4,180 sqft
Property
Parking
- Total spaces: 5
- Parking features: Other, Paved, >1 Space Per Unit, 1 Space/Unit, Carport
- Has carport: Yes
- Covered spaces: 5
Features
- Has private pool: Yes
Details
- Parcel number: 21407044
- Zoning: R5
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Frame, Painted, Stucco
- Roof: Built-Up
Condition
- Year built: 1983
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Barbecue, Manager Res/Office, Pool
- Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $167/sqft
- Annual tax amount: $1,800
- Date on market: 10/9/2024
- Cumulative days on market: 512 days
- Listing terms: Owner May Carry,1031 Exchange
- Ownership: Condominium
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2025 | Price change | $700,000-12.5%$167/sqft |
Source:  ARMLS #6770097 Report a problem | ||
| 3/7/2025 | Price change | $800,000-3%$191/sqft |
Source: ARMLS #6770097 Report a problem | ||
| 10/11/2024 | Listed for sale | $825,000$197/sqft |
Source: ARMLS #6770097 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,519/mo
Principal & interest
$3280
Property taxes
$239
Climate risks
Neighborhood: Paradise Valley
Nearby schools
GreatSchools rating
- 2/10Echo Mountain Primary SchoolGrades: PK-3Distance: 0.7 mi
- 4/10North Canyon High SchoolGrades: 8-12Distance: 0.8 mi
- 4/10Echo Mountain Intermediate SchoolGrades: 4-6Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Echo Mountain Primary School
- Middle: Vista Verde Middle School
- High: North Canyon High School
- District: Paradise Valley Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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