MLS# 6770097 – 18202 Cave Creek Road Unit 5 Units, Phoenix, AZ 85032

Price: $700,000
Units: 5
Property Type: Multiple Dwellings
Status: Active
Year Built: 1983
Neighborhood: Mountain Springs Terrace Condominium
Days on Website: 568

Courtesy of Coldwell Banker Realty

Property Description

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.

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Property Details and Features

  • Appliances & Equipment
  • “Built-In Range”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1983
  • Construction materials: “Wood Frame”, “Painted”, “Stucco”
  • 5 total units
  • Cooling
  • “Central Air”
  • “Ceiling Fan(s)”
  • “Electric”
  • Expenses
  • Insurance: $3,000
  • Maintenance: $3,000
  • Floors
  • “Vinyl”
  • Heating
  • “Individual”
  • “Electric”
  • Listing
  • Listing ID: 6770097
  • Standard status: Active
  • 567 days on market
  • Location
  • Subdivision name: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
  • Parking
  • “Paved”
  • “>1 Space Per Unit”
  • “1 Space/Unit”
  • “Carport”
  • 5 total parkings
  • Property
  • Zoning: R5
  • Roof
  • “Built-Up”
  • Schools
  • Elementary school: Echo Mountain Primary School
  • High school: North Canyon High School
  • High school district: Paradise Valley Unified District
  • Security Features
  • “Security Light(s)”
  • “Security Guard”
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,800
  • Lot: 111,129,151,157,&251
  • Utilities
  • “APS”

Property Map

$700,000 – 18202 Cave Creek Road Unit 5 Units, Phoenix, AZ 85032

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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.