For sale

$2,380,000

18202 Cave Creek Road 17units, Phoenix, AZ 85032

26beds

24baths

14,212sqft

Get pre-qualified

Condominium

Built in 1983

-- sqft lot

$-- Zestimate^®

$167/sqft

$-- HOA

What's special

This property presents a compelling investment opportunity with its attractive unit mix, desirable location, and potential for additional income through owner-operated facilities. It is a well-positioned, income-generating asset. There are opportunities to even increase current rental income for further value. This property is a prudent choice for investors looking to expand, diversify or start their portfolio. It offers a stable and reliable income stream. The property is 100% occupied and all units were remodeled. There are five-2 beds/1-bath, one-3 beds/1 bath, and eleven-3 beds /2 bath units. All are equipped with their own washer/dryer. The property is located in a Prime location with nearby amenities and great transportation access. Some bedroom counts includes a den (2 beds = 1 bedroom + den and 3 beds = 2 bedrooms + den). The den can function as a bedroom but doesn't have a window.

635 days

68

4

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 26
Bathrooms: 24

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: 14,212
Total interior livable area: 14,212 sqft

Property

Parking

Total spaces: 17
Parking features: Other, >1 Space Per Unit, 1 Space/Unit, Carport
Has carport: Yes
Covered spaces: 17

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
Security: Security Lights, Security Guard
Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM

Location

Region: Phoenix

Financial & listing details

Price per square foot: $167/sqft
Annual tax amount: $3,960
Date on market: 10/9/2024
Cumulative days on market: 633 days
Listing terms: Owner May Carry,1031 Exchange
Ownership: Condominium
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/10/2026	Price change	$2,380,000-4.8%$167/sqft
Source: ARMLS #6770068 Report a problem
6/14/2025	Price change	$2,500,000-10.7%$176/sqft
Source: ARMLS #6770068 Report a problem
1/27/2025	Price change	$2,800,000-7.9%$197/sqft
Source: ARMLS #6770068 Report a problem
10/11/2024	Listed for sale	$3,040,000$214/sqft
Source: ARMLS #6770068 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified