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Melinda Muller
REALTOR®, CRS, CLHMS, CSP

18202 Cave Creek Road, Unit 17units, Phoenix, AZ 85032

$2,380,000
  • 18202 Cave Creek Road, Unit 17units, Phoenix, AZ 85032 Main Photo

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Active
BEDS0 BATHS MLS#6770068
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMOUNTAIN SPRINGS TERRACE CONDOMINIUM SCHOOLParadise Valley Unified District

Property Description

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 doesnt have a window.

18202 Cave Creek Road, Unit 17units | MLS# 6770068

This multi-family property located at 18202 Cave Creek Road, Unit 17units, Phoenix, AZ 85032 is currently listed for sale with an asking price of $2,380,000. Cave Creek Road, Unit 17units is located within the Paradise Valley Unified District school district. Search Phoenix real estate on mmuller.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Ceiling Fan(s)
Heating: Electric, Varies by Unit
Roof Type: Built-Up
Taxes: $3,960
Year Built: 1983

Feature Descriptions

Community Features: Pool, Manager Res/Office, Barbecue
Days on Site: 610
Exterior: Wood Frame, Painted, Stucco
Parking: 1 Space/Unit, Other, Carport, >1 Space Per Unit
Swimming Pool: Yes
Water: City Franchise

Local Schools

High School: North Canyon High School
Middle School: Vista Verde Middle School
Elementary School: Echo Mountain Primary School
School District: Paradise Valley Unified District

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 928-282-4666

Shown By

Agent Name: Melinda Muller
Agent Phone: (480) 980-5213
Agency Title: Arizona Best Real Estate

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Estimate Your Payment

Estimated Payment

$ 6,321.01 per month $5,296.85 Principal & Interest $330.00 Property Tax $694.17 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/13/2026. The listing information on this page last changed on 06/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/13/2026 12:51:08 AM EST) or ARMLS (last updated Fri 06/12/2026 11:07:32 PM EST). Real estate listings held by brokerage firms other than Arizona Best Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.


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