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● For sale

$700,000

18202 Cave Creek Road 5 units, Phoenix, AZ 85032

MOUNTAIN SPRINGS TERRACE CONDOMINIUM · Maricopa County

Built 1983 No HOA

600 days on market

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.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Appliances

Built-In Range
Refrigerator
Dishwasher
Microwave
Washer/Dryer

Heating and Cooling

Cooling Features: Central Air, Electric, Ceiling Fan(s)
Heating Features: Electric, Varies by Unit

Exterior

Land Info

Lot Size Dimensions: verify

Garage and Parking

Attached Garage: No
Parking Features: 1 Space/Unit, Other, Paved, Carport, >1 Space Per Unit

Community

Neighborhood

Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM

Listing

Other Property Info

Annual Tax Amount: $1,800
Source Listing Status: Active
County: Maricopa
Directions: South on Cave Creek to Michigan Ave. Complex will be on the Right.
Parcel Number: 214-07-044
Zoning: R5
Postal City: Phoenix
Listing Date: 10/9/2024
MLS#: 6770097

Features

Building and Construction

Year Built: 1983
Property Age: 43
Construction Materials: Wood Frame, Painted, Stucco
Roof: Built-Up

Utilities

Water Source: City Franchise

Contact Us

Ask a question or schedule a showing

Listed by Amy D Brown Coldwell Banker Realty

Listing updated: January 23, 2026

MLS#: 6770097

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.