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$2,500,000

18202 Cave Creek Rd Unit 17Units Phoenix, AZ 85032

House

Property details

About 18202 Cave Creek Rd Unit 17Units

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 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer.The property is located in a Prime location with nearby amenities and great transportation access.

Highlights

Home typeOther
HeatingOther, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Year built1983
ParkingOther, >1 Space Per Unit, 1 Space/Unit, Carport
MLS #6770068

Summary

  • Flooring Type: Vinyl
  • Parking: Other, >1 Space Per Unit, 1 Space/Unit, Carport
  • Heating: Other, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $2,500,000
  • Directions: South on Cave Creek to Michigan Ave. Complex will be on the Right.
  • Year Built: 1983
  • MLS Number: 6770068
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Coldwell Banker Realty
  • Office Phone: (928) 282-4666
  • Office Email: jim.bowman@azmoves.com
  • Listing Agent: Amy D Brown

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

3

Campo Bello Elementary School

Public District KG-6

0.5 mi

2625 E Grovers Ave

2

Echo Mountain Intermediate School

Public District 4-6

0.6 mi

1811 E Michigan Ave # 3

1

Echo Mountain Primary School

Public District PK-3

0.6 mi

1811 E Michigan Ave # 3

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,935. Typical income of Phoenix, AZ residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

54%
<35k
34%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
15%
Single, with Kids
15%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 18202 Cave Creek Rd Unit 17Units

The listing price of 18202 Cave Creek Rd Unit 17Units property is $2,500,000.

The property 18202 Cave Creek Rd Unit 17Units is a house located in Phoenix, Arizona, 85032.

Active Listing: 18202 Cave Creek Rd Unit 17Units is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 18202 Cave Creek Rd Unit 17Units are: Campo Bello Elementary School (GreatSchools Rating 3/10), Echo Mountain Intermediate School (GreatSchools Rating 2/10), Echo Mountain Primary School (GreatSchools Rating 1/10), Greenway Middle School (GreatSchools Rating 2/10), Mountain Trail Middle School (GreatSchools Rating 5/10), Hearn Academy the - a Ball Charter School (GreatSchools Rating 8/10), North Canyon High School (GreatSchools Rating 4/10), Career Success Schools - STEM Academy 7-12 (GreatSchools Rating 1/10), Intelli-School - Paradise Valley (GreatSchools Rating 1/10).

The property at 18202 Cave Creek Rd Unit 17Units has 0 bathroom.

The year of construction for 18202 Cave Creek Rd Unit 17Units is 1983.

This home is located at 18202 Cave Creek Rd Unit 17Units in Phoenix, AZ and zip code 85032 in the Mountain Springs Terrace neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $2,500,000.

In June 2025 more than 188 listings in Phoenix, AZ were sold above the asking price. During the same period more than 341 listings were sold at asking price, while more than 788 were sold below. The number of listings in Phoenix, AZ decreased by 0.2% between May and June 2025. In June 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $460,087.

From Rocket Homes Real Estate and based on county public records data.

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