18202 N CAVE CREEK Road 240, Phoenix, AZ 85032 — photo 1 of 8

ActiveMLS #7016285

$125,000

18202 N CAVE CREEK Road #240

Phoenix, AZ 85032

2beds

1baths

836sqft

Price per sqft: $150/sqft
Listed: Apr 18, 2026
Since listed: 151 days
Lot: 85 sqft lot

Home highlights

Single-story

About this home

2 bed / 1 bath condo. Great investment property for investors. Close to 101/FRWY AND SR 51 Minutes from Desert ridge Market Place This complex offers amenities like a pool, Lush Landscaping. Close to shopping and dining. Tenant in place. Current rent $1200/mo. with room to raise rent. month to month lease.

From ARMLS

Property details

Home & layout

Property type: Apartment
Bedrooms: 2
Bathrooms: 1
Living area: 836 sqft
Year built: 1983
Stories: Single-story

Interior

Interior features: High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm
Flooring: Laminate, Wood
Laundry: None
Windows: Solar Screens

Systems & utilities

Heating: Electric
Cooling: Central Air
Sewer: Public Sewer
Water source: City Water

Lot, exterior & construction

Lot size: 85 sqft lot
Lot features: None
Construction: Stucco, Wood Frame, Painted
Roof: Built-Up
Fencing: None
Spa: None

Parking & access

Garage: 0 spaces
Carport: 1 spaces
Covered parking: 1 spaces
Parking features: Attached Carport, Assigned, Permit Required

Community & lifestyle

Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
Community features: Pool, Near Bus Stop, Community Laundry, Coin-Op Laundry
HOA: $375 monthly
HOA name: Peterson Group

Location

Explore the neighborhood

18202 N CAVE CREEK Road #240, Phoenix, AZ 85032

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Map location is based on MLS coordinates. Verify the exact property location before visiting.

Schools

Elementary: Campo Bello Elementary School
Middle: Palomino Intermediate School
High: Paradise Valley High School

School assignments can change and are not guaranteed. Please verify enrollment directly with the district.

Listing information

Status: Active
MLS number: 7016285
Listed: Apr 18, 2026
Last updated: Aug 28, 2026, 12:39 PM MST
County: Maricopa
Tax year: 2025
Listing terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Possession: Close of Escrow
Special conditions: N/A
Listing agent: Kate Allen
Listing brokerage: Regent Goldstar Real Estate

Planning tool

Monthly payment estimate

Adjust the assumptions below to explore a possible monthly payment for this home.

Home price

Down payment

Example interest rate

Loan term

Estimated annual property taxes

MLS did not provide the tax amount, so this starts at 0.52% of the home price and updates with it.

Estimated annual homeowners insurance

Starts at 0.35% of the home price and remains fully editable.

Monthly HOA

Monthly mortgage insurance

Estimated monthly total

$1,098

$100,000 loan after a $25,000 down payment

Principal & interest: $632
Property taxes: $54
Homeowners insurance: $36
HOA: $375
Mortgage insurance: $0

Estimate only—not a loan quote. The example rate is editable and is not represented as a current lender rate. When MLS does not provide annual taxes, the calculator starts with an editable percentage-of-price estimate. Homeowners insurance also starts with an editable percentage-of-price estimate instead of $0. Actual payments vary and may also include lender fees, closing costs, utilities, maintenance, and other expenses. Verify taxes, insurance, HOA dues, and financing with the appropriate professionals.

Wendy Macica

Simply Real Estate

I can represent you on this home, answer your questions honestly, and arrange a private tour — whoever holds the listing.

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Listing courtesy of Kate Allen, Regent Goldstar Real Estate.

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