18202 Cave Creek Road 17units, Phoenix, AZ 85032, Phoenix AZ 85032
17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per u
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 82nd percentile of that active group. The comparison uses 698 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $35,000, and the median is $42 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 18202 N CAVE CREEK Road 113, Phoenix, AZ 85032 | Aug 28, 2026 | 3 bd · 836 sqft | $115,000 | 0.0 mi |
| 18250 N CAVE CREEK Road 190, Phoenix, AZ 85032 | Jul 2, 2026 | 2 bd · 1,440 sqft | $295,000 | 0.1 mi |
| 18250 N CAVE CREEK Road 161, Phoenix, AZ 85032 | Jun 8, 2026 | 2 bd · 1,440 sqft | $305,000 | 0.1 mi |
| 18026 N CAVE CREEK Road 63, Phoenix, AZ 85032 | Jul 21, 2026 | 2 bd · 1,120 sqft | $35,000 | 0.1 mi |
| 18026 N CAVE CREEK Road 35, Phoenix, AZ 85032 | Oct 1, 2026 | 2 bd · 960 sqft | $35,000 | 0.1 mi |
| 18026 N Cave Creek Road 69, Phoenix, AZ 85032 | Sep 11, 2026 | 2 bd · 1,056 sqft | $23,000 | 0.1 mi |
| 18026 N Cave Creek Road 1, Phoenix, AZ 85032 | Jul 27, 2026 | 1 bd · 728 sqft | $35,000 | 0.1 mi |
| 18026 N Cave Creek Road 125, Phoenix, AZ 85032 | May 19, 2026 | 2 bd · 960 sqft | $35,000 | 0.1 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $2,125,000 · Active
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