Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash
CloseDaily local analysis
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
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 90th percentile of that active group. The comparison uses 693 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
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 $401,250, and the median is $221 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 |
|---|---|---|---|---|
| 2048 W CLAREMONT Street, Phoenix, AZ 85015 | Apr 14, 2026 | 3 bd · 1,366 sqft | $372,000 | 0.1 mi |
| 2116 W KEIM Drive, Phoenix, AZ 85015 | Apr 13, 2026 | 4 bd · 2,807 sqft | $530,000 | 0.1 mi |
| 6207 N 21ST Drive, Phoenix, AZ 85015 | Apr 29, 2026 | 2 bd · 1,251 sqft | $300,000 | 0.2 mi |
| 6215 N 21ST Drive, Phoenix, AZ 85015 | May 8, 2026 | 3 bd · 1,797 sqft | $342,000 | 0.2 mi |
| 6221 N 21ST Drive, Phoenix, AZ 85015 | Aug 5, 2026 | 3 bd · 1,894 sqft | $407,500 | 0.2 mi |
| 6214 N 21ST Drive, Phoenix, AZ 85015 | Apr 28, 2026 | 3 bd · 1,894 sqft | $395,000 | 0.2 mi |
| 2138 W KEIM Drive, Phoenix, AZ 85015 | Jul 6, 2026 | 5 bd · 2,111 sqft | $500,000 | 0.2 mi |
| 2056 W Marlette Avenue, Phoenix, AZ 85015 | Jun 2, 2026 | 3 bd · 1,867 sqft | $425,000 | 0.2 mi |
MLS timeline
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.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Phoenix homes for sale · See the Phoenix market report