
Phoenix, AZ 85032
Analysis of 18202 N CAVE CREEK Road 241, Phoenix, AZ 85032 is currently available with a list price of $99,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While the building was constructed in 1983, the unit has undergone a recent comprehensive renovation (<5 years) including new flooring, fresh interior paint, updated cabinets, modern countertops, and new fixtures, placing it in mint, move-in-ready condition.
Priced under $100,000, this property offers a rare entry-level price point in the North Phoenix market, making it an ideal opportunity for first-time buyers or investors seeking high rental yield potential.
The unit is move-in ready with significant recent updates, including fresh interior paint, modern flooring, stylish countertops, and updated cabinetry, reducing immediate post-purchase capital expenditure.
Strategically located with rapid access to the Loop 101 and SR-51 freeways, and minutes away from major retail and entertainment hubs like Desert Ridge Marketplace and Costco.
At only 608 square feet for a two-bedroom layout, the living spaces and bedrooms are exceptionally small, which may limit the property's appeal to families or those requiring more storage.
The assigned public schools for this location carry low ratings (ranging from 2 to 4), which could be a deterrent for family-oriented tenants or future buyers concerned with educational quality.
Affordable North Phoenix Location! This highly desirable upstairs unit is perfectly situated near hiking trails, Costco, Desert Ridge Marketplace, and with easy access to the 101 and 51 freeways. Recently updated, this move-in-ready home boasts fresh interior paint, modern flooring, stylish countertops, updated cabinets, and new fixtures throughout. Enjoy a low monthly HOA fee that covers water, sewer, and garbage, plus access to a large community pool and covered parking. Located in the sought-after Paradise Valley School District, this property offers an excellent investment opportunity with ongoing HOA capital improvement projects enhancing the community. Don't miss this one!
No exterior & parking available.
Grades 2-6 • 0.7 mi
Grades PK-3 • 0.7 mi
Grades 7-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 608 | - |
| Lot Size | 64 | - |
| Price | $99.0K | $310.8K |
| Price per sq ft | $163 | $272 |
| Built year | 1983 | 0 |
| HOA | $375 | $0 |
| Days on market | 535 | 1408 |
Feb 3, 2025
$99,000
Initial Listing