Mountain Springs Terrace Condominiums Real Estate

Mountain Springs Terrace Condominiums Real Estate

Mountain Springs Terrace Condominiums: A Serene Retreat in Phoenix, Arizona

Nestled in the heart of Phoenix, Arizona, Mountain Springs Terrace Condominiums offers residents a tranquil and picturesque living experience. Located in Maricopa County, this charming community is situated in the scenic state of Arizona, known for its breathtaking landscapes and vibrant culture.

Mountain Springs Terrace Condominiums is the perfect place for those seeking a peaceful retreat while still being close to the amenities and attractions of the city. Surrounded by stunning mountain views and lush greenery, residents can enjoy the beauty of nature right at their doorstep.

The neighborhood offers a range of housing options, including spacious and well-designed condominiums that cater to various lifestyles and preferences. With modern amenities and well-maintained common areas, residents can truly experience a comfortable and convenient living environment.

In addition to its natural beauty, Mountain Springs Terrace Condominiums boasts a prime location. The vibrant city of Phoenix is just a short drive away, offering residents endless opportunities for entertainment, shopping, and dining. From exploring the vibrant downtown area to hiking in the nearby mountains, there is always something exciting to do in this dynamic city.

Furthermore, the community is well-connected to major highways, making it easy for residents to commute to work or explore other parts of the city. With top-rated schools, convenient shopping centers, and recreational facilities in close proximity, Mountain Springs Terrace Condominiums provides a well-rounded and fulfilling lifestyle for its residents.

If you are looking for a serene retreat in the bustling city of Phoenix, Mountain Springs Terrace Condominiums is the perfect place to call home. Experience the beauty of Arizona and enjoy a peaceful and convenient lifestyle in this charming neighborhood.

Newest Listings in Mountain Springs Terrace Condominiums

$122,000
3 Beds ⋅ 1 Baths ⋅ 7038634 MLS ⋅ 836 SqFt.
Skip the landlord. This bright, move-in ready 2-bed/1-bath condo puts ownership within reach at a price that beats renting long-term. As a corner unit, you get more windows and more light than your typical condo -- a rare find at this price point. Fresh paint and a new microwave mean you unpack and settle in, not renovate. Everything you need comes with it: washer, dryer, and refrigerator included. The community adds a pool, laundry facilities, and a community center. Step outside and you're minutes from Desert Ridge's restaurants, shopping, and entertainment -- plus easy access to nearby colleges and major transportation routes. This is a condo (not a co-op), so financing is straightforward. Whether you're a first-time buyer or adding to your portfolio, this one checks the boxes.

18202 N Cave Creek Road Unit 113, Phoenix
$115,000
1 Beds ⋅ 1 Baths ⋅ 7016305 MLS ⋅ 608 SqFt.
1 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 $1050/mo. with room to raise rent. month to month lease.

18202 N Cave Creek Road Unit 206, Phoenix
$95,000
1 Beds ⋅ 1 Baths ⋅ 7016296 MLS ⋅ 608 SqFt.
1 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 $1050/mo. with room to raise rent. month to month lease.

18202 N Cave Creek Road Unit 106, Phoenix
$125,000
2 Beds ⋅ 1 Baths ⋅ 7016285 MLS ⋅ 836 SqFt.
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.

18202 N Cave Creek Road Unit 240, Phoenix
$125,000
2 Beds ⋅ 1 Baths ⋅ 7016269 MLS ⋅ 836 SqFt.
Remodeled 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 $1075/mo with room to raise rent. month to month lease.

18202 N Cave Creek Road Unit 216, Phoenix
$178,000
2 Beds ⋅ 2 Baths ⋅ 6921798 MLS ⋅ 836 SqFt.
Come and meet your future home! Owner has taken great care and has remodeled the whole place, new cabinets, new marble countertops, new paint and new fixtures! No carpet, just flooring throughout home. Move in ready! Washer, dryer and refrigerator are included. Community has a laundry area, a community pool, and a community center ready for you to celebrate those important dates. BONUS! Electric fireplace just in time for fall/winter seasons!

18202 N Cave Creek Road Unit 245, Phoenix
$625,000
5 Beds ⋅ 5 Baths ⋅ 6770097 MLS
5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 5 units, Phoenix
$2,125,000
29 Beds ⋅ 29 Baths ⋅ 6770068 MLS
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 unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix
Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.