Mountain Springs Terrace Condominium Homes under $900,000

Mountain Springs Terrace Condominium Homes under $900,000

Welcome to Mountain Springs Terrace Condominium, a hidden gem nestled in the heart of Phoenix, Arizona! This charming subdivision offers a perfect blend of comfort, convenience, and community, making it an ideal choice for first-time homebuyers and seasoned investors alike.

Situated in vibrant Maricopa County, Mountain Springs Terrace boasts a prime location that provides easy access to the best that Phoenix has to offer. Residents can enjoy nearby parks, shopping centers, and a variety of dining options, all while being just a stone's throw away from the stunning desert landscape that Arizona is renowned for.

One of the standout features of Mountain Springs Terrace is the diverse selection of homes available, with many priced under $900,000. Whether you’re looking for a cozy two-bedroom condo or a spacious three-bedroom unit, you’ll find properties that cater to a range of lifestyles and preferences. Each home is thoughtfully designed with modern amenities, open floor plans, and beautiful outdoor spaces that invite you to enjoy the breathtaking Arizona sunsets.

In addition to the attractive homes, Mountain Springs Terrace fosters a welcoming community atmosphere, where neighbors become friends and shared experiences create lasting memories. Enjoy leisurely strolls through the well-maintained grounds, take a dip in the community pool, or relax at the nearby parks—there’s something for everyone here!

Discover the charm of Mountain Springs Terrace Condominium, where the beauty of Phoenix meets the comfort of home. Your dream property awaits!

Newest Mountain Springs Terrace Condominium Homes under $900,000

18202 N Cave Creek Road Unit 128, Phoenix
$115,000
2 Beds ⋅ 1 Baths ⋅ 7089761 MLS
Welcome to Mountain Springs Terrace! This 2-bedroom, 1-bath single-level condo offers 836 sq. ft. of functional living space in a convenient North Phoenix location. The interior features a combination of laminate and tile flooring, a formal dining area, central air, and a kitchen equipped with a gas range, gas oven, dishwasher, and refrigerator. Enjoy the convenience of assigned covered parking and easy access to shopping, dining, Loop 101, SR-51, and nearby amenities. Located near Cave Creek Road and Union Hills, this property offers a great opportunity for an owner-occupant or investor looking for an affordable home in the Phoenix market.

18202 N Cave Creek Road Unit 128, Phoenix
18202 N Cave Creek Road Nw Unit 224, Phoenix
$116,000
1 Beds ⋅ 1 Baths ⋅ 7039953 MLS
Move-in ready condo at Mountain Springs! Enjoy living in a highly desirable North Phoenix location, close to parks, schools, restaurants, and with easy access to Hwy 101 and 51 freeways. Step inside this inviting second-level unit to discover an open, flowing layout enhanced by tile flooring and neutral paint. The kitchen features easy lighting, abundant wood cabinetry, ample counter space, and built-in appliances. The spacious bedroom offers a convenient closet, while the full bathroom provides everyday comfort. The community includes 1 assigned carport parking. Simply pack your bags and make this condo your new home!

18202 N Cave Creek Road Nw Unit 224, Phoenix
18202 N Cave Creek Road Unit 206, Phoenix
$115,000
1 Beds ⋅ 1 Baths ⋅ 7016305 MLS
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
18202 N Cave Creek Road Unit 106, Phoenix
$95,000
1 Beds ⋅ 1 Baths ⋅ 7016296 MLS
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
18202 N Cave Creek Road Unit 240, Phoenix
$125,000
2 Beds ⋅ 1 Baths ⋅ 7016285 MLS
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
18202 N Cave Creek Road Unit 216, Phoenix
$125,000
2 Beds ⋅ 1 Baths ⋅ 7016269 MLS
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
18202 Cave Creek Road Unit 5 units, 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
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