38259 N Jacqueline Drive Unit 5, Cave Creek, AZ 85331
- $840,000
- Sold Price
- $840,000
- List Price
- $875,000
- Closing Date
- Feb 12, 2024
- Days on Market
- 38
- Status
- CLOSED
- MLS#
- 6641765
- City
- Cave Creek
- Subdivision
- Cave Creek Vista
- Year Built
- 1963
Property Description
Here is your chance to own a piece of Cave Creek! Located close to everything this 4-Plex is sure to be a rare find. Over the last 20 years, the units have had updated so it is not a 1963 original property. This property is a great option for an owner occupied investment property with one unit vacant and it even has a garage! Currently 3 units are occupied on month to month leases. One unit is vacant. The timing is right to take advantage of this great opportunity. With an open unit you can do what you would like with the property! Located in the heart of Cave Creek with no HOA, the possibilities are endless for this property. Unit #5 will need updates as that was last updated 20 years ago. Current rents are below market rent and are now scheduled to increase to meet market rent.
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Additional Information
- Community Features
- No Pool
- Construction
- Other, Painted, Stucco
- Cooling
- Ceiling Fan(s)
- Electric
- APS
- Flooring
- Ceramic Tile
- Heating
- Electric
- New Financing
- VA Loan, Conventional, 1031 Exchange
- Parking Features
- Open, 1 Space/Unit, On Street, >1 Space Per Unit, Assigned
- Roofing
- Foam
- Subdivision
- Cave Creek Vista
- Taxes
- $751
- Tax Year
- 2023
- Tenant Pays
- Electricity
- Units
- 4
- Water
- Private
- Zoning
- [MR] MULTI-FAMI
Mortgage Calculator
Listing courtesy of eXp Realty. Selling Office: HomeSmart.
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.