7440 E Cave Creek Road, Carefree, AZ 85377

$2,465,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$2,465,000
List Price
$2,495,000
Closing Date
Jun 30, 2025
Days on Market
96
Status
CLOSED
MLS#
6839986
City
Carefree
Subdivision
Carefree Too
Year Built
1963

Property Description

Nestled in the tranquil heart of Carefree, this beautifully renovated multifamily property offers 8 distinct units, each thoughtfully restored to blend vintage character with modern conveniences. Every inch of the property has been updated with attention to detail, featuring brand-new custom kitchens with ample storage, new custom bathrooms, vinyl plank flooring, new windows, and new fans and fixtures. Each unit is equipped with new in-unit washer/dryers, updated HVAC systems, new hot water heaters, ensuring comfort and convenience throughout.Residents can enjoy new outdoor amenities, including a sparkling pool and putting green. The property comprises four spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering a variety of living options.

Additional Information

School District
Cave Creek Unified District
Community Features
Other, Barbecue, Pool
Construction
Brick Veneer, Painted, Brick
Cooling
Ceiling Fan(s), Heat Pump
Electric
APS
Flooring
Vinyl
Heating
Electric
New Financing
No Carry, Conventional, 1031 Exchange
Parking Features
Paved, Free, 1 Space/Unit
Roofing
Rolled/Hot Mop
Sewer
Public Sewer
Subdivision
Carefree Too
Taxes
$1,324
Tax Year
2024
Units
8
Water
City Franchise
Zoning
Multi-Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Silverleaf Realty. Selling Office: RHP Real Estate.

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.