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Cave Creek, AZ Multifamily Homes & Duplexes for Sale

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  • 6088 E Knolls Way N, Cave Creek, AZ 85331
    6088 E Knolls Way N, Cave Creek, AZ 85331
    6088 E Knolls Way N, Cave Creek, AZ 85331
    /40

    $529,000

    • 2 Beds
    • 2 Baths
    • 1,470 Sq Ft

    6088 E Knolls Way N, Cave Creek, AZ 85331

    LOCATION!! In the Heart of ''downtown'' Cave Creek. Open, light and bright with the charm and character you want in the Southwest while modern and well laid out. Wonderful 2 bedroom split floor plan with a nice open den area for your office or library. Primary bedroom is large with a walk in closet, big walk in shower and double vanities. Granite Kitchen is open to the spacious living area.

    Cheryl Robinson Friedman Realty AZ, LLC

    6088 E Knolls Way N, Cave Creek, AZ 85331
  • 38500 N School House Rd Unit 17, Cave Creek, AZ 85331
    38500 N School House Rd Unit 17, Cave Creek, AZ 85331
    38500 N School House Rd Unit 17, Cave Creek, AZ 85331
    /48

    $899,999

    • 2 Beds
    • 2.5 Baths
    • 2,113 Sq Ft

    38500 N School House Rd Unit 17, Cave Creek, AZ 85331

    Breathtaking mountain views and dramatic Sonoran Desert landscape with the privacy of a cul-de-sac setting. Open concept design, featuring two bedrooms, flex room/ office, and 2.5 luxe baths. Gourmet kitchen highlights waterfall-edge social island seating, gas cooktop, dual wall ovens (one is a steam oven), microwave, stainless steel built-in appliances, wine captain and a large walk-in pantry.

    Tami Henderson Russ Lyon Sotheby's International Realty

    38500 N School House Rd Unit 17, Cave Creek, AZ 85331
  • 38405 N Jacqueline Dr Unit 1-4, Cave Creek, AZ 85331
    38405 N Jacqueline Dr Unit 1-4, Cave Creek, AZ 85331
    38405 N Jacqueline Dr Unit 1-4, Cave Creek, AZ 85331
    /13

    $1,100,000

    38405 N Jacqueline Dr Unit 1-4, Cave Creek, AZ 85331

    Welcome to Cave Creek Vista, a charming and quiet apartment community offering comfort and convenience in a cozy setting. With just a handful of well-maintained units, it provides for a peaceful, neighborly atmosphere while being within walking distance to the center of Cave Creek . Enjoy modern amenities, dedicated parking, and on-site laundry—all designed to make everyday living easy. All units

    Ronald Roberts AZ Brokerage Holdings, LLC

    38405 N Jacqueline Dr Unit 1-4, Cave Creek, AZ 85331
  • 31048 N 56th St, Cave Creek, AZ 85331
    31048 N 56th St, Cave Creek, AZ 85331
    31048 N 56th St, Cave Creek, AZ 85331
    /106

    $3,800,000

    • 4 Beds
    • 4.5 Baths
    • 8,048 Sq Ft

    31048 N 56th St, Cave Creek, AZ 85331

    Private 3.4-acre Cave Creek estate with 8,800+ sq ft of luxury living, a self-contained detached guest house, and a 12-car climate-controlled garage—designed to elevate both lifestyle and flexibility. A sweeping 360 circular drive leads to a 2,520 sq ft RV garage with pass-through access, dual cooling, and space for up to 12 vehicles—perfect for exotic cars, off-road toys, lifted trucks, or your

    Tara Munro Realty ONE Group

    31048 N 56th St, Cave Creek, AZ 85331
  • 34651 N 49th St, Cave Creek, AZ 85331
    34651 N 49th St, Cave Creek, AZ 85331
    34651 N 49th St, Cave Creek, AZ 85331
    /52

    $1,875,000

    34651 N 49th St, Cave Creek, AZ 85331

    TWO SEPARATE HOMES: PRIVATE stunning 2.5 Acre Estate with TWO fully Remodeled Homes and a Luxurious Pool & Outdoor Kitchen Oasis. PERFECT for extended family or short/ longer term investment opportunity. Welcome to your private paradise! This exceptional 2.5-acre estate boasts not one but two beautifully remodeled homes and a sparkling pool, making it the perfect retreat for

    Natosha Moore HomeSmart

    34651 N 49th St, Cave Creek, AZ 85331
Arizona Maricopa County Cave Creek

Multi-Family Homes & Duplexes for Sale in Cave Creek, AZ

Why Live in Cave Creek

Cave Creek, Arizona, located just north of Scottsdale, retains its Old West charm while offering modern amenities and attractions. This small town is known for its multi-acre parcels, attracting horse owners and families alike due to its well-rated Cave Creek Unified School District. Residents enjoy the natural beauty of the Sonoran Desert, with ample opportunities for hiking and horseback riding in areas like Spur Cross Ranch Conservation Area and Cave Creek Regional Park. The town also boasts the picturesque Rancho Manana Golf Club and proximity to Scottsdale's exclusive courses. Housing options in Cave Creek are diverse, ranging from ranches and horse properties to single-family homes, townhouses, and condos, with most homes built between the 1990s and 2020s. Downtown Cave Creek offers a lively atmosphere with locally owned shops, galleries, eateries, saloons, and biker bars, providing a taste of the Old West. Popular spots include The Buffalo Chip Saloon and Steakhouse and Harold’s Cave Creek Corral, known for live music, line dancing, and bull riding. Annual events like Cave Creek Rodeo Days in March and Bike Week in April draw visitors from across the country. Despite its rural feel, Cave Creek is within commuting distance to Phoenix and Scottsdale, with Loop 101 about 15 miles south and Phoenix Sky Harbor International Airport 35 miles away. The town has lower rates of violent and property crime compared to state and national levels, contributing to its appeal as a safe and welcoming community.

Learn more about living in Cave Creek

Home Trends in Cave Creek, AZ

On average, homes in Cave Creek, AZ sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Cave Creek, AZ over the last 12 months is $882,000, down 37% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$882,000
Median Single Family Sale Price
$979,000
Median Townhouse Sale Price
$630,000
Median 2 Bedroom Sale Price
$566,250
Average Price Per Sq Ft
$421
Number of Homes for Sale
26
Last 12 months Home Sales
304
Months of Supply
1.00
Median List Price
$975,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-37%
How to Buy a Home How to Finance a Home How to Sell a Home

In Cave Creek, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $529,000 to $3,800,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Cave Creek is $975,000, while the average sale price is $1,047,105, offering insights into the local housing market. On average, multi-family homes spend 56 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Cave Creek, AZ.

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