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Average List Price
$632,488
Average Price per Sqft
$307
Number of Active Listings
5,165
New Listings (last 30 days)
1,305
Average Days on the Market
79
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1151
Average Sale Price (last 30 days)
$598,195
Rental Market
Average Rent per month
$4,978
Phoenix, Arizona, is a hotspot for multifamily income properties, boasting a booming economy, rapid population growth, and a strong rental market. As one of the fastest-growing cities in the United States, Phoenix attracts a diverse tenant base, including young professionals, retirees, and families seeking affordability and opportunity. The city's sunny climate and business-friendly environment have fueled development and demand for quality housing, making it an ideal market for investors. With a mix of modern apartment complexes, mid-sized developments, and high-demand suburban communities, Phoenix offers a range of multifamily investment opportunities. Its steady rental growth and low vacancy rates make it a prime destination for those seeking strong cash flow and long-term value in the multifamily sector.
Map of the area
$329,000
$450,000
$350,000
$899,000
$225,000
$2,500,000
$350,000
Days on the Market
Ascending
24
Land
$329,000
MLS# 7050370
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Land
$329,000
MLS# 7050367
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Land
$329,000
MLS# 7050363
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Land
$385,000
MLS# 7050598
ACTIVE
Listing Office: Realty ONE Group
Land
$179,000
MLS# 7050151
ACTIVE
Listing Office: eXp Realty
Land
$520,000
MLS# 7049982
ACTIVE
Listing Office: My Home Group Real Estate
Land
$299,000
MLS# 7050005
ACTIVE
Listing Office: West USA Realty
Land
$320,000
MLS# 7050003
ACTIVE
Listing Office: West USA Realty
Land
$475,000
MLS# 7050092
ACTIVE
Listing Office: Arizona 1st Land & Home RE Co
Multiple Dwellings
$600,000
MLS# 7048471
ACTIVE
Listing Office: SERHANT.
Land
$225,000
MLS# 7049702
ACTIVE
Listing Office: HomeSmart
Land
$199,000
MLS# 7049821
ACTIVE
Listing Office: Real Broker
Land
$225,000
MLS# 7049806
ACTIVE
Listing Office: Real Broker
Land
$199,000
MLS# 7049786
ACTIVE
Listing Office: Redrock RE Partners
Land
$1,200,000
MLS# 7049492
ACTIVE
Listing Office: Realty ONE Group
Land
$230,000
MLS# 6970130
ACTIVE
Listing Office: Vylla Home
Land
$400,000
MLS# 7049082
ACTIVE
Listing Office: HomeSmart
Land
$300,000
MLS# 7048596
ACTIVE
Listing Office: Real Broker
Land
$250,000
MLS# 7048446
ACTIVE
Listing Office: Real Broker
Land
$499,999
MLS# 7024310
PENDING
Listing Office: eXp Realty
Land
$398,000
MLS# 7047930
ACTIVE
Listing Office: HomeSmart
Land
$130,000
MLS# 7047959
ACTIVE
Listing Office: HomeSmart
Land
$100,000
MLS# 7034038
PENDING
Listing Office: The Tori Jones Group, LLC
Land
$100,000
MLS# 7034041
PENDING
Listing Office: The Tori Jones Group, LLC
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