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Average List Price
$653,241
Average Price per Sqft
$315
Number of Active Listings
7,303
New Listings (last 30 days)
1,639
Average Days on the Market
1695
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1214
Average Sale Price (last 30 days)
$580,672
Rental Market
Average Rent per month
$2,809
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
$299,900
$275,000
$210,000
$3,000,000
$2,860,625
$249,900
$249,900
$169,000
$735,000
$950,000
$140,000
$699,000
$1,250,000
$400,000
$1,675,000
$170,000
$330,000
$185,000
$599,000
$225,000
$250,000
$1,400,000
$429,000
$300,000
Days on the Market
Ascending
24
Land
$299,900
MLS# 7014585
ACTIVE
Listing Office: Valley Views RE
Land
$1,000,000
MLS# 7015021
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Land
$1,100,000
MLS# 7013579
ACTIVE
Listing Office: The Marsh Partners
Land
$1,200,000
MLS# 7012777
ACTIVE
Listing Office: Prestige Realty
Land
$450,000
MLS# 6957103
ACTIVE
Listing Office: DPR Realty LLC
Land
$198,500
MLS# 7011993
ACTIVE
Listing Office: Realty ONE Group
Land
$109,000
MLS# 7011509
ACTIVE
Listing Office: RE/MAX Fine Properties
Land
$2,000,000
MLS# 7010440
ACTIVE
Listing Office: Apex Residential
Land
$275,000
MLS# 7010366
ACTIVE
Listing Office: A.Z. & Associates
Land
$299,900
MLS# 7010287
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
land
$214,900
MLS# 7009696
ACTIVE
Listing Office: RBR & Associates
land
$214,900
MLS# 7009697
ACTIVE
Listing Office: RBR & Associates
Land
$350,000
MLS# 7009593
ACTIVE
Listing Office: ABI Multifamily
Land
$3,000,000
MLS# 7009649
ACTIVE
Listing Office: Realty ONE Group
Land
$350,000
MLS# 7009071
ACTIVE
Listing Office: Gentry Real Estate
Land
$449,900
MLS# 7007760
ACTIVE
Listing Office: Timothy Hoogstad Realty
Land
$703,500
MLS# 6764695
ACTIVE
Listing Office: R.O.I. Properties
Land
$210,000
MLS# 6886266
ACTIVE
Listing Office: West USA Realty
Land
$395,000
MLS# 6889054
ACTIVE
Listing Office: Compass
Land
$724,000
MLS# 7001582
CONTRACT
Listing Office: Realty ONE Group
Land
$1,299,000
MLS# 7006132
ACTIVE
Listing Office: The Brokery
Land
$119,000
MLS# 7005524
ACTIVE
Listing Office: Keller Williams Arizona Realty
Land
$135,000
MLS# 7005371
Closed
Listing Office: Western Vistas
Land
$349,000
MLS# 7004087
ACTIVE
Listing Office: HomeSmart
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