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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)
1,566
Average Days on the Market
1696
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
$449,900
$395,000
$695,000
$475,000
$200,000
$256,000
$449,900
$500,000
$600,000
$244,800
$650,000
$250,000
$286,000
$450,000
$299,999
$285,000
$549,000
$1,750,000
$455,000
$548,900
$350,000
$400,000
$1,300,000
$189,900
Days on the Market
Ascending
24
Land
$199,900
MLS# 6912919
ACTIVE
Listing Office: ProSmart Realty
Land
$400,000
MLS# 6912742
ACTIVE
Listing Office: HomeSmart
Land
$1,600,000
MLS# 6910730
ACTIVE
Listing Office: Coldwell Banker Realty
Land
$300,000
MLS# 6909994
ACTIVE
Listing Office: Real Broker
Land
$1,300,000
MLS# 6908757
ACTIVE
Listing Office: Compass
Land
$333,000
MLS# 6908133
ACTIVE
Listing Office: Realty ONE Group
Land
$350,000
MLS# 6906867
ACTIVE
Listing Office: Ripson Realty
Land
$750,000
MLS# 6906988
ACTIVE
Listing Office: RC Realty
Multiple Dwellings
$850,000
MLS# 6901765
ACTIVE
Listing Office: Compass
Multiple Dwellings
$715,000
MLS# 6892131
PENDING
Listing Office: eXp Realty
Multiple Dwellings
$715,000
MLS# 6892141
PENDING
Listing Office: eXp Realty
Land
$119,900
MLS# 6902689
ACTIVE
Listing Office: RE/MAX Excalibur
Land
$189,900
MLS# 6902788
ACTIVE
Listing Office: Compass
Land
$1,599,999
MLS# 6901309
PENDING
Listing Office: City to City Commercial
Land
$485,000
MLS# 6900096
PENDING
Listing Office: Russ Lyon Sotheby's International Realty
Land
$850,000
MLS# 6897962
ACTIVE
Listing Office: Good Oak Real Estate
Land
$749,500
MLS# 6896340
ACTIVE
Listing Office: Realty ONE Group
Land
$349,000
MLS# 6894317
ACTIVE
Listing Office: Coldwell Banker Realty
land
$475,000
MLS# 6893932
ACTIVE
Listing Office: Compass
land
$275,000
MLS# 6893939
ACTIVE
Listing Office: Compass
Land
$449,000
MLS# 6893694
ACTIVE
Listing Office: Limitless Real Estate
Land
$449,000
MLS# 6893697
ACTIVE
Listing Office: Limitless Real Estate
Land
$449,000
MLS# 6893704
ACTIVE
Listing Office: Limitless Real Estate
Land
$449,000
MLS# 6893702
ACTIVE
Listing Office: Limitless Real Estate
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