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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)
1,565
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
$145,000
$1,689,715
$1,900,000
Days on the Market
Ascending
24
land
$2,999,000
MLS# 6889661
ACTIVE
Listing Office: My Home Group Real Estate
Land
$1,027,500
MLS# 6444592
ACTIVE
Listing Office: RE/MAX Desert Showcase
Land
$937,125
MLS# 6444596
ACTIVE
Listing Office: RE/MAX Desert Showcase
Land
$1,002,000
MLS# 6444599
ACTIVE
Listing Office: RE/MAX Desert Showcase
Land
$199,000
MLS# 6887413
ACTIVE
Listing Office: J. D. Campbell Realty, Inc.
Land
$750,000
MLS# 6728188
ACTIVE
Listing Office: Realty ONE Group
Land
$2,999,000
MLS# 6886044
ACTIVE
Listing Office: Griggs's Group Powered by The Altman Brothers
Land
$349,000
MLS# 6844895
ACTIVE
Listing Office: West USA Realty
Land
$595,000
MLS# 6882890
ACTIVE
Listing Office: eXp Realty
Land
$449,000
MLS# 6881888
ACTIVE
Listing Office: HomeSmart
Land
$549,900
MLS# 6880733
ACTIVE
Listing Office: RHouse Realty
Land
$875,000
MLS# 6879834
ACTIVE
Listing Office: Realty ONE Group
Land
$285,000
MLS# 6879101
CONTRACT
Listing Office: R.O.I. Properties
Land
$950,000
MLS# 6877487
ACTIVE
Listing Office: My Home Group Real Estate
land
$850,000
MLS# 6876507
ACTIVE
Listing Office: HomeSmart
Land
$580,000
MLS# 6875226
ACTIVE
Listing Office: My Home Group Real Estate
Land
$199,000
MLS# 6871932
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Land
$945,000
MLS# 6817370
ACTIVE
Listing Office: Jerome Doris Realty
Land
$675,000
MLS# 6869630
ACTIVE
Listing Office: eXp Realty
Land
$1,499,800
MLS# 6869941
ACTIVE
Listing Office: Coldwell Banker Realty
Land
$841,822
MLS# 6869948
ACTIVE
Listing Office: Coldwell Banker Realty
Land
$657,978
MLS# 6869957
ACTIVE
Listing Office: Coldwell Banker Realty
Land
$238,000
MLS# 6869764
ACTIVE
Listing Office: The Brokery
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