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Average List Price
$649,800
Average Price per Sqft
$314
Number of Active Listings
7,520
New Listings (last 30 days)
1,852
Average Days on the Market
1425
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1280
Average Sale Price (last 30 days)
$583,967
Rental Market
Average Rent per month
$2,882
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
$200,000
$200,000
$349,900
$115,000
$299,000
$399,000
$450,000
$198,500
$350,000
$703,500
$210,000
$495,000
$150,000
$400,000
$1
$899,000
$225,000
$169,000
$949,000
$155,000
$149,000
$249,000
$139,900
$250,000
Days on the Market
Ascending
24
Land
$825,000
MLS# 6855784
ACTIVE
Listing Office: City to City Commercial
multiple dwellings
$450,000
MLS# 6847522
ACTIVE
Listing Office: HomeSmart
Land
$165,000
MLS# 6853110
ACTIVE
Listing Office: My Home Group Real Estate
Land
$115,000
MLS# 6853128
ACTIVE
Listing Office: My Home Group Real Estate
Land
$235,000
MLS# 6851145
ACTIVE
Listing Office: HomeSmart
Land
$235,000
MLS# 6850606
ACTIVE
Listing Office: HomeSmart
Land
$219,900
MLS# 6848419
ACTIVE
Listing Office: Sun West Management & Realty
Land
$405,000
MLS# 6847870
ACTIVE
Listing Office: HomeSmart
Land
$299,900
MLS# 6845556
ACTIVE
Listing Office: My Home Group Real Estate
Land
$2,500,000
MLS# 6845640
ACTIVE
Listing Office: Home Base Realty
Land
$194,500
MLS# 6844522
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
land
$550,000
MLS# 6843992
ACTIVE
Listing Office: Tierra Antigua Realty, LLC
Land
$499,900
MLS# 6843507
ACTIVE
Listing Office: RealtyONEGroup Mountain Desert
Land
$299,000
MLS# 6840410
ACTIVE
Listing Office: Locality Homes
Land
$800,000
MLS# 6838390
CONTRACT
Listing Office: Swallows & Associates Realty
Land
$499,000
MLS# 6832448
ACTIVE
Listing Office: My Home Group Real Estate
Land
$600,000
MLS# 6828088
ACTIVE
Listing Office: Realty ONE Group
Land
$80,000
MLS# 6744250
ACTIVE
Listing Office: eXp Realty
Land
$595,000
MLS# 6821970
ACTIVE
Listing Office: West USA Realty
Land
$599,000
MLS# 6749362
ACTIVE
Listing Office: Realty ONE Group
Multiple Dwellings
$700,000
MLS# 6816622
ACTIVE
Listing Office: RE/MAX Desert Showcase
Multiple Dwellings
$589,999
MLS# 6816664
ACTIVE
Listing Office: RE/MAX Desert Showcase
Multiple Dwellings
$425,000
MLS# 6808145
PENDING
Listing Office: Realty ONE Group
Land
$499,999
MLS# 6808645
ACTIVE
Listing Office: Arizona 1st Land & Home RE Co
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