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Average List Price
$649,847
Average Price per Sqft
$314
Number of Active Listings
7,525
New Listings (last 30 days)
1,853
Average Days on the Market
1417
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
$2,883
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
$275,000
$214,999
$115,000
$124,900
$299,900
$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
$1,400,000
Days on the Market
Ascending
24
Multiple Dwellings
$499,900
MLS# 7010114
ACTIVE
Listing Office: Get Multifamily
Multiple Dwellings
$1,325,000
MLS# 7010684
ACTIVE
Listing Office: Orion Investment Real Estate
Multiple Dwellings
$445,990
MLS# 7006724
ACTIVE
Listing Office: DeLex Realty
Business Opportunity
$187,500
MLS# 7010126
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$390,000
MLS# 6966851
ACTIVE
Listing Office: Success Property Brokers
Multiple Dwellings
$185,000
MLS# 6994134
PENDING
Listing Office: Crane Real Estate
Business Opportunity
$350,000
MLS# 6870853
ACTIVE
Listing Office: Innovated Realty LLC
Multiple Dwellings
$489,000
MLS# 6993969
CONTRACT
Listing Office: United Southwest Realty
Multiple Dwellings
$683,990
MLS# 6987709
ACTIVE
Listing Office: eXp Realty
Multiple Dwellings
$925,000
MLS# 6969126
PENDING
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$649,000
MLS# 6938774
ACTIVE
Listing Office: CTS Realty
Multiple Dwellings
$985,000
MLS# 6988580
ACTIVE
Listing Office: Cambridge Properties
Multiple Dwellings
$840,000
MLS# 6984600
ACTIVE
Listing Office: Barrett Real Estate
Multiple Dwellings
$799,900
MLS# 6982836
CONTRACT
Listing Office: Get Multifamily
Multiple Dwellings
$599,000
MLS# 7011513
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Multiple Dwellings
$539,900
MLS# 7004013
CONTRACT
Listing Office: Grayson Real Estate
Multiple Dwellings
$1,295,000
MLS# 7012867
ACTIVE
Listing Office: Coldwell Banker Commercial Realty
Multiple Dwellings
$539,999
MLS# 6969394
CONTRACT
Listing Office: My Home Group Real Estate
Multiple Dwellings
$1,325,000
MLS# 6955650
CONTRACT
Listing Office: ABI Multifamily
Multiple Dwellings
$925,000
MLS# 6987958
CONTRACT
Listing Office: Cambridge Properties
Multiple Dwellings
$643,000
MLS# 6972312
ACTIVE
Listing Office: Open House Realty
Multiple Dwellings
$535,000
MLS# 7009835
ACTIVE
Listing Office: Barrett Real Estate
Multiple Dwellings
$1,099,900
MLS# 6785949
ACTIVE
Listing Office: JM Realty
Business Opportunity
$695,000
MLS# 6992163
ACTIVE
Listing Office: American Realty Brokers
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