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Average List Price
$651,166
Average Price per Sqft
$314
Number of Active Listings
7,640
New Listings (last 30 days)
1,810
Average Days on the Market
1364
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1133
Average Sale Price (last 30 days)
$581,597
Rental Market
Average Rent per month
$2,941
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
$499,900
$300,000
$299,900
$375,000
$475,000
$599,999
$20,000
$499,000
$499,900
$400,000
$695,000
$415,000
$850,000
$449,000
$549,900
Days on the Market
Ascending
24
Multiple Dwellings
$850,000
MLS# 7014430
ACTIVE
Listing Office: Beyond Realty LLC
Multiple Dwellings
$450,000
MLS# 6998651
ACTIVE
Listing Office: Get Multifamily
Business Opportunity
$100,000
MLS# 6897877
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$1,099,900
MLS# 6838625
PENDING
Listing Office: JM Realty
Multiple Dwellings
$699,000
MLS# 6993109
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Multiple Dwellings
$815,000
MLS# 6978472
ACTIVE
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$1,050,000
MLS# 6942839
ACTIVE
Listing Office: Your Home Sold Guaranteed Realty
Business Opportunity
$2,200,000
MLS# 6720294
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$790,000
MLS# 6951436
ACTIVE
Listing Office: AZ Flat Fee
Multiple Dwellings
$650,000
MLS# 7008184
ACTIVE
Listing Office: FSR Realty
Multiple Dwellings
$479,900
MLS# 6969526
CONTRACT
Listing Office: HomeSmart
Multiple Dwellings
$1,956,000
MLS# 7004828
ACTIVE
Listing Office: Source Real Estate
Multiple Dwellings
$1,635,000
MLS# 6936056
ACTIVE
Listing Office: Kristopher Realty
Business Opportunity
$9,750
MLS# 6740413
ACTIVE
Listing Office: RE/MAX Fine Properties
Multiple Dwellings
$1,650,000
MLS# 7007446
ACTIVE
Listing Office: Coldwell Banker Commercial Realty
Multiple Dwellings
$7,950,000
MLS# 7001746
ACTIVE
Listing Office: FSR Realty
Multiple Dwellings
$515,000
MLS# 6978483
ACTIVE
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$5,300,000
MLS# 6967933
ACTIVE
Listing Office: HomeSmart
Multiple Dwellings
$3,300,000
MLS# 6955610
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$1,825,000
MLS# 6938319
ACTIVE
Listing Office: Grigg's Group Powered by The Altman Brothers
Multiple Dwellings
$549,000
MLS# 7004045
ACTIVE
Listing Office: Service Star Realty
Multiple Dwellings
$510,300
MLS# 6920059
ACTIVE
Listing Office: Gentry Real Estate
Multiple Dwellings
$510,300
MLS# 6962784
ACTIVE
Listing Office: Gentry Real Estate
Multiple Dwellings
$539,400
MLS# 6970111
ACTIVE
Listing Office: Gentry Real Estate
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