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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
$350,000
$724,000
$544,000
$375,000
$340,000
$1,200,000
$289,000
$12,500,000
$295,000
3D Tour
$165,000
$165,000
$750,000
$199,000
3D Tour
$1,747,000
$600,000
$300,000
$9,500,000
Days on the Market
Ascending
24
Multiple Dwellings
$650,000
MLS# 6978806
ACTIVE
Listing Office: Re/Max Fine Properties
Business Opportunity
$295,000
MLS# 6978996
Closed
Listing Office: American Realty Brokers
Multiple Dwellings
$325,000
MLS# 6979670
ACTIVE
Listing Office: HomeSmart
Business Opportunity
$150,000
MLS# 6979896
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$2,600,000
MLS# 6979920
ACTIVE
Listing Office: eXp Realty
Business Opportunity
$495,000
MLS# 6980086
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$1,950,630
MLS# 6980315
ACTIVE
Listing Office: Platinum Realty Group
Multiple Dwellings
$925,000
MLS# 6984256
PENDING
Listing Office: AZ Equity Properties
Multiple Dwellings
$840,000
MLS# 6984600
ACTIVE
Listing Office: Barrett Real Estate
Multiple Dwellings
$810,000
MLS# 6984618
ACTIVE
Listing Office: Beyond Realty LLC
Multiple Dwellings
$650,000
MLS# 6990515
ACTIVE
Listing Office: Compass
Multiple Dwellings
$595,000
MLS# 6992217
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$409,800
MLS# 6995443
ACTIVE
Listing Office: The Melcher Agency
Multiple Dwellings
$949,900
MLS# 6995709
ACTIVE
Listing Office: Orion Investment Real Estate
Multiple Dwellings
$700,000
MLS# 6996611
ACTIVE
Listing Office: Orion Investment Real Estate
Multiple Dwellings
$500,000
MLS# 6996631
ACTIVE
Listing Office: Orion Investment Real Estate
Multiple Dwellings
$700,000
MLS# 6996654
ACTIVE
Listing Office: HomeSmart
Multiple Dwellings
$599,900
MLS# 6996997
ACTIVE
Listing Office: HomeSmart
Multiple Dwellings
$2,100,000
MLS# 6997176
ACTIVE
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$925,000
MLS# 6987958
CONTRACT
Listing Office: Cambridge Properties
Multiple Dwellings
$480,000
MLS# 6987996
ACTIVE
Listing Office: Rosenbaum Realty Group
Multiple Dwellings
$345,000
MLS# 6987999
ACTIVE
Listing Office: Rosenbaum Realty Group
Multiple Dwellings
$985,000
MLS# 6988580
ACTIVE
Listing Office: Cambridge Properties
Multiple Dwellings
$250,000
MLS# 6988662
ACTIVE
Listing Office: Real Broker
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