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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)
1,566
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
$229,000
$349,000
$1,040,000
$3,700,000
$750,000
$299,800
$479,900
$330,000
$1,600,000
$1,027,500
$937,125
$1,002,000
$250,000
$4,995,000
Days on the Market
Ascending
24
Multiple Dwellings
$1,525,000
MLS# 6948798
ACTIVE
Listing Office: Realty ONE Group
Multiple Dwellings
$549,000
MLS# 6951102
ACTIVE
Listing Office: Coldwell Banker Realty
Multiple Dwellings
$790,000
MLS# 6951436
ACTIVE
Listing Office: AZ Flat Fee
Multiple Dwellings
$749,900
MLS# 6969622
ACTIVE
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Multiple Dwellings
$479,900
MLS# 6969526
CONTRACT
Listing Office: HomeSmart
Multiple Dwellings
$900,000
MLS# 6969979
ACTIVE
Listing Office: SENW
Multiple Dwellings
$900,000
MLS# 6969983
ACTIVE
Listing Office: SENW
Multiple Dwellings
$589,000
MLS# 6970528
ACTIVE
Listing Office: DeLex Realty
Multiple Dwellings
$6,900,000
MLS# 6970824
ACTIVE
Listing Office: Prestige Realty
Multiple Dwellings
$600,000
MLS# 6971092
ACTIVE
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$600,000
MLS# 6971101
ACTIVE
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$850,000
MLS# 6971140
ACTIVE
Listing Office: Gerchick Real Estate
Multiple Dwellings
$6,850,000
MLS# 6971372
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$350,000
MLS# 6971919
Closed
Listing Office: Pak Home Realty
Multiple Dwellings
$643,000
MLS# 6972312
ACTIVE
Listing Office: Open House Realty
Multiple Dwellings
$389,900
MLS# 6972305
Closed
Listing Office: eXp Realty
Multiple Dwellings
$790,000
MLS# 6972364
ACTIVE
Listing Office: Valley Views RE
Multiple Dwellings
$1,235,000
MLS# 6972367
ACTIVE
Listing Office: Valley Views RE
Multiple Dwellings
$1,650,000
MLS# 6972550
ACTIVE
Listing Office: Marcus & Millichap
Multiple Dwellings
$995,000
MLS# 6972796
ACTIVE
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$449,999
MLS# 6973515
Closed
Listing Office: Sell Your Home Services
Multiple Dwellings
$2,500,000
MLS# 6973902
ACTIVE
Listing Office: My Home Group Real Estate
Multiple Dwellings
$2,450,000
MLS# 6974079
CONTRACT
Listing Office: RMB Realty LLC
Multiple Dwellings
$1,995,624
MLS# 6974495
ACTIVE
Listing Office: Platinum Realty Group
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