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Average List Price
$632,525
Average Price per Sqft
$307
Number of Active Listings
5,164
New Listings (last 30 days)
1,303
Average Days on the Market
79
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1151
Average Sale Price (last 30 days)
$598,195
Rental Market
Average Rent per month
$4,978
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
$199,000
$225,000
$95,000
$175,000
$265,000
$235,000
$235,000
$319,000
Days on the Market
Ascending
24
Land
$1,539,000
MLS# 7046907
ACTIVE
Listing Office: SLW Realty Group, LLC
Land
$374,600
MLS# 7046914
ACTIVE
Listing Office: SLW Realty Group, LLC
Land
$808,000
MLS# 7047195
ACTIVE
Listing Office: RETSY
Land
$100,000
MLS# 7043055
ACTIVE
Listing Office: Position Realty
Land
$125,000
MLS# 7047005
ACTIVE
Listing Office: eXp Realty
Land
$450,000
MLS# 7046418
ACTIVE
Listing Office: Engel & Voelkers Scottsdale
Land
$2,800,000
MLS# 7046070
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Land
$400,000
MLS# 7046112
ACTIVE
Listing Office: Keller Williams Arizona Realty
Land
$399,000
MLS# 7045562
ACTIVE
Listing Office: Ivy Realty
Land
$175,000
MLS# 7045629
ACTIVE
Listing Office: eXp Realty
Land
$225,000
MLS# 7045575
ACTIVE
Listing Office: eXp Realty
Land
$215,000
MLS# 7045329
ACTIVE
Listing Office: ABI Multifamily
Land
$785,000
MLS# 7044844
CONTRACT
Listing Office: HomeSmart
Land
$785,000
MLS# 7044826
CONTRACT
Listing Office: HomeSmart
Land
$250,000
MLS# 6989830
ACTIVE
Listing Office: Compass
Land
$155,000
MLS# 7022901
ACTIVE
Listing Office: Heritage Success Realty LLC
Land
$449,000
MLS# 7044349
ACTIVE
Listing Office: DeLex Realty
Land
$449,000
MLS# 6881888
ACTIVE
Listing Office: HomeSmart
Land
$190,000
MLS# 7043435
ACTIVE
Listing Office: Realty ONE Group
Land
$350,000
MLS# 6974037
ACTIVE
Listing Office: eXp Realty
Land
$100,000
MLS# 7034043
PENDING
Listing Office: The Tori Jones Group, LLC
Land
$140,000
MLS# 7034036
PENDING
Listing Office: The Tori Jones Group, LLC
Land
$100,000
MLS# 7034035
PENDING
Listing Office: The Tori Jones Group, LLC
Land
$100,000
MLS# 7034033
PENDING
Listing Office: The Tori Jones Group, LLC
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