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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)
1,638
Average Days on the Market
1695
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
$450,000
$214,900
$214,900
$350,000
$899,000
$225,000
$949,000
$139,900
$1,600,000
$484,000
$260,000
$1,190,000
$375,000
$875,000
$500,000
$350,000
$319,900
$319,900
$650,000
$2,000,000
$500,000
$850,000
$2,999,000
$595,000
Days on the Market
Ascending
24
Land
$695,000
MLS# 7003987
ACTIVE
Listing Office: Grayson Real Estate
Land
$1,895,000
MLS# 7003095
ACTIVE
Listing Office: Compass
Land
$475,000
MLS# 7003383
ACTIVE
Listing Office: Realty ONE Group
Land
$3,000,000
MLS# 7002671
ACTIVE
Listing Office: ABI Multifamily
Land
$755,000
MLS# 7002688
ACTIVE
Listing Office: Compass
Land
$349,900
MLS# 7002821
PENDING
Listing Office: Olson Gough
Multiple Dwellings
$495,000
MLS# 7002238
ACTIVE
Listing Office: Citiea
land
$1,100,000
MLS# 7002115
ACTIVE
Listing Office: HomeSmart
Land
$544,000
MLS# 7001586
CONTRACT
Listing Office: Realty ONE Group
Land
$350,000
MLS# 7000340
ACTIVE
Listing Office: Denali Real Estate, LLC
Multiple Dwellings
$879,000
MLS# 6998148
ACTIVE
Listing Office: Compass
Land
$2,500,000
MLS# 6998962
ACTIVE
Listing Office: Compass
Land
$375,000
MLS# 6999288
ACTIVE
Listing Office: RHouse Realty
Land
$150,000
MLS# 6998901
ACTIVE
Listing Office: West USA Realty
Land
$200,000
MLS# 6998559
ACTIVE
Listing Office: ALFA REALTY
Land
$14,999
MLS# 6998057
ACTIVE
Listing Office: Gentry Real Estate
Land
$295,000
MLS# 6939829
ACTIVE
Listing Office: Realty ONE Group
Land
$2,860,625
MLS# 6997337
ACTIVE
Listing Office: Compass
Land
$375,000
MLS# 6997182
CONTRACT
Listing Office: HomeSmart
Land
$256,000
MLS# 6997206
ACTIVE
Listing Office: MAR-KEY Real Estate
multiple dwellings
$725,000
MLS# 6990428
ACTIVE
Listing Office: My Home Group Real Estate
Land
$299,000
MLS# 6996261
ACTIVE
Listing Office: eXp Realty
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