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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
$1,000,000
$879,000
$295,000
$1,250,000
$1,495,000
$1,195,000
$1,500,000
$325,000
$285,000
$699,900
$1,075,000
$1,350,000
$489,000
$425,900
$1,013,000
$349,000
$135,000
$349,000
$850,000
$675,000
$1,499,800
$841,822
$657,978
$5,300,000
Days on the Market
Ascending
24
Multiple Dwellings
$895,000
MLS# 6974631
Closed
Listing Office: ABI Multifamily
Multiple Dwellings
$79,900
MLS# 6973822
Closed
Listing Office: Legion Realty
Multiple Dwellings
$1,150,000
MLS# 6974841
Closed
Listing Office: ABI Multifamily
Multiple Dwellings
$1,190,000
MLS# 6933173
Closed
Listing Office: The Ave Collective
Multiple Dwellings
$1,200,000
MLS# 6933943
ACTIVE
Listing Office: SENW
Multiple Dwellings
$380,000
MLS# 6933643
Closed
Listing Office: Coldwell Banker Realty
Multiple Dwellings
$875,000
MLS# 6935184
ACTIVE
Listing Office: Gerchick Real Estate
Multiple Dwellings
$1,635,000
MLS# 6936056
ACTIVE
Listing Office: Kristopher Realty
Multiple Dwellings
$899,990
MLS# 6936126
ACTIVE
Listing Office: HomeSmart
Multiple Dwellings
$1,174,900
MLS# 6937481
ACTIVE
Listing Office: My Home Group Real Estate
Multiple Dwellings
$375,000
MLS# 6938374
ACTIVE
Listing Office: Planet Realty
Multiple Dwellings
$1,399,000
MLS# 6938581
Closed
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Business Opportunity
$780,000
MLS# 6938869
ACTIVE
Listing Office: eXp Realty
Multiple Dwellings
$675,000
MLS# 6963816
Closed
Listing Office: ABI Multifamily
Multiple Dwellings
$1,930,000
MLS# 6925791
ACTIVE
Listing Office: ABI Multifamily
Business Opportunity
$350,000
MLS# 6926661
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$539,900
MLS# 6975682
Closed
Listing Office: Realty ONE Group
Multiple Dwellings
$1,049,500
MLS# 6976249
ACTIVE
Listing Office: West USA Realty
Multiple Dwellings
$620,000
MLS# 6945205
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$620,000
MLS# 6945209
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$1,590,000
MLS# 6614249
ACTIVE
Listing Office: Colonial Realty, LLC
Multiple Dwellings
$545,000
MLS# 6658575
ACTIVE
Listing Office: Gerchick Real Estate
Multiple Dwellings
$9,250,000
MLS# 6690486
ACTIVE
Listing Office: ARRT of Real Estate
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