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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)
1,596
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
$299,900
$375,000
$475,000
$599,999
$20,000
$499,000
$499,900
$400,000
$695,000
$415,000
$850,000
$449,000
$549,900
Days on the Market
Ascending
24
Multiple Dwellings
$1,550,000
MLS# 6732554
ACTIVE
Listing Office: Axen Realty, LLC
Multiple Dwellings
$1,625,000
MLS# 6749873
PENDING
Listing Office: Gerchick Real Estate
Multiple Dwellings
$700,000
MLS# 6770097
ACTIVE
Listing Office: Coldwell Banker Realty
Multiple Dwellings
$2,380,000
MLS# 6770068
ACTIVE
Listing Office: Coldwell Banker Realty
Multiple Dwellings
$599,000
MLS# 6800371
ACTIVE
Listing Office: My Home Group Real Estate
Multiple Dwellings
$1,099,900
MLS# 6785949
ACTIVE
Listing Office: JM Realty
Multiple Dwellings
$900,000
MLS# 6809847
ACTIVE
Listing Office: Fathom Realty Elite
Multiple Dwellings
$1,334,000
MLS# 6810283
ACTIVE
Listing Office: AZREAPM
Multiple Dwellings
$950,000
MLS# 6801309
ACTIVE
Listing Office: Axen Realty, LLC
Multiple Dwellings
$700,000
MLS# 6822324
ACTIVE
Listing Office: The Agency
Multiple Dwellings
$629,000
MLS# 6833578
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$1,975,000
MLS# 6836611
ACTIVE
Listing Office: Marcus & Millichap
Multiple Dwellings
$1,099,900
MLS# 6838625
PENDING
Listing Office: JM Realty
Multiple Dwellings
$649,000
MLS# 6855967
ACTIVE
Listing Office: ROI Asset Management Solutions
Multiple Dwellings
$699,000
MLS# 6860858
PENDING
Listing Office: Real Broker
Business Opportunity
$575,000
MLS# 6631823
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$300,000
MLS# 6758636
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$1,900,000
MLS# 6801267
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$350,000
MLS# 6870853
ACTIVE
Listing Office: Innovated Realty LLC
Business Opportunity
$9,750
MLS# 6740413
ACTIVE
Listing Office: RE/MAX Fine Properties
Business Opportunity
$120,000
MLS# 6847057
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$599,990
MLS# 6593926
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$69,000
MLS# 6860642
Closed
Listing Office: American Realty Brokers
Business Opportunity
$80,000
MLS# 6826167
ACTIVE
Listing Office: American Realty Brokers
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