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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
$450,000
$198,500
$214,900
$214,900
$350,000
$703,500
$210,000
$349,900
$150,000
$400,000
$1
$899,000
$225,000
$169,000
$220,000
$149,000
$139,900
$699,000
$699,000
$600,000
$484,000
$260,000
$1,190,000
$1
Days on the Market
Ascending
24
Business Opportunity
$400,000
MLS# 6808419
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$125,000
MLS# 6811335
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$75,000
MLS# 6778661
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$2,200,000
MLS# 6720294
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$450,000
MLS# 6296630
ACTIVE
Listing Office: American Realty Brokers
Business Opportunity
$1,500,000
MLS# 6838058
ACTIVE
Listing Office: HomeSmart
Business Opportunity
$2,000,000
MLS# 6497300
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$450,000
MLS# 6884926
ACTIVE
Listing Office: RHP Real Estate
Multiple Dwellings
$2,999,000
MLS# 6886048
ACTIVE
Listing Office: Griggs's Group Powered by The Altman Brothers
Multiple Dwellings
$11,600,000
MLS# 6917400
ACTIVE
Listing Office: Network Realty
Multiple Dwellings
$380,000
MLS# 6919976
ACTIVE
Listing Office: Pak Home Realty
Multiple Dwellings
$590,000
MLS# 6919996
ACTIVE
Listing Office: Pak Home Realty
Multiple Dwellings
$650,000
MLS# 6921067
ACTIVE
Listing Office: My Home Group Real Estate
Multiple Dwellings
$3,999,000
MLS# 6921463
PENDING
Listing Office: Orion Investment Real Estate
Multiple Dwellings
$650,000
MLS# 6893837
ACTIVE
Listing Office: Compass
Business Opportunity
$150,000
MLS# 6897871
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$400,000
MLS# 6901671
ACTIVE
Listing Office: SENW
Multiple Dwellings
$2,500,000
MLS# 6901769
ACTIVE
Listing Office: Bellagio Real Estate
Multiple Dwellings
$825,000
MLS# 6904379
ACTIVE
Listing Office: The Broker Reserve LLC
Multiple Dwellings
$500,000
MLS# 6906218
PENDING
Listing Office: HomeSmart
Multiple Dwellings
$689,900
MLS# 6910698
ACTIVE
Listing Office: JM Realty
Multiple Dwellings
$599,000
MLS# 7011513
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Multiple Dwellings
$899,900
MLS# 6972460
ACTIVE
Listing Office: Keller Williams, Professional Partners
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