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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)
1,634
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
$1,100,000
$449,900
$395,000
$695,000
$475,000
$200,000
$256,000
$449,900
$500,000
$244,800
$775,000
$299,999
$285,000
$1,750,000
$455,000
$350,000
$1,300,000
$475,000
$275,000
$875,000
$115,000
$69,900
$219,900
$599,900
Days on the Market
Ascending
24
Multiple Dwellings
$825,000
MLS# 7000022
ACTIVE
Listing Office: Get Multifamily
Multiple Dwellings
$675,000
MLS# 6981461
ACTIVE
Listing Office: Compass
Multiple Dwellings
$2,250,000
MLS# 6977076
ACTIVE
Listing Office: CLA Realty, LLC
Multiple Dwellings
$5,498,000
MLS# 6977139
ACTIVE
Listing Office: CLA Realty, LLC
Multiple Dwellings
$1,400,000
MLS# 6942492
Closed
Listing Office: DeLex Realty
Multiple Dwellings
$1,050,000
MLS# 6942839
ACTIVE
Listing Office: Your Home Sold Guaranteed Realty
Multiple Dwellings
$1,750,000
MLS# 6977241
ACTIVE
Listing Office: XCD Realty & Property Mgmt
Multiple Dwellings
$799,900
MLS# 6982836
CONTRACT
Listing Office: Get Multifamily
Business Opportunity
$99,000
MLS# 6981872
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$1,175,000
MLS# 6981950
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$450,000
MLS# 6957758
Closed
Listing Office: Avenue Home Realty
Multiple Dwellings
$925,000
MLS# 6969126
ACTIVE
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$1,995,640
MLS# 6969185
ACTIVE
Listing Office: Platinum Realty Group
Multiple Dwellings
$1,650,000
MLS# 7007446
ACTIVE
Listing Office: Coldwell Banker Commercial Realty
Multiple Dwellings
$2,875,000
MLS# 7007952
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$650,000
MLS# 7008184
ACTIVE
Listing Office: FSR Realty
Multiple Dwellings
$559,900
MLS# 7008338
ACTIVE
Listing Office: E-Homes
Multiple Dwellings
$449,900
MLS# 7009053
ACTIVE
Listing Office: AZ Flat Fee
Multiple Dwellings
$675,000
MLS# 7002357
ACTIVE
Listing Office: DPR Realty LLC
Multiple Dwellings
$575,000
MLS# 7003212
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$2,990,000
MLS# 7003224
ACTIVE
Listing Office: Orion Investment Real Estate
Multiple Dwellings
$875,000
MLS# 7003581
ACTIVE
Listing Office: Redfin Corporation
Multiple Dwellings
$1,475,000
MLS# 7003754
ACTIVE
Listing Office: First Road Property Advisors, LLC
Multiple Dwellings
$3,895,000
MLS# 7004263
ACTIVE
Listing Office: Matthews Real Estate Investment Services
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