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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
$879,000
$295,000
$1,195,000
$1,500,000
$325,000
$699,900
$425,900
$485,000
$349,000
$1,399,950
$495,000
$700,000
$2,380,000
$1,956,000
Days on the Market
Ascending
24
Multiple Dwellings
$7,950,000
MLS# 7001746
ACTIVE
Listing Office: FSR Realty
Multiple Dwellings
$475,000
MLS# 7002103
ACTIVE
Listing Office: Compass
Multiple Dwellings
$1,956,000
MLS# 7004828
ACTIVE
Listing Office: Source Real Estate
Multiple Dwellings
$549,000
MLS# 7005689
ACTIVE
Listing Office: HomeSmart
Business Opportunity
$250,000
MLS# 7006658
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$445,990
MLS# 7006724
ACTIVE
Listing Office: DeLex Realty
Multiple Dwellings
$830,000
MLS# 6950554
PENDING
Listing Office: eXp Realty
Business Opportunity
$695,000
MLS# 6992163
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$4,995,000
MLS# 6968385
ACTIVE
Listing Office: City to City Commercial
Multiple Dwellings
$539,500
MLS# 6970111
ACTIVE
Listing Office: Gentry Real Estate
Multiple Dwellings
$510,400
MLS# 6920059
ACTIVE
Listing Office: Gentry Real Estate
Multiple Dwellings
$510,400
MLS# 6962784
ACTIVE
Listing Office: Gentry Real Estate
Multiple Dwellings
$539,999
MLS# 6969394
CONTRACT
Listing Office: My Home Group Real Estate
Multiple Dwellings
$549,000
MLS# 7004045
ACTIVE
Listing Office: Service Star Realty
Multiple Dwellings
$539,900
MLS# 7004013
CONTRACT
Listing Office: Grayson Real Estate
Multiple Dwellings
$889,900
MLS# 7005611
CONTRACT
Listing Office: Grayson Real Estate
Multiple Dwellings
$780,000
MLS# 6969679
ACTIVE
Listing Office: eXp Realty
Multiple Dwellings
$299,900
MLS# 7003818
ACTIVE
Listing Office: West USA Realty
Multiple Dwellings
$771,000
MLS# 6974630
ACTIVE
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Multiple Dwellings
$729,000
MLS# 7014500
ACTIVE
Listing Office: Real Broker
Multiple Dwellings
$425,000
MLS# 7002524
ACTIVE
Listing Office: Century 21 Arizona Foothills
Multiple Dwellings
$895,000
MLS# 6996556
ACTIVE
Listing Office: Jason Mitchell Real Estate
Multiple Dwellings
$589,900
MLS# 7008464
ACTIVE
Listing Office: Fathom Realty Elite
Multiple Dwellings
$885,000
MLS# 6987955
ACTIVE
Listing Office: Cambridge Properties
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