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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)
1,638
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
$1,299,000
$135,000
3D Tour
$550,000
$860,000
$775,000
$1,395,000
$639,000
$4,750,000
$2,475,000
$119,900
$475,000
$275,000
$2,999,000
$2,999,000
$2,250,000
$600,000
$700,000
$499,999
$375,000
$785,000
$615,000
$899,000
Days on the Market
Ascending
24
Multiple Dwellings
$449,900
MLS# 6996082
PENDING
Listing Office: Real Broker
Land
$229,000
MLS# 6995834
ACTIVE
Listing Office: The Real Estate Authority
Land
$3,590,000
MLS# 6994043
CONTRACT
Listing Office: RETSY
Land
$1,250,000
MLS# 6994577
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Land
$610,000
MLS# 6994802
ACTIVE
Listing Office: Compass
Land
$2,100,000
MLS# 6993784
ACTIVE
Listing Office: eXp Realty
Land
$199,995
MLS# 6983539
ACTIVE
Listing Office: Niksi
Land
$175,000
MLS# 6989720
ACTIVE
Listing Office: Swallows & Associates Realty
Land
$475,000
MLS# 6992274
ACTIVE
Listing Office: Realty of America LLC
Land
$999,000
MLS# 6990694
ACTIVE
Listing Office: City to City Commercial
Land
$1
MLS# 6990891
ACTIVE
Listing Office: R.O.I. Properties
Land
$599,999
MLS# 6991028
ACTIVE
Listing Office: Real Broker
Land
$600,000
MLS# 6989721
ACTIVE
Listing Office: Swallows & Associates Realty
Land
$289,000
MLS# 6989830
ACTIVE
Listing Office: Compass
Multiple Dwellings
$899,000
MLS# 6989392
ACTIVE
Listing Office: eXp Realty
Land
$210,500
MLS# 6988323
Closed
Listing Office: DPR Realty LLC
Land
$115,000
MLS# 6989091
CONTRACT
Listing Office: Redfin Corporation
Land
$225,000
MLS# 6989198
ACTIVE
Listing Office: Real Broker
Multiple Dwellings
$930,000
MLS# 6988566
ACTIVE
Listing Office: HomeSmart
Land
$1,495,000
MLS# 6988547
ACTIVE
Listing Office: Cardon Commercial
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