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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
$449,900
$395,000
$695,000
$475,000
$200,000
$256,000
$449,900
$289,000
$500,000
$600,000
$244,800
$650,000
$250,000
$149,500
$149,500
$286,000
$450,000
$775,000
$895,000
$299,999
$285,000
$1,750,000
$455,000
$548,900
Days on the Market
Ascending
24
Land
$950,000
MLS# 6981619
ACTIVE
Listing Office: Gerchick Real Estate
Land
$250,000
MLS# 6981629
ACTIVE
Listing Office: ARRT of Real Estate
Land
$139,900
MLS# 6981705
ACTIVE
Listing Office: AZ Dream Homes
Land
$145,000
MLS# 6981709
Closed
Listing Office: AZ Dream Homes
Land
$600,000
MLS# 6981815
ACTIVE
Listing Office: R.O.I. Properties
Land
$699,000
MLS# 6981475
ACTIVE
Listing Office: Compass
Land
$244,800
MLS# 6981541
ACTIVE
Listing Office: My Home Group Real Estate
Multiple Dwellings
$699,000
MLS# 6978852
ACTIVE
Listing Office: Realty ONE Group
Multiple Dwellings
$650,000
MLS# 6980446
ACTIVE
Listing Office: eXp Realty
Multiple Dwellings
$1,600,000
MLS# 6967337
ACTIVE
Listing Office: Success Property Brokers
Land
$975,000
MLS# 6980787
ACTIVE
Listing Office: My Home Group Real Estate
Land
$1
MLS# 6980845
ACTIVE
Listing Office: R.O.I. Properties
Land
$775,000
MLS# 6978836
ACTIVE
Listing Office: Compass
Land
$250,000
MLS# 6978181
ACTIVE
Listing Office: Realty ONE Group
Land
$339,000
MLS# 6793706
ACTIVE
Listing Office: Amazing AZ Homes
Land
$339,000
MLS# 6793701
Closed
Listing Office: Amazing AZ Homes
Land
$149,500
MLS# 6978077
ACTIVE
Listing Office: Keller Williams Arizona Realty
Land
$149,500
MLS# 6978351
ACTIVE
Listing Office: Keller Williams Arizona Realty
Land
$286,000
MLS# 6778147
ACTIVE
Listing Office: eXp Realty
land
$450,000
MLS# 6977457
ACTIVE
Listing Office: HomeSmart
Multiple Dwellings
$600,000
MLS# 6975038
ACTIVE
Listing Office: eXp Realty
Land
$484,000
MLS# 6977401
ACTIVE
Listing Office: COBE Real Estate, Inc.
Land
$1,250,000
MLS# 6976279
ACTIVE
Listing Office: Keller Williams Realty East Valley
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