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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
$1,895,000
$755,000
$1,100,000
$2,500,000
$3,590,000
$775,000
$875,000
$24,000,000
$3,500,000
$945,000
$4,750,000
$900,000
$1,300,000
3D Tour
$1,100,000
$2,600,000
3D Tour
Multiple Dwellings
$1,950,630
MLS# 6980315
ACTIVE
$949,900
3D Tour
Multiple Dwellings
$1,450,000
MLS# 6989552
ACTIVE
$9,250,000
$11,600,000
$3,999,000
Days on the Market
Ascending
24
Multiple Dwellings
$860,000
MLS# 6974438
ACTIVE
Listing Office: Gentry Real Estate
land
$2,491,632
MLS# 6964301
ACTIVE
Listing Office: Phil Clark Land, LLC
Land
$400,000
MLS# 6974743
ACTIVE
Listing Office: Orion Investment Real Estate
Land
$1,040,000
MLS# 6974881
ACTIVE
Listing Office: DeLex Realty
Land
$2,500,000
MLS# 6972740
ACTIVE
Listing Office: Realty ONE Group
Land
$350,000
MLS# 6974037
ACTIVE
Listing Office: eXp Realty
Land
$1,200,000
MLS# 6973173
ACTIVE
Listing Office: Venture REI, LLC
Land
$135,000
MLS# 6972161
ACTIVE
Listing Office: eXp Realty
Land
$20,000
MLS# 6971190
ACTIVE
Listing Office: W and Partners, LLC
Land
$175,000
MLS# 6971194
ACTIVE
Listing Office: HomeSmart
Land
$1,500,000
MLS# 6971525
ACTIVE
Listing Office: HomeSmart
Land
$260,000
MLS# 6970130
ACTIVE
Listing Office: Vylla Home
Land
$325,000
MLS# 6970768
ACTIVE
Listing Office: Compass
Land
$1,190,000
MLS# 6971062
ACTIVE
Listing Office: eXp Realty
Land
$449,000
MLS# 6970667
ACTIVE
Listing Office: PRO-formance Realty Concepts
Land
$289,000
MLS# 6892227
ACTIVE
Listing Office: Real Broker
Land
$350,000
MLS# 6969645
PENDING
Listing Office: HomeSmart
Land
$4,200,000
MLS# 6969358
ACTIVE
Listing Office: R.O.I. Properties
Land
$1
MLS# 6969367
ACTIVE
Listing Office: R.O.I. Properties
Land
$12,500,000
MLS# 6968500
ACTIVE
Listing Office: Coldwell Banker Realty
Land
$260,000
MLS# 6969154
CONTRACT
Listing Office: My Home Group Real Estate
Land
$925,000
MLS# 6967284
ACTIVE
Listing Office: HomeSmart
Land
$4,990
MLS# 6967813
ACTIVE
Listing Office: Realty ONE Group
Land
$1,675,000
MLS# 6732075
ACTIVE
Listing Office: My Home Group Real Estate
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