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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
$299,900
$375,000
$475,000
$599,999
$20,000
$499,000
$499,900
$400,000
$695,000
$415,000
$850,000
$449,000
$549,900
Days on the Market
Ascending
24
Land
$375,000
MLS# 6853615
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Land
$285,000
MLS# 6966676
ACTIVE
Listing Office: Coldwell Banker Realty
Business Opportunity
$699,900
MLS# 6963046
ACTIVE
Listing Office: Realty ONE Group
Land
$875,000
MLS# 6964586
ACTIVE
Listing Office: The Brokery
land
$170,000
MLS# 6962362
ACTIVE
Listing Office: My Home Group Real Estate
land
$4,100,000
MLS# 6958234
ACTIVE
Listing Office: Award Realty
land
$135,000
MLS# 6963411
ACTIVE
Listing Office: ProSmart Realty
Land
$1,075,000
MLS# 6702718
ACTIVE
Listing Office: Diligence Realty
land
$775,000
MLS# 6962890
ACTIVE
Listing Office: Paceline Properties
land
$895,000
MLS# 6962810
ACTIVE
Listing Office: Realty ONE Group
land
$109,000
MLS# 6892419
ACTIVE
Listing Office: RE/MAX Fine Properties
Land
$499,000
MLS# 6962774
ACTIVE
Listing Office: Compass
land
$299,999
MLS# 6960885
ACTIVE
Listing Office: Sell Your Home Services
land
$295,000
MLS# 6960731
ACTIVE
Listing Office: Realty ONE Group
land
$3,700,000
MLS# 6960521
ACTIVE
Listing Office: Coldwell Banker Realty
land
$475,000
MLS# 6959609
ACTIVE
Listing Office: Dominion Group Properties
Land
$1,395,000
MLS# 6959081
PENDING
Listing Office: AXIS Real Estate
multiple dwellings
$639,000
MLS# 6958261
CONTRACT
Listing Office: Realty of America LLC
land
$500,000
MLS# 6958239
ACTIVE
Listing Office: Arizona Network Realty
land
$169,000
MLS# 6957436
ACTIVE
Listing Office: A.Z. & Associates
land
$169,000
MLS# 6957438
ACTIVE
Listing Office: A.Z. & Associates
Land
$559,000
MLS# 6956863
ACTIVE
Listing Office: Open House Realty
Land
$499,900
MLS# 6914629
ACTIVE
Listing Office: BRI Properties, Inc
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