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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)
1,568
Average Days on the Market
1696
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
$930,000
$499,999
$1,600,000
$945,000
$3,150,000
$614,900
$614,900
$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
3D Tour
$1,190,000
$9,250,000
$3,999,000
3D Tour
$549,000
Days on the Market
Ascending
24
Land
$285,000
MLS# 6955216
ACTIVE
Listing Office: HomeSmart
Land
$750,000
MLS# 6953960
ACTIVE
Listing Office: Keller Williams Realty East Valley
Multiple Dwellings
$549,000
MLS# 6953868
PENDING
Listing Office: eXp Realty
Multiple Dwellings
$619,000
MLS# 6953631
ACTIVE
Listing Office: eXp Realty
Land
$170,000
MLS# 6951616
ACTIVE
Listing Office: HomeSmart
Multiple Dwellings
$1,750,000
MLS# 6951020
ACTIVE
Listing Office: The Broker Reserve LLC
Land
$299,800
MLS# 6951200
ACTIVE
Listing Office: Keller Williams Realty East Valley
Land
$455,000
MLS# 6951527
ACTIVE
Listing Office: The Brokery
Land
$24,000,000
MLS# 6950228
ACTIVE
Listing Office: RETSY
Land
$350,000
MLS# 6948651
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Multiple Dwellings
$4,750,000
MLS# 6946527
ACTIVE
Listing Office: HomeSmart
Multiple Dwellings
$2,475,000
MLS# 6937078
ACTIVE
Listing Office: eXp Realty
Land
$479,900
MLS# 6945013
PENDING
Listing Office: Real Broker
Land
$130,000
MLS# 6944983
ACTIVE
Listing Office: eXp Realty
Multiple Dwellings
$531,000
MLS# 6944368
ACTIVE
Listing Office: My Home Group Real Estate
Land
$330,000
MLS# 6944042
ACTIVE
Listing Office: HomePros
Land
$185,000
MLS# 6924111
ACTIVE
Listing Office: A.Z. & Associates
Land
$319,900
MLS# 6758331
ACTIVE
Listing Office: Prestige Realty
Land
$319,900
MLS# 6758762
ACTIVE
Listing Office: Prestige Realty
Land
$599,000
MLS# 6799712
ACTIVE
Listing Office: My Home Group Real Estate
Land
$225,000
MLS# 6940295
Closed
Listing Office: Wrangler Real Estate
Land
$650,000
MLS# 6939750
ACTIVE
Listing Office: Jamal Abdallah
Land
$489,000
MLS# 6813545
ACTIVE
Listing Office: RETSY
Multiple Dwellings
$548,900
MLS# 6930476
ACTIVE
Listing Office: HomeSmart
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