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Average List Price
$648,345
Average Price per Sqft
$314
Number of Active Listings
7,516
New Listings (last 30 days)
1,825
Average Days on the Market
1452
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1275
Average Sale Price (last 30 days)
$585,424
Rental Market
Average Rent per month
$2,875
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
$610,000
$175,000
$600,000
$6,000,000
$2,500,000
$165,000
$115,000
$800,000
$699,000
$2,200,000
$749,900
$125,000
$150,000
Days on the Market
Ascending
24
Land
$299,800
MLS# 6951200
ACTIVE
Listing Office: Keller Williams Realty East Valley
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
$130,000
MLS# 6944983
ACTIVE
Listing Office: eXp Realty
Multiple Dwellings
$531,000
MLS# 6944368
ACTIVE
Listing Office: My Home Group Real Estate
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
$575,000
MLS# 6939750
ACTIVE
Listing Office: Jamal Abdallah
Land
$489,000
MLS# 6813545
ACTIVE
Listing Office: RETSY
Land
$2,400,000
MLS# 6935143
ACTIVE
Listing Office: Realty ONE Group
land
$800,000
MLS# 6934211
ACTIVE
Listing Office: R.O.I. Properties
Land
$400,000
MLS# 6934673
ACTIVE
Listing Office: Realty ONE Group
Land
$425,900
MLS# 6931835
ACTIVE
Listing Office: Compass
Land
$250,000
MLS# 6933057
ACTIVE
Listing Office: Realty ONE Group
Multiple Dwellings
$2,000,000
MLS# 6933293
ACTIVE
Listing Office: The Brokery
Land
$499,000
MLS# 6932294
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Land
$695,000
MLS# 6930440
ACTIVE
Listing Office: HomeSmart
Land
$1,400,000
MLS# 6930625
PENDING
Listing Office: My Home Group Real Estate
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