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Average List Price
$660,865
Average Price per Sqft
$357
Number of Active Listings
5,537
New Listings (last 30 days)
1,587
Average Days on the Market
75
Average Year Build
1986
Recent Transactions
Homes Sold (last 30 days)
1268
Average Sale Price (last 30 days)
$569,993
Rental Market
Average Rent per month
$3,932
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
$240,000
$375,000
$415,000
$220,000
$315,000
$249,900
$200,000
$500,000
$2,400
$510,000
$500,000
3D Tour
$277,400
$295,000
3D Tour
$364,900
3D Tour
$229,900
$350,000
$1,349,000
3D Tour
$275,000
$525,000
$479,999
Days on the Market
Ascending
24
Residential
$240,000
MLS# 7039718
ACTIVE
Listing Office: Realty ONE Group
Residential Lease
$1,600
MLS# 7039201
ACTIVE
Listing Office: ARRT of Real Estate
Residential
$250,000
MLS# 7029788
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,200
MLS# 7033982
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,050
MLS# 7028350
ACTIVE
Listing Office: One Stop Realty
Residential
$375,000
MLS# 7038498
ACTIVE
Listing Office: Brokers Hub Realty, LLC
Residential
$220,000
MLS# 7029825
CONTRACT
Listing Office: Success Property Brokers
Residential
$465,000
MLS# 7036872
ACTIVE
Listing Office: HomeSmart
Residential
$529,900
MLS# 7037550
ACTIVE
Listing Office: RE/MAX Excalibur
Residential
$415,000
MLS# 7036486
ACTIVE
Listing Office: Compass
Residential
$260,000
MLS# 7037179
ACTIVE
Listing Office: Real Broker
Residential Lease
$2,140
MLS# 7034544
ACTIVE
Listing Office: ARRT of Real Estate
Residential
$397,000
MLS# 7035699
ACTIVE
Listing Office: AZ Realty & Rentals
Residential
$345,000
MLS# 7025273
ACTIVE
Listing Office: West USA Realty
Residential
$315,000
MLS# 7036967
ACTIVE
Listing Office: HomeSmart
Residential
$379,000
MLS# 7036665
ACTIVE
Listing Office: HomeSmart
Residential
$255,000
MLS# 7035864
ACTIVE
Listing Office: Realty One Group
Residential
$1,200,000
MLS# 7036324
ACTIVE
Listing Office: Citiea
Residential
$615,000
MLS# 7036962
ACTIVE
Listing Office: HomeSmart
Residential
$270,000
MLS# 7036386
ACTIVE
Listing Office: Real Broker
Residential
$392,000
MLS# 7032069
ACTIVE
Listing Office: Silverleaf Realty
Residential
$249,900
MLS# 7035882
ACTIVE
Listing Office: Realty ONE Group
Residential
$279,000
MLS# 7035081
ACTIVE
Listing Office: eXp Realty
Residential
$215,000
MLS# 7033398
ACTIVE
Listing Office: A.Z. & Associates
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