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Average List Price
$654,698
Average Price per Sqft
$356
Number of Active Listings
5,547
New Listings (last 30 days)
1,533
Average Days on the Market
77
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1246
Average Sale Price (last 30 days)
$592,686
Rental Market
Average Rent per month
$4,173
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
$499,000
$635,000
$390,000
$393,000
$2,500
$725,000
$1,600
$529,900
$2,140
$415,000
$345,000
$449,900
$214,500
$345,000
3D Tour
$624,900
$357,777
3D Tour
$250,000
3D Tour
Residential
$549,000
MLS# 7023967
ACTIVE
3D Tour
$364,000
$215,000
$799,000
Days on the Market
Ascending
24
Residential
$499,000
MLS# 7041589
ACTIVE
Listing Office: HomeSmart
Residential
$297,500
MLS# 7040091
ACTIVE
Listing Office: HomeSmart
Residential
$178,990
MLS# 7038920
ACTIVE
Listing Office: Gold Trust Realty
Residential
$205,000
MLS# 7041834
ACTIVE
Listing Office: West USA Realty
Residential
$405,000
MLS# 7039044
ACTIVE
Listing Office: SENW
Residential
$635,000
MLS# 7040835
ACTIVE
Listing Office: eXp Realty
Residential Lease
$2,500
MLS# 7040248
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Residential
$390,000
MLS# 7039737
ACTIVE
Listing Office: HomeSmart
Residential
$393,000
MLS# 7039738
ACTIVE
Listing Office: HomeSmart
Residential
$220,000
MLS# 7038495
ACTIVE
Listing Office: Cambridge Properties
Residential Lease
$2,500
MLS# 7039753
ACTIVE
Listing Office: West USA Realty
Residential
$218,900
MLS# 7040602
ACTIVE
Listing Office: CR Property Services, Inc
Residential Lease
$3,250
MLS# 7040483
ACTIVE
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Residential
$196,000
MLS# 7040455
ACTIVE
Listing Office: eXp Realty
Residential
$725,000
MLS# 7031303
PENDING
Listing Office: The Ave Collective
Residential
$669,000
MLS# 7038279
ACTIVE
Listing Office: HomeSmart
Residential
$285,000
MLS# 7037853
ACTIVE
Listing Office: eXp Realty
Residential
$299,990
MLS# 7039768
ACTIVE
Listing Office: HomeSmart
Residential
$175,000
MLS# 7037187
ACTIVE
Listing Office: Citiea
Residential
$410,000
MLS# 7029478
ACTIVE
Listing Office: Keller Williams Integrity First
Residential
$325,000
MLS# 7039316
ACTIVE
Listing Office: Real Broker
Residential
$174,000
MLS# 7038134
ACTIVE
Listing Office: Barrett Real Estate
Residential
$410,000
MLS# 7038544
CONTRACT
Listing Office: HomeSmart
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