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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)
1,669
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
$735,000
$192,000
$205,000
$299,999
$199,900
$135,000
$415,000
3D Tour
Residential
$190,000
MLS# 7006770
ACTIVE
$214,900
$380,000
$325,000
3D Tour
$299,900
$579,000
$450,000
$290,000
$650,000
$329,900
$277,000
$1,950
$267,900
$850
$950
$549,900
Days on the Market
Ascending
24
Residential
$299,000
MLS# 6986527
ACTIVE
Listing Office: Realty ONE Group
Residential
$425,000
MLS# 6985931
ACTIVE
Listing Office: RE/MAX Fine Properties
Residential
$570,000
MLS# 6986114
ACTIVE
Listing Office: eXp Realty
Residential
$299,000
MLS# 6986526
ACTIVE
Listing Office: Realty ONE Group
Residential
$250,000
MLS# 6985632
Closed
Listing Office: RE/MAX Alliance Group
Residential
$415,000
MLS# 6985976
Closed
Listing Office: Keller Williams Integrity First
Residential
$492,500
MLS# 6985872
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$600,000
MLS# 6986982
PENDING
Listing Office: Retro Real Estate
Residential
$569,750
MLS# 6985869
ACTIVE
Listing Office: West USA Realty
Residential
$475,000
MLS# 6985199
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$319,000
MLS# 6986521
ACTIVE
Listing Office: Limitless Real Estate
Residential
$348,000
MLS# 6977575
Closed
Listing Office: West USA Realty
Residential
$725,000
MLS# 6982106
ACTIVE
Listing Office: Brokers Hub Realty, LLC
Residential
$624,900
MLS# 6986188
ACTIVE
Listing Office: West USA Realty
Residential
$475,000
MLS# 6985054
ACTIVE
Listing Office: Dana Hubbell Group
Residential
$209,000
MLS# 6985599
ACTIVE
Listing Office: Pak Home Realty
Residential
$225,000
MLS# 6985710
CONTRACT
Listing Office: eXp Realty
Residential
$479,000
MLS# 6975426
Closed
Listing Office: Jason Mitchell Real Estate
Residential
$265,000
MLS# 6986054
PENDING
Listing Office: Citiea
Residential
$260,000
MLS# 6982230
ACTIVE
Listing Office: Uncommon Realty International
Residential
$281,000
MLS# 6984994
ACTIVE
Listing Office: The Ave Collective
Residential
$299,900
MLS# 6980124
ACTIVE
Listing Office: HomeSmart
Residential
$469,000
MLS# 6984322
Closed
Listing Office: My Home Group Real Estate
Residential
$240,000
MLS# 6985271
Closed
Listing Office: Century 21 Northwest
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