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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)
1,666
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
$295,000
$275,000
3D Tour
Residential
$550,000
MLS# 7010333
CONTRACT
3D Tour
$365,000
3D Tour
$345,000
3D Tour
$275,000
3D Tour
Residential
$1,028,000
MLS# 6998550
ACTIVE
$164,900
$175,000
$289,900
$349,000
$174,000
$1,350
$450,000
$189,000
$139,000
$229,000
$2,995
$234,900
$570,000
$600,000
Days on the Market
Ascending
24
Residential
$974,990
MLS# 6967634
ACTIVE
Listing Office: Conflux
Residential
$165,000
MLS# 6968853
Closed
Listing Office: Revinre
Residential
$359,000
MLS# 6974323
PENDING
Listing Office: Cambridge Properties
Residential
$257,000
MLS# 6975875
ACTIVE
Listing Office: eXp Realty
Residential
$288,000
MLS# 6972083
ACTIVE
Listing Office: eXp Realty
Residential
$369,900
MLS# 6975965
ACTIVE
Listing Office: Impresa Real Estate
Residential
$349,900
MLS# 6977147
ACTIVE
Listing Office: 4:10 Real Estate, LLC
Residential Lease
$1,395
MLS# 6975186
ACTIVE
Listing Office: Property Management Real Estate
Residential
$305,000
MLS# 6975630
ACTIVE
Listing Office: Compass
Residential
$210,000
MLS# 6977755
ACTIVE
Listing Office: Embarc Realty
Residential
$349,000
MLS# 6971353
CONTRACT
Listing Office: Realty ONE Group
Residential
$355,900
MLS# 6973547
ACTIVE
Listing Office: HomeSmart
Residential
$452,500
MLS# 6966964
ACTIVE
Listing Office: HomeSmart
Residential
$525,000
MLS# 6973625
PENDING
Listing Office: Redfin Corporation
Residential
$574,900
MLS# 6966700
ACTIVE
Listing Office: West USA Realty
residential
$1,399,990
MLS# 6968099
ACTIVE
Listing Office: RETSY
Residential
$259,900
MLS# 6973710
ACTIVE
Listing Office: ARRT of Real Estate
Residential
$429,900
MLS# 6975986
Closed
Listing Office: HomeSmart
Residential
$650,000
MLS# 6971424
ACTIVE
Listing Office: Compass
Residential
$649,500
MLS# 6971974
ACTIVE
Listing Office: Limitless Real Estate
Residential
$415,000
MLS# 6974801
PENDING
Listing Office: DeLex Realty
Residential
$259,999
MLS# 6974211
Closed
Listing Office: eXp Realty
Residential
$459,900
MLS# 6974434
Closed
Listing Office: Compass
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