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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)
1,715
Average Days on the Market
1694
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1289
Average Sale Price (last 30 days)
$581,294
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
$275,000
$254,900
$365,000
$179,900
$345,000
3D Tour
3D Tour
$275,000
$539,000
$299,900
$279,899
$54,000
$225,000
$164,900
$187,000
$175,000
$350,000
$289,900
3D Tour
3D Tour
Residential
$535,000
MLS# 6997633
ACTIVE
$174,000
$1,350
$189,000
Days on the Market
Ascending
24
Residential
$695,000
MLS# 6975364
ACTIVE
Listing Office: Keller Williams Arizona Realty
Residential
$449,900
MLS# 7008114
ACTIVE
Listing Office: Engel & Voelkers Scottsdale
Residential
$194,900
MLS# 7009335
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$825,000
MLS# 6874998
ACTIVE
Listing Office: Brokers Hub Realty, LLC
Residential
$214,900
MLS# 6998750
ACTIVE
Listing Office: Realty USA Southwest
Residential
$420,000
MLS# 7004064
ACTIVE
Listing Office: RE/MAX Fine Properties
Residential
$280,000
MLS# 6946824
ACTIVE
Listing Office: Opendoor Brokerage, LLC
Residential
$319,933
MLS# 6961047
ACTIVE
Listing Office: RE/MAX Fine Properties
Residential
$132,000
MLS# 6963592
ACTIVE
Listing Office: Opendoor Brokerage, LLC
Residential
$148,000
MLS# 6932023
ACTIVE
Listing Office: Realty USA Southwest
Residential
$1,299,777
MLS# 6966236
ACTIVE
Listing Office: Brokers Hub Realty, LLC
Residential
$159,900
MLS# 6969728
ACTIVE
Listing Office: Realty USA Southwest
Residential
$199,000
MLS# 6970054
ACTIVE
Listing Office: Realty USA Southwest
Residential
$149,900
MLS# 6981600
ACTIVE
Listing Office: Realty USA Southwest
Residential
$385,000
MLS# 6972343
ACTIVE
Listing Office: Keller Williams Realty Phoenix
Residential
$250,000
MLS# 6978173
ACTIVE
Listing Office: Coldwell Banker Realty
Residential
$550,000
MLS# 6985240
ACTIVE
Listing Office: Citiea
Residential
$285,000
MLS# 6992833
ACTIVE
Listing Office: Realty ONE Group
Residential
$649,000
MLS# 6972542
ACTIVE
Listing Office: The Brokery
Residential
$314,900
MLS# 6980515
ACTIVE
Listing Office: RE/MAX Excalibur
Residential
$450,000
MLS# 6985350
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$555,000
MLS# 6989608
ACTIVE
Listing Office: HomeSmart
Residential
$525,000
MLS# 7005887
ACTIVE
Listing Office: Keller Williams Realty Phoenix
Residential
$434,900
MLS# 7011466
ACTIVE
Listing Office: DeLex Realty
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