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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)
1,665
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
$192,000
$275,000
$239,999
$205,000
$299,999
$135,000
$365,000
$343,000
$179,900
$279,899
$54,000
$225,000
$290,000
$650,000
$329,900
$410,000
$187,000
$175,000
$277,000
3D Tour
3D Tour
Residential
$535,000
MLS# 6997633
ACTIVE
$850
$950
$174,000
Days on the Market
Ascending
24
Residential Lease
$1,695
MLS# 6971555
ACTIVE
Listing Office: Arete Realty & Property Mgmt
Residential
$205,000
MLS# 6974286
Closed
Listing Office: Orchard Brokerage
Residential
$1,197,000
MLS# 6973471
ACTIVE
Listing Office: RETHINK Real Estate
Residential
$355,000
MLS# 6974600
ACTIVE
Listing Office: Keller Williams Arizona Realty
Residential
$210,000
MLS# 6974636
ACTIVE
Listing Office: Jason Mitchell Real Estate
Residential
$359,000
MLS# 6972730
ACTIVE
Listing Office: Real Broker
Residential Lease
$2,200
MLS# 6972778
ACTIVE
Listing Office: Real Broker
Residential
$295,000
MLS# 6973470
PENDING
Listing Office: The Brokery
Residential
$419,900
MLS# 6973033
ACTIVE
Listing Office: Compass
Residential
$405,000
MLS# 6967435
ACTIVE
Listing Office: Compass
Residential
$2,500,000
MLS# 6971963
ACTIVE
Listing Office: Compass
Residential
$2,000,000
MLS# 6972047
CONTRACT
Listing Office: Compass
Residential
$1,295,000
MLS# 6970659
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Residential
$264,900
MLS# 6970737
PENDING
Listing Office: Keller Williams Realty Sonoran Living
Residential
$725,000
MLS# 6972491
ACTIVE
Listing Office: Brokers Hub Realty, LLC
residential
$285,000
MLS# 6972079
ACTIVE
Listing Office: RE/MAX Solutions
Residential
$879,900
MLS# 6969960
ACTIVE
Listing Office: RE/MAX Foothills
Residential
$127,900
MLS# 6962376
ACTIVE
Listing Office: HomeSmart
Residential
$210,000
MLS# 6968076
PENDING
Listing Office: Real Broker
Residential
$345,000
MLS# 6972027
ACTIVE
Listing Office: RETSY
Residential
$259,000
MLS# 6972010
Closed
Listing Office: West USA Realty
Residential
$145,000
MLS# 6969002
ACTIVE
Listing Office: HomeSmart
Residential
$314,999
MLS# 6970421
ACTIVE
Listing Office: eXp Realty
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