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Average List Price
$652,884
Average Price per Sqft
$315
Number of Active Listings
7,343
New Listings (last 30 days)
1,597
Average Days on the Market
1625
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1267
Average Sale Price (last 30 days)
$579,585
Rental Market
Average Rent per month
$2,806
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
$1,100,000
$310,000
$205,000
$225,000
$1,195
$340,000
$399,900
$349,900
$200,000
$390,000
$229,500
$260,000
$225,000
$420,000
$1,399,990
$259,999
$314,999
$1,795
$270,000
$365,000
$324,000
$339,000
$375,000
$269,900
Days on the Market
Ascending
24
Residential
$669,000
MLS# 7009556
PENDING
Listing Office: HomeSmart
Residential
$355,000
MLS# 6927066
ACTIVE
Listing Office: Tukee Homes Realty LLC
Residential
$259,999
MLS# 7011205
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$345,000
MLS# 7010831
ACTIVE
Listing Office: My Home Group Real Estate
Residential Lease
$749
MLS# 7011608
ACTIVE
Listing Office: Rosenbaum Realty Group
Residential
$424,500
MLS# 7012764
PENDING
Listing Office: Fathom Realty Elite
Residential
$295,000
MLS# 6912386
ACTIVE
Listing Office: Zoom Realty
Residential
$319,933
MLS# 6961047
ACTIVE
Listing Office: RE/MAX Fine Properties
Residential
$485,000
MLS# 6968446
ACTIVE
Listing Office: Dana Hubbell Group
Residential
$250,000
MLS# 7003045
ACTIVE
Listing Office: Success Property Brokers
Residential
$148,000
MLS# 6932023
ACTIVE
Listing Office: Realty USA Southwest
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
$825,000
MLS# 6874998
ACTIVE
Listing Office: Brokers Hub Realty, LLC
Residential
$1,299,777
MLS# 6966236
ACTIVE
Listing Office: Brokers Hub Realty, LLC
Residential
$735,000
MLS# 6972213
ACTIVE
Listing Office: Keller Williams Arizona Realty
Residential
$695,000
MLS# 6975364
ACTIVE
Listing Office: Keller Williams Arizona Realty
Residential
$194,900
MLS# 7009335
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$215,000
MLS# 6973361
ACTIVE
Listing Office: Delex Realty
Residential
$550,000
MLS# 6985240
ACTIVE
Listing Office: Citiea
Residential
$147,000
MLS# 6944578
ACTIVE
Listing Office: Capstone Realty Professionals
Residential
$235,000
MLS# 6957161
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$475,000
MLS# 6993694
ACTIVE
Listing Office: Fathom Realty Elite
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