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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)
1,697
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
$400,000
3D Tour
3D Tour
$307,000
$320,000
$328,000
$214,000
$325,000
$1,895
$250,000
$265,000
$239,999
3D Tour
Residential
$299,999
MLS# 6977255
ACTIVE
$270,000
$1,695
3D Tour
$314,000
$265,000
$265,000
$1,495
$1,495
$285,000
$175,000
3D Tour
Residential Lease
$1,302
MLS# 6596095
ACTIVE
Days on the Market
Ascending
24
Residential
$164,900
MLS# 7000612
ACTIVE
Listing Office: eXp Realty
Residential
$307,900
MLS# 6989835
ACTIVE
Listing Office: Century 21 Arizona Foothills
Residential
$650,000
MLS# 7000852
ACTIVE
Listing Office: HomeSmart
Residential
$329,900
MLS# 7000359
ACTIVE
Listing Office: Realty ONE Group
Residential
$410,000
MLS# 6996133
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$305,000
MLS# 6992791
ACTIVE
Listing Office: Good Oak Real Estate
Residential
$307,000
MLS# 6996594
PENDING
Listing Office: Villa Realty, LLC
Residential
$239,999
MLS# 6998838
ACTIVE
Listing Office: Real Broker
Residential
$475,900
MLS# 6996970
PENDING
Listing Office: HomeSmart
Residential
$460,000
MLS# 6998411
ACTIVE
Listing Office: Compass
Residential
$187,000
MLS# 6997628
ACTIVE
Listing Office: HomeSmart
Residential
$320,000
MLS# 7000518
ACTIVE
Listing Office: Engel & Voelkers Scottsdale
Residential
$479,000
MLS# 6995564
PENDING
Listing Office: Arete Realty & Property Mgmt
Residential Lease
$1,250
MLS# 6994653
ACTIVE
Listing Office: MMRE Advisors
Residential Lease
$1,650
MLS# 6998952
ACTIVE
Listing Office: Keller Williams Arizona Realty
Residential
$334,999
MLS# 6991541
ACTIVE
Listing Office: West USA Realty
Residential
$200,000
MLS# 6992496
ACTIVE
Listing Office: Coldwell Banker Realty
Residential
$234,900
MLS# 6996461
ACTIVE
Listing Office: HomeSmart
Residential
$175,000
MLS# 6993313
PENDING
Listing Office: eXp Realty
Residential
$558,500
MLS# 6997662
ACTIVE
Listing Office: HomeSmart
Residential
$350,000
MLS# 6996447
ACTIVE
Listing Office: eXp Realty
Residential
$289,900
MLS# 6983847
ACTIVE
Listing Office: Fathom Realty
Residential
$277,000
MLS# 6996065
ACTIVE
Listing Office: Real Broker
Residential Lease
$1,950
MLS# 6994628
ACTIVE
Listing Office: Compass
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