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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
$1,650
$3,500,000
$735,000
$540,000
$1,100,000
$499,500
$569,000
$240,000
$199,900
$254,900
$599,000
$2,095
$1,995
$309,000
$600,000
$749,500
$1,795
3D Tour
$317,000
3D Tour
3D Tour
3D Tour
3D Tour
$369,500
Days on the Market
Ascending
24
Residential
$328,000
MLS# 6996561
ACTIVE
Listing Office: Coldwell Banker Realty
Residential
$580,000
MLS# 6982978
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Residential
$535,000
MLS# 6997633
ACTIVE
Listing Office: Compass
Residential
$267,900
MLS# 6996740
ACTIVE
Listing Office: The Brokery
Residential
$1,212,500
MLS# 6993906
ACTIVE
Listing Office: Coldwell Banker Realty
Residential Lease
$850
MLS# 6990686
ACTIVE
Listing Office: Acacia Fine Homes
Residential
$205,000
MLS# 6984357
ACTIVE
Listing Office: Night Owl Realty
Residential
$349,000
MLS# 6995131
PENDING
Listing Office: Compass
Residential Lease
$1,995
MLS# 6994519
PENDING
Listing Office: Guardian Realty & Mgmt, Inc
Residential Lease
$950
MLS# 6982078
Closed
Listing Office: HomeSmart
Residential
$185,000
MLS# 6991656
PENDING
Listing Office: The Brokery
Residential
$174,000
MLS# 6992663
ACTIVE
Listing Office: eXp Realty
Residential
$549,900
MLS# 6991956
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Residential
$390,000
MLS# 6986480
ACTIVE
Listing Office: Keller Williams Integrity First
Residential
$379,000
MLS# 6992118
ACTIVE
Listing Office: Compass
Residential
$1,150,000
MLS# 6992045
ACTIVE
Listing Office: Coldwell Banker Realty
Residential
$299,000
MLS# 6994191
ACTIVE
Listing Office: Long Realty Unlimited
Residential
$184,900
MLS# 6993783
CONTRACT
Listing Office: eXp Realty
Residential
$495,000
MLS# 6981387
ACTIVE
Listing Office: The Brokery
Residential
$449,900
MLS# 6987880
ACTIVE
Listing Office: The Brokery
residential
$349,900
MLS# 6989889
ACTIVE
Listing Office: HomeSmart
Residential
$300,000
MLS# 6993200
ACTIVE
Listing Office: eXp Realty
Residential
$259,979
MLS# 6992887
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,350
MLS# 6988651
Closed
Listing Office: AXIS Real Estate
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