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Phoenix, AZ Apartment Buildings for Sale

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11-Unit Remodeled Apartment Building
Updated: Sep 2
11-Unit Remodeled Apartment Building

4142 N 10TH Street, Phoenix, AZ 85014

$2,099,000
11‑unit apartment property with remodeled interiors
Gas and electric service separately metered for all units
Updated kitchens, baths, and laminate flooring
Assigned parking, carport, and on‑street parking options
R‑3 zoning and public sewer service
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Apartment Building
Updated: Sep 10
Apartment Building

1001 N 9th Street, Phoenix, AZ 85006

$1,225,000
Built in 1984
R‑5 zoning
Listed appliances include free‑standing ranges, refrigerators, and microwaves
Tile and vinyl flooring; wood‑frame and stucco construction
Heat pump heating and cooling are listed; electric cooling is also noted
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16-Unit Apartment Complex
16-Unit Apartment Complex

2102 W ADAMS Street, Phoenix, AZ 85009

$1,999,000

Nine buildings occupy six adjoining lots, with each residence configured as a one-bedroom, one-bath unit.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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24-Unit Apartment Building with Carports
24-Unit Apartment Building with Carports

4815 N 15th Ave, Phoenix, AZ 85015

$2,799,000
15,000 sqft 1.09 AC lot

R-4 apartment property with renovated units, separate laundry facilities, storage areas, and private patios in select residences.

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14-Unit Apartment Building
14-Unit Apartment Building

1229 N 35TH Street, Phoenix, AZ 85008

$3,300,000

Select residences have in-unit laundry, while the remaining apartments are served by shared laundry facilities on site.

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7-Unit Apartment Building
7-Unit Apartment Building

6835 N 21st Street, Phoenix, AZ 85016

$1,250,000

A private courtyard and roof deck accompany apartments with distinct layouts and individual features.

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Rebuilt 5-Unit Apartment Building
Rebuilt 5-Unit Apartment Building

11230 N 17TH Avenue, Phoenix, AZ 85029

$949,900

Renovated multifamily property with updated building systems, residential finishes, and on-site parking.

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Uptown Phoenix Multifamily Investment
Uptown Phoenix Multifamily Investment

5035 North 23rd Avenue, Phoenix, AZ 85015

$1,699,000
5,000 sqft 0.57 AC lot

Nine-unit complex near GCU with value-add potential.

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24-Unit Apartment Building
24-Unit Apartment Building

4815 N 15TH Avenue, Phoenix, AZ 85015

$2,799,000

All residences are occupied, and the property is zoned R-4.

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20-Unit Apartment Complex
20-Unit Apartment Complex

320 N 52ND Street, Phoenix, AZ 85008

$3,100,000

The five-building property includes a mix of one- and two-bedroom residences, with private yards at several units.

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New Construction Apartment Community
New Construction Apartment Community

3804 E Monterey Way, Phoenix, AZ 85018

$8,699,900
1,825 sqft

Fifteen attached residences offer three-bedroom layouts, private two-car garages, and contemporary finishes in a recently completed community.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

9648 N 12TH Avenue, Phoenix, AZ 85021

$899,000

Two-story multifamily property with updated mini-split HVAC systems and full occupancy in North Central Phoenix.

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8-Unit Multifamily Building
8-Unit Multifamily Building

909 S 35TH Avenue, Phoenix, AZ 85009

$1,079,999

R-5-zoned property with separately metered electrical sub-panels and on-site laundry.

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Renovated Multifamily Investment Opportunity
Renovated Multifamily Investment Opportunity

2014 West Berridge Lane, Phoenix, AZ 85015

$3,780,000
15,200 sqft

18-unit apartment complex in Phoenix, renovated in 2023.

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Six-Unit Garden-Style Apartment Building
Six-Unit Garden-Style Apartment Building

1812 N 31ST Place, Phoenix, AZ 85008

$959,000

R-3-zoned Phoenix property with varied floor plans, renovated interiors, and convenient access to major employment and entertainment areas.

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10-Unit Garden-Style Multifamily Property
10-Unit Garden-Style Multifamily Property

2238 E TAYLOR Street, Phoenix, AZ 85006

$1,385,000

Established rental community with gated entry, on-site laundry, and off-street parking in central Phoenix.

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Historic Multifamily Community
Historic Multifamily Community

5250 North 20th Street, Phoenix, AZ 85016

Contact for pricing
40,840 sqft

Originally developed in 1960, this residential community offers one-, two-, and three-bedroom units with notably expansive floorplans.

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Nine-Unit Apartment Complex
Nine-Unit Apartment Complex

5035 N 23RD Avenue, Phoenix, AZ 85015

$1,699,000

R3-zoned multifamily property with seven buildings, assigned parking, and a mix of studios and one- and two-bedroom units.

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Five-Unit Apartment Building
Five-Unit Apartment Building

2021 W WASHINGTON Street, Phoenix, AZ 85009

$500,000
0.32 AC lot

Multifamily property requiring substantial renovation on a large urban lot.

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8-Unit Apartment Buildings
8-Unit Apartment Buildings

1529 E ADAMS Street, Phoenix, AZ 85034

$659,000

Two separate structures offer private outdoor space, on-site parking, and current occupancy.

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Class A Stabilized 12-Unit Apartments
Class A Stabilized 12-Unit Apartments

17444 North 32nd Street, Phoenix, AZ 85032

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17,184 sqft

New 2022 Class A community with 12 fully stabilized units, designer kitchens, in-unit laundry, and modern finishes.

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Two Four-Unit Apartment Buildings
Two Four-Unit Apartment Buildings

1533 E ADAMS Street, Phoenix, AZ 85034

$659,000

Occupied residences include private outdoor space and on-site parking within Phoenix’s R-5 zoning district.

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Boutique Apartment Community in Phoenix
Boutique Apartment Community in Phoenix

1017 E Fairmount Ave, Phoenix, AZ 85014

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6,559 sqft

Meticulously maintained 8-unit apartment community with modern upgrades and lush landscaping.

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12-Unit Apartment Building
12-Unit Apartment Building

17444 N 32ND Street, Phoenix, AZ 85032

$4,560,000

The community combines two- and three-bedroom residences with designer kitchens and in-unit laundry.

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Phoenix, AZ Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Phoenix, AZ, showcased through 68 active listings on our real estate platform. These investment opportunities span a total of 329,193 square feet of properties for sale, with an estimated market value of $118,106,694.

Sale prices for apartment complexes in Phoenix, AZ start at $425,000, averaging $2,228,428, and reaching up to $8,699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1.46M
Population Growth (5Y) +4.4%
Median Household Income $76,692
College Educated 25.3%

High-Yield Neighborhoods for Investment

Identify Phoenix submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
85034 $871K
85029 $949.9K
85051 $1.2M
85003 $1.3M
85017 $1.3M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Maricopa County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Phoenix fall within the 100,000+ square foot range.

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