Phoenix, AZ Apartment Buildings for Sale

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100 properties

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Updated: Jun 3

2-Bedroom Condominium Unit Portfolio

1718 E Campbell Avenue Multi#, Phoenix, AZ 85016

$3,180,000

10,268 sqft

12‑unit condominium portfolio in Phoenix’ Biltmore corridor; built in 1973
Unit mix: 11 two‑bedroom, two‑bath units at 852 SF (85016) plus 1 two‑bedroom, two‑bath at 896 SF (85015)
Professionally managed HOA covers exterior maintenance, roof repairs, sewer service, trash collection, and common area maintenance

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1718 E Campbell Avenue Multi#, Phoenix, AZ 85016

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Est. Cap Rate

3.8%
NOI ÷ price
Est. NOI

$120K
Annual
Price @ 7% Cap

$1.71M
Suggested

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Updated: Jul 23

Five-Unit Apartment Building with Laundry Room

11230 N 17TH Avenue, Phoenix, AZ 85029

$999,990

Completely rebuilt five‑unit apartment with new wiring, plumbing, AC, appliances, and new windows
Dedicated laundry room designed for added income use
New 14‑car parking lot with brand new asphalt
Updated interiors include tile flooring, new cabinets, and granite countertops
Wood frame stucco construction with composition roof

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Two-Story Multifamily with 8 Units

9648 N 12TH Avenue, Phoenix, AZ 85021

$999,000

Eight-unit multifamily with new mini-split HVAC systems and full occupancy in North Central Phoenix.

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5-Unit Multifamily with Recent Renovations

2002 W JEFFERSON Street, Phoenix, AZ 85009

$539,000

Three freestanding buildings on one parcel with a renovation history and fully occupied units.

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8-Unit Multifamily Complex

909 S 35TH Avenue, Phoenix, AZ 85009

$1,109,999

Fully occupied 8-unit complex with separate electric sub-panels and fenced parking for one vehicle per unit.

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8-Unit Apartment Building with Studios

1001 N 9TH Street, Phoenix, AZ 85006

$1,290,000

Central Phoenix eight studio units in a wood-frame, stucco building built in 1984 with heat pump HVAC.

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12-Unit Apartment Condominium Building

1718 E Campbell Avenue, Phoenix, AZ 85016

$3,180,000

Twelve 2-bedroom, 2-bath units in a block-built complex with central electric HVAC, assigned parking, and a private pool.

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Renovated 8-Unit Multifamily Property

4119 N 11th Ave, Phoenix, AZ 85013

$1,650,000

5,400 sqft

Fully renovated 8-unit community completed in 1958 with a mix of one- and two-bedroom floorplans.

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Six-Unit Garden-Style Apartment Building

1812 N 31ST Place, Phoenix, AZ 85008

$959,000

R-3 zoned six-unit garden-style building in Phoenix with a mix of studio, two- and three-bedroom residences.

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Nine-Unit Multifamily Complex with R-3 Zoning

5035 N 23RD Avenue, Phoenix, AZ 85015

$1,699,000

Fully upgraded nine-unit complex in Phoenix zoned R-3 with seven buildings across a close to 25,000-SF lot.

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Shovel-Ready Multifamily Development

320 East Hatcher Road, Phoenix, AZ 85020

$695,000

16,396 sqft

Shovel-ready, fully approved 20-unit multifamily project with planned parking and a mix of unit types.

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Ten-Unit Apartment Community with Gated Access

2238 E TAYLOR Street, Phoenix, AZ 85006

$1,385,000

Garden-style ten-unit multifamily with gated access, on-site laundry, and one-bedroom, one-bath units on M-H zoned land.

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Two 4-Unit Apartment Buildings

1533 E ADAMS Street, Phoenix, AZ 85034

$659,000

Two 4-unit buildings totaling eight occupied apartments with private patio or yard space and R-5 zoning.

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Updated Casitas with Main House

11 West Pasadena Avenue, Phoenix, AZ 85013

$3,300,000

590 sqft 1.00 AC lot

Five updated 1-bedroom casitas plus an adjoining lot with a 2,500 SF main house and multiple garages.

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Phoenix Multifamily Investment Opportunity

3016 N 37 Street, Phoenix, AZ 85018

$1,995,624

Seven-unit multifamily property in a desirable Phoenix location.

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Renovated 7-Unit Multifamily Property

3038 N 38TH Street, Phoenix, AZ 85018

$1,950,630

Fully renovated seven-unit multifamily property with updated kitchens, baths, flooring, and contemporary finishes.

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New Luxury Condo Building

4525 N 40th Street, Phoenix, AZ 85018

$11,600,000

20,000 sqft

Eight brand new luxury condos with private elevators, each featuring three bedrooms and three baths with two-car garages.

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Phoenix Multifamily Investment Opportunity

3027 N 37TH Street, Phoenix, AZ 85018

$1,995,640

Seven-unit property in a rapidly gentrifying Phoenix neighborhood.

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Single-Story 8-Unit Apartment Building

5317 North 11th Street, Phoenix, AZ 85014

Contact for pricing

7,000 sqft 0.63 AC lot

8-unit, single-story multifamily featuring in-unit washers/dryers and a private pool.

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Two-Story 20-Unit Apartment Building

320 E Hatcher Road, Phoenix, AZ 85020

$649,900

Shovel-ready 20-unit, two-story project with approved plan set, R-5 zoning, and substantial parking for future tenants.

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Phoenix Multifamily Renovated Apartment Building

4128 N 10th St, Phoenix, AZ 85014

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7,200 sqft

Ten renovated units in Midtown Phoenix's Central Park Villas.

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Gated Apartment Community with Pool

2014 W BERRIDGE Lane, Phoenix, AZ 85015

$3,999,995

R-4 zoned, gated multifamily community with a private pool, central HVAC, and on-street and carport parking.

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Renovated Phoenix Apartment Community

825 E Missouri Ave., Phoenix, AZ 85014

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5,000 sqft

Fully renovated apartment community in uptown central Phoenix.

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Arcadia Area Condos For Sale

4525 N 40TH Street, Phoenix, AZ 85018

$11,600,000

Eight high-end condos in Phoenix's Arcadia area, each with private elevator.

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Phoenix, AZ Apartment Buildings Market Trends and Statistics

Explore 100 apartment buildings for sale in Phoenix, AZ, showcased through 100 active listings on our real estate platform. These investment opportunities span a total of 296,591 square feet of properties for sale, with an estimated market value of $119,249,842.

Sale prices for two-family homes in Phoenix, AZ start at $265,000, averaging $2,249,997, and reaching up to $11,600,000 — 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	$659K
85009	$700.4K
85040	$793.3K
85051	$800K
85017	$887.4K

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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