Phoenix, AZ Apartment Buildings for Sale

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Updated: Sep 2

11-Unit Remodeled Apartment Building

4142 N 10TH Street, Phoenix, AZ 85014

$2,225,000

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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Updated: Aug 14

Seven-Unit Historic Apartment Building

6835 N 21st Street, Phoenix, AZ 85016

$1,250,000

Seven‑unit apartment building with retained legal non‑conforming use
Situated on just over an acre in Phoenix
R10 zoning
Built in 1937 and significantly modified by the 1950s
Original architectural details include stonework, beamed ceilings, custom wood doors, wood windows, and terrazzo flooring

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Renovated Apartment Building

4815 N 15TH Avenue, Phoenix, AZ 85015

$2,999,000

R-4-zoned multifamily property with updated systems, on-site carports, and a mix of one- and two-bedroom residences.

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See what stands out in Maricopa County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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24-Unit Apartment Building with Carports

4815 N 15th Ave, Phoenix, AZ 85015

$2,999,000

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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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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Eight-Unit Apartment Building

9648 N 12TH Avenue, Phoenix, AZ 85021

$999,000

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

909 S 35TH Avenue, Phoenix, AZ 85009

$1,109,998

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

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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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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

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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Renovated 8-Unit Multifamily Property

4119 N 11th Ave, Phoenix, AZ 85013

$1,595,000

5,400 sqft

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

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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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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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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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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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Occupied 7-Unit Apartment Building

3016 N 37 Street, Phoenix, AZ 85018

$1,995,624

R-3-zoned residential property with tile flooring, block construction, and public sewer service in Phoenix.

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Mixed-Use Portfolio

1800 W Van Buren St, Phoenix, AZ 85007

$5,100,000

12,995 sqft

Four-building property combines multifamily residences with fully leased retail suites under absolute NNN agreements.

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12-Unit Apartment Community

17444 N 32ND Street, Phoenix, AZ 85032

$4,995,000

Two- and three-bedroom residences feature in-unit laundry, stainless-steel appliances, modern bathrooms, and luxury vinyl plank flooring.

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Renovated Apartment Property

4324 N 21st Street, Phoenix, AZ 85016

$2,800,000

0.73 AC lot

Seven residences across six buildings feature updated interiors, private outdoor areas, and individually metered utilities.

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Apartment Building with Rear Structure

215 N 12TH Avenue, Phoenix, AZ 85007

$625,000

Occupied front building paired with a partially completed rear structure in downtown Phoenix.

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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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Gated Apartment Community

2014 W BERRIDGE Lane, Phoenix, AZ 85015

$3,780,000

R-4-zoned community includes a private pool, carport parking, and upgraded unit amenities.

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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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Shovel-Ready 20-Unit Apartment Project

6-320 E Hatcher Rd, Phoenix, AZ 85021

$749,000

16,396 sqft

Fully approved, shovel-ready 2-story 20-unit multifamily development with garages and surface parking.

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Phoenix, AZ Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Phoenix, AZ, showcased through 72 active listings on our real estate platform. These investment opportunities span a total of 341,683 square feet of properties for sale, with an estimated market value of $113,785,317.

Sale prices for two-family homes in Phoenix, AZ start at $440,000, averaging $2,275,706, 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
85007	$636.7K
85034	$828K
85029	$949.9K
85051	$1.2M
85020	$1.2M

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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