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    Phoenix, AZ Multifamily Properties for Sale

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    4-Unit Short-Term Rental Property
    Updated: Sep 28
    4-Unit Short-Term Rental Property

    322 N 11TH Place, Phoenix, AZ 85006

    $745,000
    Four units: one 2 BD‑1BA residence and three studios
    10.6% cap rate and 2026 average occupancy rate of 72%
    Airbnb rating of 4.85 out of 5
    Each unit has a kitchen, bathroom, and separate private access
    Common backyard with grill, fire pit, and hammock; two exterior sheds
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    Furnished Short-Term Rental with Courtyard
    Updated: Sep 29
    Furnished Short-Term Rental with Courtyard

    1515 W TONTO Street, Phoenix, AZ 85007

    $619,000
    Three independent units: a 2‑bed/1‑bath, a 1‑bed/1‑bath, and a studio
    Each unit has its own kitchen, full bath, and separate entrance
    Renovated and furnished; Airbnb rating of 4.8+ stars
    Shared courtyard with grill, fire pit, lounge seating, and hammock
    Separate laundry room and storage shed
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    4-Unit Quadplex with Private Patios
    4-Unit Quadplex with Private Patios

    170 E MONTEREY Way, Phoenix, AZ 85012

    $1,499,000

    Each residence has in-unit laundry appliances and a private outdoor patio.

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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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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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    Four-Unit Garden-Style Property
    Four-Unit Garden-Style Property

    2444 E WILLETTA Street, Phoenix, AZ 85008

    $695,000

    R-3-zoned multifamily asset with private outdoor areas, central air conditioning, and recent exterior improvements.

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    11-Unit Remodeled Apartment Building
    11-Unit Remodeled Apartment Building

    4142 N 10TH Street, Phoenix, AZ 85014

    $2,099,000

    Separately metered apartments with updated kitchens, baths, flooring, and assigned parking.

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    Historic Triplex with Guest Houses
    Historic Triplex with Guest Houses

    1005 E MORELAND Street, Phoenix, AZ 85006

    $675,000

    Three separate living spaces in Phoenix’s Garfield Historic District, with updated finishes in the primary residence and two occupied guest units.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    4132 N 11th St, Phoenix, AZ 85014

    $739,000
    1,947 sqft

    New construction offers two separately metered rental units with private yards and dedicated parking.

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    Duplex with Dual Primary Suites
    Duplex with Dual Primary Suites

    1434 S 11TH Avenue, Phoenix, AZ 85007

    $845,000

    Both residences are leased to one tenant under a three-year agreement.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    302 W CULVER Street, Phoenix, AZ 85003

    $2,500,000

    Each residence has two bedrooms, two bathrooms, in-unit laundry and covered 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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    Triplex with Detached Rear Home
    Triplex with Detached Rear Home

    1801 N 10TH Street, Phoenix, AZ 85006

    $750,000

    Three residences combine historic character with separate electric and gas meters and private fenced outdoor areas.

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    Duplex with Quartz Kitchens
    Duplex with Quartz Kitchens

    1332 E CAMPBELL Avenue, Phoenix, AZ 85014

    $600,000

    Both residences feature dining and living areas, shaker cabinetry, and stainless steel kitchen appliances.

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    Two-Bedroom Residential Income Condo
    Two-Bedroom Residential Income Condo

    3655 N 5th Ave #106, Phoenix, AZ 85013

    $280,000
    1,376 sqft

    Mid-century condominium with an open layout, private patio, pool access, and HOA-covered utilities.

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    Updated Quadplex
    Updated Quadplex

    434 N 42ND Street, Phoenix, AZ 85008

    $550,000

    Fully occupied four-unit property with R-3 zoning and unit updates completed in 2020.

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    Triplex with Private Pool
    Triplex with Private Pool

    1334 E FLOWER Street, Phoenix, AZ 85014

    $1,115,000

    Three distinct living spaces offer separate laundry, fenced yards, and dedicated parking.

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    Modern Two-Unit Income Property
    Modern Two-Unit Income Property

    721 E Carol Ave, Phoenix, AZ 85020

    $725,000
    3,702 sqft

    Built in 2022, this two-unit multifamily property is zoned R-4 and totals 3,702 SF.

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    Duplex with Dual-Pane Windows
    Duplex with Dual-Pane Windows

    6226 N 14TH Street, Phoenix, AZ 85014

    $879,990

    Each residence has in-unit laundry, and the garage can be leased separately.

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    Four-Unit Duplex Complex
    Four-Unit Duplex Complex

    1228 E Mountain View Rd E #1-4, Phoenix, AZ 85020

    $1,050,000
    3,320 sqft

    Two duplex buildings provide four three-bedroom units with individual laundry rooms, full baths, and dedicated parking.

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    Updated Triplex with Private Yards
    Updated Triplex with Private Yards

    1538 W MCKINLEY Street, Phoenix, AZ 85007

    $624,900

    Renovated interiors, in-unit laundry, dishwashers, private outdoor areas, and off-street parking support residential leasing appeal.

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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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    Fourplex with Modern Interiors
    Fourplex with Modern Interiors

    1306 E PURDUE Avenue, Phoenix, AZ 85020

    $1,299,000

    Four two-bedroom residences feature contemporary finishes, private laundry, and central air conditioning.

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    Detached Triplex Property
    Detached Triplex Property

    2144 W HEATHERBRAE Drive, Phoenix, AZ 85015

    $850,000
    0.39 AC lot

    Two separate single-level buildings contain six two-bedroom residences with private patios and individually metered electricity.

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    Four-Unit Quadplex
    Four-Unit Quadplex

    1319 W VOGEL Avenue, Phoenix, AZ 85021

    $709,000

    Fully occupied rental property with consistent two-bedroom layouts and an onsite laundry area prepared for coin-operated equipment.

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    Phoenix, AZ Multifamily Properties Market Trends and Statistics

    Explore 247 multifamily properties for sale in Phoenix, AZ, showcased through 247 active listings on our real estate platform. These investment opportunities span a total of 396,110 square feet of properties for sale, with an estimated market value of $240,735,381.

    Sale prices for multifamily properties in Phoenix, AZ start at $269,000, averaging $1,084,393, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 82
    Duplexes 67
    Quadplexes 62
    Triplexes 34
    Short term rental properties 19

    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
    85054 $399K
    85042 $410K
    85040 $531.7K
    85031 $550K
    85029 $559.3K

    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.

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Phoenix, AZ

    Popular Searches in Phoenix, AZ

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    Most Searched ZIP Codes in Phoenix, AZ

    • 85008
    • 85006
    • 85015
    • 85007
    • 85014
    • 85032
    • 85009
    • 85020
    • 85040
    • 85021
    • 85013
    • 85016

    Featured Phoenix Real Estate Agencies

    Realmo connects you with licensed Phoenix CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    R.O.I. Properties
    3333 E Camelback Rd, Ste 252 Phoenix, AZ
    Phone: (602) 319-1326
    West USA Realty
    2355 W Utopia Rd, Suite 110 Phoenix, AZ 85027
    Phone: (602) 942-4200
    www.westusa.com
    Realty ONE Group
    11211 N Tatum Blvd, Suite 200 Phoenix, AZ 85028
    Phone: (888) 461-0101
    www.realtyonegroup.com
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