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    Phoenix, AZ Multifamily Properties for Sale

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    New River, AZ Tempe, AZ San Tan Valley, AZ
    190 listings
    Turnkey Phoenix Short-Term Rental
    $619,900
    1,485 SF
    Turnkey Phoenix Short-Term Rental

    1515 W TONTO Street, Phoenix, AZ 85007

    Fully renovated, furnished 3-unit property with strong rental income.
    • Turnkey, fully furnished 3‑unit short‑term rental property in Downtown Phoenix.
    • Strong, documented cash flow with a two‑year average gross revenue of approximately $111,320 and NOI of roughly $57,996.
    • High Airbnb rating (4.8+ stars) indicating guest satisfaction and occupancy appeal.
    • Three independent units each with private kitchen, bath, and entrance.
    • Prime location in a high‑demand area of Downtown Phoenix, close to key attractions.
    Updated: Feb 19
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    Side-by-Side Duplex Investment
    $719,900
    Side-by-Side Duplex Investment

    2421 E PUEBLO Avenue, Phoenix, AZ 85040

    Newly built 2025 duplexes with tandem 2-car garages, dual-pane windows, and fully occupied rental units.
    • 1 of 2 side‑by‑side duplexes built in 2025; currently under construction (Year built: 2025)
    • Each unit offers 3 bedrooms and 2.5 bathrooms, with the property currently rented at $2,300 per unit
    • Fully occupied and stabilized with existing tenants; generates $43,600/year based on trailing 12‑month expenses
    • 6% cap rate reported; owner pays water and sewer is on public sewer
    • 2‑story layout with a 2‑car tandem attached garage and open parking
    Updated: Jun 9
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    2025-Built Duplex Investment
    $509,900
    2025-Built Duplex Investment

    Fully rented duplex in Opportunity Zone with tenant-paid electric and landlord-paid water and sewer.

    1845 E ILLINI Street, Phoenix, AZ 85040

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    Side-by-Side 2025 Duplexes
    $719,900
    Side-by-Side 2025 Duplexes

    Two newly built, fully occupied duplexes with 3-bedroom layouts and tandem 2-car garages.

    2431 E PUEBLO Avenue, Phoenix, AZ 85040

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    5-Unit Multifamily with Recent Renovations
    $539,000
    5-Unit Multifamily with Recent Renovations

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

    2002 W JEFFERSON Street, Phoenix, AZ 85009

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    Phoenix Duplex with Rental Potential
    $489,000
    3,060 SF
    Phoenix Duplex with Rental Potential

    Duplex with large units, ideal for rental income.

    1331 E PUEBLO Avenue, Phoenix, AZ 85040

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    Fourplex Residential Income Property
    $629,999
    Fourplex Residential Income Property

    Four individually metered units with recent upgrades and a recently painted exterior, fully occupied with one renewal upcoming.

    1001 N 32ND Avenue, Phoenix, AZ 85009

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    Phoenix Multifamily Investment Opportunity
    $614,500
    Phoenix Multifamily Investment Opportunity

    Value-add multifamily property with immediate income upside potential.

    4421 N 53RD Lane, Phoenix, AZ 85031

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    Triplex with Private Gated Yards
    $500,000
    Triplex with Private Gated Yards

    Three rental units with two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, plus recently replaced AC.

    24 W FULTON Street, Phoenix, AZ 85041

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    Phoenix Multifamily Investment Opportunity
    $1,110,000
    Phoenix Multifamily Investment Opportunity

    Fully occupied 8-unit complex near Downtown Phoenix.

    909 S 35TH Avenue, Phoenix, AZ 85009

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    New Duplex Near Downtown Phoenix
    $683,990
    2,554 SF
    New Duplex Near Downtown Phoenix

    New duplex near downtown Phoenix with light rail expansion potential.

    1712 S 3RD Street, Phoenix, AZ 85004

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    Shovel-Ready Multifamily Development
    $694,900
    Shovel-Ready Multifamily Development

    Approved 20-unit, two-story project with on-site parking and unit mix designed for straightforward multifamily redevelopment.

    320 E Hatcher Road, Phoenix, AZ 85020

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    Turnkey Phoenix Duplex Investment
    $719,000
    Turnkey Phoenix Duplex Investment

    Fully furnished, income-producing duplex near Phoenix Sky Harbor International Airport.

    4201 E ALMERIA Road, Phoenix, AZ 85008

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    Renovated Triplex with Side Yard
    $928,640
    Renovated Triplex with Side Yard

    Upgraded 2023 triplex with three private-entry units and washer/dryer hookups, offered in central Phoenix under R-5 zoning.

    2223 E ROOSEVELT Street, Phoenix, AZ 85006

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    Four-Unit Multifamily with Pool
    $1,399,000
    Four-Unit Multifamily with Pool

    Well-maintained fourplex with private patios, coin laundry, and pool; roof replacement in 2024.

    1313 N 48TH Street, Phoenix, AZ 85008

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    Duplex with RV Parking
    $575,000
    Duplex with RV Parking

    Updated duplex near I-17 with two bedrooms per unit, two-car garage, and RV parking with a separate electrical meter.

    1802 W SHERMAN Street, Phoenix, AZ 85007

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    Two-Building 4-Plex Investment
    $669,000
    Two-Building 4-Plex Investment

    Four units with shared outdoor courtyard and on-site storage/laundry rooms, offered with month-to-month tenants.

    3849 N 23RD Drive, Phoenix, AZ 85015

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    Fourplex with Attached Workshop
    $999,000
    Fourplex with Attached Workshop

    A street-to-street, R3 fourplex compound with multiple buildings, a workshop, and extensive storage and parking.

    746 W COOLIDGE Street, Phoenix, AZ 85013

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    Fully Remodeled Duplex with Detached Homes
    $600,000
    Fully Remodeled Duplex with Detached Homes

    Remodeled duplex with separate kitchens and laundry hook ups, offering flexible living and rental configurations.

    1934 E MONTE VISTA Road, Phoenix, AZ 85006

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    Phoenix Multifamily Investment Opportunity
    $1,699,000
    0.57 Acres
    Phoenix Multifamily Investment Opportunity

    Nine-unit complex in Uptown Phoenix with seller financing available.

    5035 N 23RD Avenue, Phoenix, AZ 85015

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    Remodeled Multifamily Property in Phoenix
    $900,000
    Remodeled Multifamily Property in Phoenix

    Turnkey investment with immediate cash flow in Phoenix, Arizona.

    2925 N 38TH Street, Phoenix, AZ 85018

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    Phoenix Multifamily Investment Opportunity
    $879,000
    Phoenix Multifamily Investment Opportunity

    Four-unit property with upside potential in North Phoenix.

    17859 N 40TH Street, Phoenix, AZ 85032

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    Phoenix Triplex: Strong Income Potential
    $845,000
    Phoenix Triplex: Strong Income Potential

    Gated triplex near Biltmore Area with modernized interiors and zero vacancy.

    4514 N 14TH Place, Phoenix, AZ 85014

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    Duplex with Two 2BR/1BA Units
    $488,000
    Duplex with Two 2BR/1BA Units

    Duplex in Phoenix offers two 2-bedroom, 1-bath units with upgraded kitchens, inside laundry, and private backyards.

    2711 N 7TH Street, Phoenix, AZ 85006

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    Phoenix, AZ Multifamily Properties Investment Opportunities Market Analysis

    Explore 190 multifamily properties for sale in Phoenix, AZ, showcased through 190 active listings on our real estate platform. These investment opportunities span a total of 294,719 square feet of properties for sale, with an estimated market value of $92,612,807.

    Sale prices for multifamily properties in Phoenix, AZ start at $67,500, averaging $2,153,786, and reaching up to $12,247,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 68
    Duplexes 47
    Quadplexes 37
    Triplexes 31
    Short term rental properties 12

    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
    85031 $432.3K
    85041 $482K
    85040 $542K
    85042 $575K
    85004 $585.5K

    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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