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    Phoenix, AZ Multifamily Properties for Sale

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    Three-Unit Short-Term Rental Property
    Updated: Feb 19
    Three-Unit Short-Term Rental Property

    1515 W TONTO Street, Phoenix, AZ 85007

    $619,900
    1,485 sqft 0.15 AC lot
    Three units: one 2‑bed/1‑bath, one 1‑bed/1‑bath, and one private studio
    Each unit has its own kitchen, full bath, and separate entrance
    Fenced common courtyard with grill, fire pit, lounge seating, and hammock
    Separate laundry room and storage shed for operations
    0.1475‑acre lot with 1,485 SF and stucco construction
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    Fourplex with Modern Interiors
    Updated: Aug 28
    Fourplex with Modern Interiors

    1306 E PURDUE Avenue, Phoenix, AZ 85020

    $1,299,000
    Fourplex with four 2‑bedroom, 2‑bathroom residences
    Each residence is approximately 930 square feet
    Modern kitchens with cabinetry, countertops, and stainless steel appliances
    In‑unit stacked washer and dryer in each residence
    Central air conditioning, forced‑air heating, and ceiling fans
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    Four-Unit Property with New Roof
    Four-Unit Property with New Roof

    2228 N 20TH Street, Phoenix, AZ 85006

    $725,000

    Two buildings combine a detached home and three additional units, with public sewer and tenant-paid gas and electric.

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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
    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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    Historic Triplex with Guest Houses
    Historic Triplex with Guest Houses

    1005 E MORELAND Street, Phoenix, AZ 85006

    $699,000

    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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    Three-Home Multifamily Portfolio
    Three-Home Multifamily Portfolio

    830 S 15TH Avenue, Phoenix, AZ 85007

    $711,000

    Three separately metered homes with updated finishes, private fenced yards, and existing leases.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    New Construction Duplex
    New Construction Duplex

    4037 S 12th Street, Phoenix, AZ 85040

    $525,000

    Two three-bedroom residences offer quartz finishes, private laundry appliances, and covered parking.

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    Furnished Short-Term Rental Property
    Furnished Short-Term Rental Property

    1515 W TONTO Street, Phoenix, AZ 85007

    $619,900
    1,485 sqft

    Renovated furnished accommodations offer separate entrances, private kitchens, and a shared courtyard near Downtown Phoenix destinations.

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    R-3 Zoned Quadplex
    R-3 Zoned Quadplex

    3801 N 23RD Drive, Phoenix, AZ 85015

    $699,000

    Quadplex zoned R-3 in Phoenix, AZ 85015, available for sale.

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    Seven-Unit Historic Apartment Building
    Seven-Unit Historic Apartment Building

    6835 N 21st Street, Phoenix, AZ 85016

    $1,250,000

    Distinctive property with varied unit layouts, a private courtyard, and preserved architectural details.

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

    721 E Carol Ave, Phoenix, AZ 85020

    $750,000
    3,702 sqft

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

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    Renovated 24-Unit Apartment Property
    Renovated 24-Unit Apartment Property

    4815 N 15TH Avenue, Phoenix, AZ 85015

    $2,999,000

    R-4-zoned community with a varied unit mix, carports, storage, and selected in-unit laundry facilities.

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    Updated Triplex
    Updated Triplex

    2210 W HEATHERBRAE Drive, Phoenix, AZ 85015

    $510,000

    All residences are leased month-to-month and offer two bedrooms, one bathroom, spacious kitchens, and backyard areas.

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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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    Garden-Style Quadplex with Private Yards
    Garden-Style Quadplex with Private Yards

    2444 E WILLETTA Street, Phoenix, AZ 85008

    $750,000

    Four-unit residential income property with central cooling, updated exterior elements, and private outdoor space for every residence.

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    Fourplex with Private Pool
    Fourplex with Private Pool

    2808 E LE MARCHE Avenue, Phoenix, AZ 85032

    $645,000

    Four-unit residential income property with varied floor plans, assigned parking, and a private pool.

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    Renovated 8-Unit Multifamily Property
    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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    Duplex with Tandem Garages
    Duplex with Tandem Garages

    2431 E PUEBLO Avenue, Phoenix, AZ 85040

    $719,900

    Two-story residences provide attached tandem garages and upgraded interior finishes.

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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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    Duplex with Covered Parking
    Duplex with Covered Parking

    9047 N 9TH Street, Phoenix, AZ 85020

    $500,000

    Two separate residences include dedicated covered parking and additional front-site space.

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    Mixed-Use Portfolio
    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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    New Construction Duplex
    New Construction Duplex

    2537 E SOUTHGATE Avenue, Phoenix, AZ 85040

    $739,000

    Two contemporary residences feature open layouts, upgraded finishes, private parking, and convenient freeway access.

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    Four-Unit Duplex Complex
    Four-Unit Duplex Complex

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

    $1,250,000
    3,320 sqft

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

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    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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    Phoenix, AZ Multifamily Properties Market Trends and Statistics

    Explore 260 multifamily properties for sale in Phoenix, AZ, showcased through 260 active listings on our real estate platform. These investment opportunities span a total of 405,422 square feet of properties for sale, with an estimated market value of $277,729,188.

    Sale prices for multifamily properties in Phoenix, AZ start at $165,000, averaging $1,191,970, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 86
    Duplexes 72
    Quadplexes 62
    Triplexes 43
    Short term rental properties 21

    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
    85029 $517.8K
    85007 $555.3K
    85017 $560.6K
    85041 $602K

    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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    Browse Multifamily properties for Sale Near Phoenix, AZ

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    Most Searched ZIP Codes in Phoenix, AZ

    • 85007
    • 85006
    • 85008
    • 85015
    • 85040
    • 85014
    • 85009
    • 85032
    • 85020
    • 85018
    • 85021
    • 85029

    Featured Phoenix Real Estate Agencies

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

    Dominion Group Properties
    703 E Carefree Highway, Suite 113 Phoenix, AZ 85085
    Phone: 19282401376
    www.dgpaz.com
    Pro Star Realty
    1121 E. Missouri Ave #108 Phoenix, AZ 85014
    Phone: 16022654600
    www.prostarrealty.com
    Realty Executives Arizona Territory
    4343 E. Outlier Blvd #125 Phoenix, AZ 85008
    Phone: 16023693691
    www.realtyexecutives.com/offices/realty-executives-arizona-territory--outlier/3134

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