Multi Family Investment Properties for Sale in Phoenix, AZ
1203- 5 Bed
- 2 Bath
- 1560 sft
86- 4 Bed
- 2 Bath
- 1482 sft
1316- 8 Bed
- 2 Bath
- 3600 sft
1316- 8 Bed
- 6 Bath
- 3100 sft
Why Invest in Phoenix, Arizona?
Phoenix multi-family properties offer resilient investment opportunities amid stabilizing market conditions. With slowing construction and persistent demand, investors can target cap rates around 5-6% and average rents near $1,550 per unit. Annual appreciation holds steady at 3-4%, supported by population growth and job expansion. Rental yields average 6%, with cash flows bolstered by high renter occupancy over 90%. Despite recent supply pressures, absorption trends signal recovery into 2026.
Frequently Asked Questions
Cap rates in Phoenix have compressed amid investor interest, averaging around 5.4% based on recent sales data. This reflects sales prices rising 10% year-over-year to $251,699 per unit. Expect stabilization as supply slows.
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