Phoenix, AZ Multifamily Homes & Duplexes for Sale

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  /16

  $409,800

  9602 N 18th Ave, Phoenix, AZ 85021

  Live Smart. Build Wealth. Create Space for Everyone. Welcome to this well-maintained duplex in the established Idle Ease community near Mountain View & 19th Ave, a rare opportunity to start homeownership at an affordable price while keeping your options wide open. Each 2-bedroom, 1-bath unit offers bright living spaces with large picture windows, ceiling fans, and easy-care tile flooring in the

  

  Mario Romero

  The Melcher Agency

  (623) 462-2071

  9602 N 18th Ave, Phoenix, AZ 85021
• Explore Phoenix

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  /17

  $325,000

  2230 E Taylor St, Phoenix, AZ 85006

  GREAT opportunity to invest !

  

  Fabiola Aboyte

  HomeSmart

  (877) 330-6197

  2230 E Taylor St, Phoenix, AZ 85006
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  /14

  $545,900

  2957 E Atlanta Ave, Phoenix, AZ 85040

  Excellent investment opportunity in the heart of Phoenix! This well-maintained triplex features three 2-bedroom, 1-bath units, ideally located near public transportation, shopping, dining, and major employment corridors.Recent capital improvements add strong value and peace of mind for the next owner, including new A/C units in all three units (2024). Unit 2 and Unit 3 received brand-new

  

  Stacy Ortega

  Real Broker

  (602) 905-5430

  2957 E Atlanta Ave, Phoenix, AZ 85040
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  /23

  $474,900

  2032 W Cypress St, Phoenix, AZ 85009

  Fantastic Investor opportunity! Perfect for the seasoned investor to add to their portfolio or an owner-occupant who wants passive income from stabilized rents. Each unit is a 1 bedroom, 1 bathroom with the front and rear units (2034 W Cypress St) sharing a rear yard and 2032 W Cypress St enjoying a private yard and gated, covered parking. All appliances and lockable storage shed in the rear yard

  

  David Mendel

  eXp Realty

  (833) 754-7212

  2032 W Cypress St, Phoenix, AZ 85009
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  /86

  $875,000

  1317 W Monroe St, Phoenix, AZ 85007

  Fantastic investment opportunity in a gorgeous historic neighborhood near the Arizona State Capitol in the heart of Central Phoenix. This well-maintained fourplex features 4 beautifully remodeled efficiency units, consistently in demand with both short- and long-term tenants. Each fully furnished unit offers a private kitchenette w/ stainless steel gas range, refrigerator, & microwave, along with

  Max Shadle Redfin Corporation

  1317 W Monroe St, Phoenix, AZ 85007
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  /41

  $899,900

  2245 N 28th St, Phoenix, AZ 85008

  Great Investment opportunity! All units fully occupied. This well maintained 4 Plex is in a highly desirable area. Featuring 2- 2 Bedroom units and 2- 1 Bedroom units. Units are modern and easy to rent. Each unit has it's own covered parking space. Shared Laundry Room on property. Washer and Dryer included. All A/C units are less than 5 years old.

  Wednesday Enriquez Keller Williams, Professional Partners

  2245 N 28th St, Phoenix, AZ 85008
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  /62

  $2,380,000

  18202 N Cave Creek Rd Unit 17units, Phoenix, AZ 85032

  This property presents a compelling investment opportunity with its attractive unit mix, desirable location, and potential for additional income through owner-operated facilities. It is a well-positioned, income-generating asset. There are opportunities to even increase current rental income for further value. This property is a prudent choice for investors looking to expand, diversify or start

  Amy D. Brown Coldwell Banker Realty

  18202 N Cave Creek Rd Unit 17units, Phoenix, AZ 85032
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  /25

  $1,350,000

  3517 E Montecito Ave, Phoenix, AZ 85018

  This Four-Plex is very unique for the area. It is fully secured by a block wall on all sides and has its own private fenced in pool (recently resurfaced with pebble tech) in the courtyard. This is very rare to find anywhere in the valley, and especially in this area. The property as one 2/2 and three 1/1 bedroom units. The property has been self managed and the owner has made numerous upgrades to

  Terry Kass Coldwell Banker Commercial Realty

  3517 E Montecito Ave, Phoenix, AZ 85018
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  /17

  $1,049,500

  11230 N 17th Ave, Phoenix, AZ 85029

  BRAND NEW completely rebuilt 5 unit apartments. New wiring, plumbing, AC, appliances, New Tile flooring, New cabinets, with granite countertops, new window trimming, new windows. This is a turnkey property. Kitchen with Newly added 14 car parking lot. New fencing and backyard. This is a rare find. Dedicated laundry room, which can be used for added income.Done with the idea of lasting

  Ronald Schmidt West USA Realty

  11230 N 17th Ave, Phoenix, AZ 85029
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  /48

  $775,000

  2444 E Willetta St Unit 1, Phoenix, AZ 85008

  Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100%

  Sophia Baron Get Multifamily

  2444 E Willetta St Unit 1, Phoenix, AZ 85008
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  /26

  $1,155,000

  1805 N 31st St, Phoenix, AZ 85008

  4-unit, garden-style asset fully renovated down to the studs in 2026, offering a true turnkey investment. The property features 100% 2-bedroom, 1-bathroom units with vaulted ceilings and added square footage, creating an open-concept feel. Interiors have been fully modernized with new kitchens, bathrooms, flooring, and contemporary finishes throughout, along with in-unit washer and dryer in every

  Andrew Arambula ABI Multifamily

  1805 N 31st St, Phoenix, AZ 85008
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  /31

  $535,000

  2314 E Harvard St Unit 2, Phoenix, AZ 85006

  This property is ideal for investors seeking a monthly income in a highly desirable part of town. There are 2 units and a lot of space for the residents who live here. The first unit is a 2-bedroom, 1-bathroom, and the second unit is a 1-bedroom, 1-bathroom. These two units have separate meters. These units are currently being rented out and are under contract.

  Brian Grijalva Barrett Real Estate

  2314 E Harvard St Unit 2, Phoenix, AZ 85006
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  /25

  $330,000

  1025 E Roosevelt St, Phoenix, AZ 85006

  Seller financing available with a minimum 25-30% down, competitive rate, and flexible terms. Prime redevelopment opportunity in the Garfield Historic District, zoned R-5 Multiple Family Residence. 6, 875 SF lot with an existing 714 SF structure and alley access. Potential to build up to 6-8 attached units, subject to City of Phoenix approval. Situated blocks from Roosevelt Row, Chase Field,

  Tom Palestina ABI Multifamily

  1025 E Roosevelt St, Phoenix, AZ 85006
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  /46

  $549,000

  1723 N 42nd St, Phoenix, AZ 85008

  LOCATION, LOCATION, LOCATION! Minutes from the airport and freeway. Great property with endless opportunities. You can continue to rent both units to the existing tenants for great cash flow. Or live in one and rent the other. You could also convert to single family home. Or do your own renovations and list it as a short-term rental. This property is back on the market after completing over

  Mike Fuller HomeSmart

  1723 N 42nd St, Phoenix, AZ 85008
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  /16

  $2,600,000

  3139 N 40th St, Phoenix, AZ 85018

  Rare investment opportunity in Arcadia Lite! Flexible 5-unit residential compound ideal for residential assisted living, adult care, sober living, transitional housing, or premium rental income with high ROI! Nearly 1⁄2-acre property w/ 3BR/2BA single-family+ 4-plex w/ 1BR/1BA units, each w/ private yard! Excellent setup for assisted living or adult care model w/ multiple living spaces & inviting

  Erik Kelly eXp Realty

  3139 N 40th St, Phoenix, AZ 85018
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  /16

  $600,000

  1110 S Montezuma Ave, Phoenix, AZ 85003

  MatthewsTM is pleased to present the listing for 1106 & 1110 S Montezuma, two duplex properties located in the Central City submarket of Phoenix, Arizona. Built in 2021, the asset consists of (4) 2-bedroom, 1-bathroom units, each with 2-car garages. Each unit averages ±550 square feet (excluding garages), totaling approximately 2,200 square feet of rentable space. Tenants are responsible for

  Brad Skenderian Matthews Real Estate Investment Services

  1110 S Montezuma Ave, Phoenix, AZ 85003
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  /28

  $799,000

  1425 E Roosevelt St, Phoenix, AZ 85006

  Four-unit income property with in-place rents of $61,287 annually and low operating expenses. Unit mix includes (1) studio, (1) 1BD/1BA, and (2) 2BD/1BA units, all comprehensively updated with new flooring, cabinetry, countertops, walk-in showers, and stainless appliances. The studio was fully rebuilt, creating a turnkey asset with no deferred maintenance. All units are individually metered for

  Andrew Arambula ABI Multifamily

  1425 E Roosevelt St, Phoenix, AZ 85006
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  /8

  $1,995,640

  3027 N 37th St, Phoenix, AZ 85018

  Rare Phoenix investment! 7-unit Citrus Acres gem with upgraded, move-in-ready units full of charm—rents fast and cash flows strong. Just steps from high-end Arcadia, this rapidly gentrifying area is booming with demand for quality rentals. This is 1/3 of a 21-unit portfolio, offering savvy investors the option to acquire a larger package at a discounted rate. Perfect for instant income, long-term

  Greg Yurkovic Platinum Realty Group

  3027 N 37th St, Phoenix, AZ 85018
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  /15

  $610,000

  9643 N 10th Ave, Phoenix, AZ 85021

  Investor-friendly fourplex with strong upside: single-level design, block construction, pitched roof, individually metered electric, and in-unit washer/dryer hookups. Each unit has private outdoor space (1BRs with fenced patios, 2BRs with fenced yards). Plenty of parking with 4 covered spaces plus 6 extra spots (very rare). Each unit has its own storage. Individual trash bins for each tenant.

  Rocky Banovac Pacwest Properties, Inc

  9643 N 10th Ave, Phoenix, AZ 85021
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  /57

  $1,450,000

  2238 E Taylor St, Phoenix, AZ 85006

  East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to

  Damian Godoy My Home Group Real Estate

  2238 E Taylor St, Phoenix, AZ 85006
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  /5

  $625,000

  2833 E Le Marche Ave, Phoenix, AZ 85032

  Amazing investment fourplex in North Phoenix! Premium corner building with no shared walls, and easy access to covered parking for tenants. Units consist of: one 1bed/1bath unit, two 2bed/2bath units, and a 3bed/3bath unit. All units have a large square footage and modern layouts and all include washer/dryer hookups. Three units have ground level patios that open onto a large common area and

  Jason Snyder HomeSmart

  2833 E Le Marche Ave, Phoenix, AZ 85032
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  /13

  $900,000

  6630 S 11th St Unit 1, Phoenix, AZ 85042

  A true must see in the heart of Phoenix!! This multifamily compound is a brand new custom build with a modern touch. The modern neutral colors inside and out make these units extremely desirable. The open and well designed floor-plans of all units make this multi family compound a one of a kind property. This investment opportunity is one you DO NOT want to miss!

  Jeremy Behie Fathom Realty Elite

  6630 S 11th St Unit 1, Phoenix, AZ 85042
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  /36

  $699,000

  2505 N Richland St, Phoenix, AZ 85006

  Great opportunity to own in the coveted historic Coronado neighborhood in Phoenix. Located close to downtown as well as restaurants, shops, cafes and more. This duplex offers mirrored floorplans, both units with two bedroom, one full bathroom and laundry in unit. A full remodel was complete top to bottom in 2023 including new interior fixtures, flooring, kitchen, bathrooms, paint, AC units and

  Angela Shows Shows Realty

  2505 N Richland St, Phoenix, AZ 85006
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  /15

  $790,000

  4020 S 15th St, Phoenix, AZ 85040

  Turnkey income property featuring a fully remodeled duplex plus two brand-new mobile homes! Offering immediate rental income with ALL units ALREADY OCCUPIED! The duplex has been completely updated with new tile flooring, interior and exterior paint, new AC units, and modern kitchens with new cabinets, dishwashers, and in-unit washer and dryers, all with modern finishes throughout. Each unit

  Sheyla Sanchez-Jimenez Valley Views RE

  4020 S 15th St, Phoenix, AZ 85040
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  /21

  $825,000

  1714 N 32nd St, Phoenix, AZ 85008

  100% OCCUPIED » 5 Units » All Units Updated in the past 2 years » In-Unit Laundry/Hook-Ups » New Roof 2021 » Massive Lot for Expansion » High-Demand Area » Growth Play » Collect cash flow while planning your value-add or expansion strategy.

  Hudson Robison The Broker Reserve LLC

  1714 N 32nd St, Phoenix, AZ 85008
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  /17

  $1,150,000

  1018 N 22nd Place, Phoenix, AZ 85006

  1018 & 1022 North 22nd Place is an 8-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. The property is comprised of two individually parceled fourplexes, offering flexibility for financing or future disposition strategies. Each unit is separately metered for electricity and includes ample on-site parking. Ideally

  Bryce Neagle ABI Multifamily

  1018 N 22nd Place, Phoenix, AZ 85006
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  /12

  $683,990 New Construction

  1712 S 3rd St, Phoenix, AZ 85004

  To Be Built Brand New Duplex!! Live in one unit and rent out the other side for income. 3 bedroom 2.5 bathroom, 1,277 sf per home (2,554 total for both). Build now and pay later, 3.99% rate buy down available. In the growth corridor for the new South Central Light Rail expansion! Exciting opportunity to own a homesite near Downtown Phoenix! Minutes drive to Footprint Center, CHASE FIELD, and

  Steven Zajdzinski eXp Realty

  1712 S 3rd St, Phoenix, AZ 85004
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  /16

  $1,550,000

  1224 E Dunlap Ave, Phoenix, AZ 85020

  Find your prime investment opportunity today! This is an 8-unit low-rise complex. Built in 1980, but was extensively upgraded in 2023, making it a turnkey investment with significant potential for income growth. Offering a mix of two standalone 2-bedroom, 2-bathroom units and six 2-bedroom, 1-bathroom units, with modern amenities and high-quality finishes. Each unit features spacious living

  Stephen Patterson II Axen Realty, LLC

  1224 E Dunlap Ave, Phoenix, AZ 85020
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  /20

  $759,000

  548 & 550 W San Juan Ave, Phoenix, AZ 85013

  Positioned in one of Central Phoenix's most desirable pockets, 548 & 550 W San Juan Avenue presents a rare opportunity to own a well-maintained duplex surrounded by significantly higher-value homes. Each unit offers 2 bedrooms and 1 bath with thoughtful updates that enhance both comfort and functionality. The property sits on an oversized lot with ample parking, creating flexibility for tenants

  Brad Kimmelman Russ Lyon Sotheby's International Realty

  548 & 550 W San Juan Ave, Phoenix, AZ 85013
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  /21

  $1,325,000

  2015 E Eugie Terrace, Phoenix, AZ 85022

  This 7-unit property boasts a fully renovated interior and in-unit washers and dryers in every residence, delivering a truly turn-key investment in the heart of North Phoenix. Situated in the established North Mountain submarket, the area continues to benefit from sustained population growth and strong demand for quality rental housing. With a uniform 2-bedroom/1-bathroom unit mix, 100%

  Jackson Everhart Orion Investment Real Estate

  2015 E Eugie Terrace, Phoenix, AZ 85022
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  /13

  $1,525,000

  1305 E Madison St, Phoenix, AZ 85034

  Brand new construction. All units are 2 bedroom 2 bath/ High end finishes throughout. This is a perfect turnkey property that is the first in a growing area with gentrification happening. Upside investment. The property is near the light rail into downtown, Bank One Ballpark, Roosevelt Row, and light rail to the airport. IECC efficient appliances and A/C. Visit my YouTube channel at

  Morgan Shipley Realty ONE Group

  1305 E Madison St, Phoenix, AZ 85034
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  /15

  $925,000

  1747 E Virginia Ave, Phoenix, AZ 85006

  4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, the property features 100% 2-bedroom, 1 bath units, all of which have been renovated with granite counter tops, white shaker cabinetry, stainless steel appliances, in-unit washer/dryer, and more. The community also features a private BBQ area and covered parking. Additionally, the property is within walking distance to Phoenix

  Brad Skenderian Matthews Real Estate Investment Services

  1747 E Virginia Ave, Phoenix, AZ 85006
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  /73

  $510,300

  329 N 17th Dr, Phoenix, AZ 85007

  Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows

  James Yancey Gentry Real Estate

  329 N 17th Dr, Phoenix, AZ 85007
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  /72

  $879,000

  17859 N 40th St, Phoenix, AZ 85032

  This 4plex presents a rare opportunity for investors to acquire a property with immediate upside. Whether you're looking to lease at current market rents or pursue a strong Section 8 rental strategy, this property offers the flexibility to place tenants and optimize income from day one. The property features four spacious units, including three 2-bedroom, 1-bath units and one 2-bedroom, 2-bath

  Cariste Harlan Compass

  17859 N 40th St, Phoenix, AZ 85032
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  /31

  $850,000

  4514 N 14th Place, Phoenix, AZ 85014

  Exceptional investment opportunity in the heart of Central Phoenix. Ideally situated near the Biltmore Area and Downtown Phoenix, this gated triplex offers strong in-place income with zero vacancy and modernized interiors throughout. The property features two 1 bed / 1 bath units and one 2 bed / 1 bath unit, all thoughtfully updated while maintaining a touch of mid-century character. Tenants

  William Nager My Home Group Real Estate

  4514 N 14th Place, Phoenix, AZ 85014
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  /17

  $475,000

  3810 N 9th Place, Phoenix, AZ 85014

  Income-producing property in central Phoenix featuring a 744 SF 2BR/1BA single-family home plus two attached 322 SF studio apartments, all on one parcel. Units are occupied, delivering steady in-place cash flow. Owner's financials reflect a 6.36% cap rate at the list price based on existing rents and expenses. Both studios include kitchenettes and share an attached laundry room. Situated on a

  Lianne Russo Liddell Realty ONE Group

  3810 N 9th Place, Phoenix, AZ 85014
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  /22

  $1,590,000

  1825 E Adams St, Phoenix, AZ 85034

  To much to mention see listing #6626952 under residential listings for info and over 300 photos. Owner/listing agent/architect/ builder, currently resides in the dwelling. Owner/seller is an active az lic realtor..7,700 sf of usable space. new waymo station under construction at the nw corner of 18th st and washington. 1 block away.

  Pablo Acosta Colonial Realty, LLC

  1825 E Adams St, Phoenix, AZ 85034
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  /12

  $250,000

  6410 S 7th St, Phoenix, AZ 85042

  Fantastic opportunity to own a well-performing duplex with an exceptional rental record. Nearly zero vacancy for the past five years. Zoned R-3, the 1970-built duplex features matching 1-bedroom, 1-bath units, each approximately 576 sq ft. The property features mini split A/C systems (2021), newer roof (2020), laundry hookups on the back patios, and long-term, stable tenants. Units are currently

  Andres Vargas Real Broker

  6410 S 7th St, Phoenix, AZ 85042
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  /98

  $11,600,000

  4525 N 40th St, Phoenix, AZ 85018

  8 brand new high end condos in the coveted Arcadia area known for great office, retail and restaurants. All 3 bed 3 bath 2 car garage Average about 2500 sq ft. Currently renting out for $5000/month-7000/month. Each unit has it's own private elevator.

  Warren Petersen Network Realty

  4525 N 40th St, Phoenix, AZ 85018
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  /32

  $1,200,000

  • 3 Beds
  • 2 Baths
  • 2,003 Sq Ft

  8917 E Mountain Spring Rd, Scottsdale, AZ 85255

  Experience elevated desert living in this single-level Camelot Villa, ideally situated within the prestigious gated community of DC Ranch. Designed with both elegance and comfort in mind, this residence showcases a seamless great room floor plan that effortlessly connects the gourmet kitchen, dining area, and expansive living space--perfect for sophisticated entertaining and everyday living. A

  Jardin Ratzken Two Brothers Realty & Co

  8917 E Mountain Spring Rd, Scottsdale, AZ 85255

Showing Results 1 - 40, Page 1 of 5

Why Live in Phoenix

Phoenix's outdoor lifestyle centers around iconic landmarks like Camelback Mountain, with its challenging hiking trails and panoramic city views. South Mountain Park and Preserve spans 50 miles of trails where visitors can discover ancient petroglyphs and take in the vista from Dobbins Lookout. The Desert Botanical Garden showcases the region's diverse arid plants, while Papago Park features distinctive red rock buttes and the Hole-in-the-Rock formation. Cultural attractions include the Musical Instrument Museum's global collection and the Heard Museum's American Indian art exhibits. The dining scene features standouts like Pizzeria Bianco's wood-fired pizzas and Durant's, a classic steakhouse serving thick cuts for nearly 70 years.

The Phoenix housing market includes diverse options across its neighborhoods. The median single-family home price is $491,000, with higher prices in areas like Downtown Phoenix at $950,000 and Paradise Valley at $699,000. Condominiums start at a median price of $225,000 for one bedroom units and $325,000 for two bedrooms. The median townhome price sits at $401,000.

Living costs in Phoenix run 6.5% above the national average. A family with school-age children needs approximately $113,000 annually to live comfortably, while renters should aim for $62,000. Monthly housing costs average $2,800 for homeowners and $2,400 for renters. Groceries cost about 2.9% above the national average. The property tax rate is 0.47%, and the combined sales tax rate is 8.41%. Top-rated schools include Phoenix Country Day School and Brophy College Preparatory, both rated A plus by Niche. Arizona State University maintains its downtown Phoenix campus nearby.

Learn more about living in Phoenix

Home Trends in Phoenix, AZ

On average, homes in Phoenix, AZ sell after 66 days on the market compared to the national average of 57 days. The median sale price for homes in Phoenix, AZ over the last 12 months is $460,000, up 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$460,000

Median Single Family Sale Price

$505,000

Median Townhouse Sale Price

$415,000

Median 2 Bedroom Sale Price

$305,000

Median 1 Bedroom Sale Price

$215,000

Average Price Per Sq Ft

$305

Number of Homes for Sale

4,146

Last 12 months Home Sales

13,247

Months of Supply

3.80

Median List Price

$484,995

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

1%