Phoenix Multifamily Homes for Sale
  • Home
  • Featured Properties
  • Selling
  • Property Management
  • Sold
  • About Us
  • Blog
  • Resources
Login
(602) 842-5050

Sign in to your account

Need to reset your phone number?

Don't have an account with us?

Click here to sign up.

Phoenix MULTIfamily Real Estate for Sale

TO
Advanced Search

Address Search


  • Advanced Search

    Find your perfect Phoenix MULTIfamily property


  • Map Search

    Use our interactive map search tool

Your Phoenix MULTIfamily Resource

 

WELCOME

Here at GET MULTI family, we are experts in assisting clients with the entire process of investing in or selling a multi family home. Having been in business for over five years, we understand the Phoenix, AZ real estate market and are well-versed in all aspects of the sale, purchase, and leasing requirements for multifamily units. We would love to speak with you about this specialty product in our area so give us a call or fill out the contact form. We will be in touch very shortly.

WHY PURCHASE A PHOENIX MULTIFAMILY UNIT?

Our area is one of the fastest growing in Arizona for several reasons. It’s warm and sunny most of the year. With the terrific amenities and attractions here in Phoenix, there are great real estate opportunities, especially with the more popular multifamily home.

The population in metro Phoenix and area over the last few years has been growing at an unbelievable rate. The appealing climate, job growth, business environment, and few regulations have seen an influx of new businesses and residents. About 40,000 people a year are relocating to the Phoenix area. In 2019, most were coming from California or the Midwest. This population boom means a need for housing. With limited land for expansion, the obvious solution is to build more multifamily units upwards instead in a combination of low rise and high rise condo buildings.

Historically, the real estate market has been at the top of this list for high returns on multifamily investments. For example, in 2020, our vibrant city saw an average annual return of just under 14% on multifamily homes. Investing in this type of real estate can also offer great growth potential and some tax benefits.

What is affecting multifamily homes in our area? Millennials! In the last U.S. Census, 11% of all millennial renters in the Phoenix, AZ area expect to be renting for the rest of their lives. And where do they want to rent? In a multifamily unit neighborhood where everything is within a short walk; there must be good amenities; plus be close to shops and entertainment. It’s not just the millennials either! Retirees who are looking to downsize also like the idea of being able to walk in the neighborhood. Small families also like the idea of becoming part of a community while living in a multifamily unit.

The multifamily unit real estate market is extremely competitive and we are still seeing multiple offers on some properties, especially those in the more desirable areas like downtown, midtown, and uptown Phoenix as well as downtown Tempe and even downtown Mesa. At the moment, these are the core neighborhoods in which to make your best investment.

 

WHAT IS A MULTIFAMILY HOME?

The easy definition is that a multifamily home is a residential property that has more than one housing unit. Every unit must have a private kitchen and bathroom as well as separate entrances and utility meters. Duplexes, triplexes, apartment buildings, condominiums, and row housing are all considered multifamily homes.

WHAT DO YOU NEED TO KNOW ABOUT A MULTIFAMILY HOME?

Investing in multifamily properties with multiple rental units comes with added time, expenses, and overhead. That said, these units have the potential to increase your monthly income while growing in value and reducing your financial risk. We have relationships with a number of property management firms that will take care of the day-to-day operations of your rental units.

The other challenge when purchasing a multifamily home is of course finding good tenants. We have tons of experience when looking for and screening tenants who will care for the property while helping them with their concerns when called upon. If you're looking for ideas on how to find the perfect tenant we have that covered too.

HOW DO YOU GET INTO PHOENIX MULTIFAMILY HOME INVESTMENT MARKET?

Do your homework! Contact one of our team members here at GET MULTI FAMILY. We are active in the market and have strong relationships with buyers, sellers, investors, and the general market as well as property managers, contractors, home inspectors, and others. We can structure the right deal by taking advantage of our relationships with both banks and private lenders to make sure that you will do well with your investment. 

As the Phoenix market is very competitive, you need to be prepared. Good deals don’t stay on the market long and this is where GET MULTI FAMILY comes in! We can help you with getting your game plan in place before you make the offer. We will help you every step of the way. From helping you with writing your financial plan to finding the right lender, we have strong relationships that will determine the best course of action for you. We want you to succeed!

Here at GET MULTI FAMILY, we have all the skills necessary to work with you on either the purchase or the sale of your multifamily home. Contact us today and we will be happy to meet with you to discuss all of your options.

 

Newest Phoenix MULTIfamily Properties for Sale

2421 W Glenrosa Avenue, Phoenix image
2421 W Glenrosa Avenue, Phoenix $1,025,000

5-Unit, Garden-Style Property, Built in 1952, Fully Renovated in 2021. Unit Mix Consists of (3) Two-Bed / One-Bath Units & (2) One-Bed / One-Bath Units. Exterior Upgrades...

  • 6536511 MLS
1734 W Glenrosa Avenue, Phoenix image
1734 W Glenrosa Avenue, Phoenix $1,260,000

None

  • 6536418 MLS
2337 W Maricopa Street, Phoenix image
2337 W Maricopa Street, Phoenix $440,000

What a fantastic investment opportunity to own this wonderful duplex property in a desirable Phoenix location! It displays ample space potential for personalization and a...

  • 6531055 MLS
2442 E Monroe Street, Phoenix image
2442 E Monroe Street, Phoenix $829,000

GREAT CAP RATE, ALL UNITS RENTED!! Long term renters in place. Tri-plex and a duplex on one lot. Fantastic location within walking distance to the light rail, close to t...

  • 6535519 MLS
3219 N 67th Place, Scottsdale image
3219 N 67th Place, Scottsdale $4,500,000

We are pleased to announce the exclusive availability of Scottsdale Shadows Apartments. This apartment community is bike riding distance from high-end shopping at Scottsd...

  • 6535401 MLS
1333 W Taylor Street, Phoenix image
1333 W Taylor Street, Phoenix $699,000

One of a kind Historic Oakland charmer! Located within walking distance to the Grand Avenue of the Arts district, light rail and downtown Phoenix. Rising rents in this gr...

  • 6534703 MLS
2435 W Yuma Street, Phoenix image
2435 W Yuma Street, Phoenix $459,000 ▲

This duplex offers a great location right off of downtown Phoenix, would make for a good AirBnB. Occupied by large family with flexible leases and opportunity to increase...

  • 6534699 MLS
510 E Hatcher Road, Phoenix image
510 E Hatcher Road, Phoenix $4,200,000

Hatcher Heights was built in 1985 and is comprised of (12) 1-bedroom / 1-bathroom and (12) 2-bedroom / 1-bathroom units. The property is a 3-story building and has gone t...

  • 6534040 MLS
property image
2020 W Orangewood Avenue, Phoenix $5,250,000

None

  • 6533715 MLS
8842 N 2nd Way, Phoenix image
8842 N 2nd Way, Phoenix $575,000

Fully renovated and leased duplex on an R-5 lot that grosses $36,000 per year in rental income. Both units are two bedroom and one bath. There are 2 separate buildings ea...

  • 6525424 MLS

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Like or Share
Loading likes...

Address Search

Phoenix MULTIfamily Homes

  • Duplex
  • Triplex
  • Fourplex
  • 2-4 Units
  • 5+ Units
  • Land

Scottsdale MULTIfamily Homes

  • Duplex
  • Triplex
  • Fourplex
  • 2-4 Units
  • 5+ Units
  • Land

Tempe MULTIfamily Homes

  • Duplex
  • Triplex
  • Fourplex
  • 2-4 Units
  • 5+ Units
  • Land

Mesa MULTIfamily Homes

  • Duplex
  • Triplex
  • Fourplex
  • 2-4 Units
  • 5+ Units
  • Land

Chandler MULTIfamily Homes

  • Duplex
  • Triplex
  • Fourplex
  • 2-4 Units
  • 5+ Units
  • Land

Arizona MULTIfamily Homes

  • Duplex
  • Triplex
  • Fourplex
  • 2-4 Units
  • 5+ Units
  • Land

Financing Options

  • Seller May Carry
  • FHA
  • VA
  • Conventional

Interactive Map Search

Interactive Map Search image

Buying & Selling Made Easy

 width= Freshest Data Available
 width= Active Listings Only
 width= Customizable Search Options
 width= New Listing Alerts
 width= Instant MULTIfamily Value Assessments

 

Getmultifamilypm

Getmultifamily

  • Home
  • Advanced Search
  • Buying
  • Featured Properties
  • Selling
  • About Us
  • Blog
  • Contact Me
  • Sold

 

Logo
Patrick O'Sullivan
3317 S Higley Rd Ste 114-337
Gilbert, AZ 85297

Office: (602) 842-5050
Email: Inquiry@GetMULTIfamily.com
MLS

© 2020 All Rights Reserved | Privacy Policy

 

IDX Real Estate Websites by
• Accessibility • Terms • Privacy