All Phoenix Multifamily Homes for Sale (2-4 Units)

With alluring big-city sophistication and unmatched desert beauty, the City of Phoenix, Arizona, is an excellent place to spend a day, a week, or a lifetime. Its timeless beauty provides the perfect backdrop for a romantic getaway, weekend adventure, or family vacation. The city boasts more land designated for preserves and parks than any other major city in the country, and it is full of exciting cultural attractions, museums, casual and fine dining restaurants, shopping, theater, and Old West roots. Additionally, this one-of-a-kind city is home to cactus, red-rock buttes, real cowboys, lush golf courses, resorts and spas, mountain trails, and Super Bowl-worthy sports venues.

All of the city’s spectacular amenities and attractions are easily enjoyed year-round because of the abundance of sunshine. All of its many advantages contribute to the city continuing to be one of the nation’s hottest growth areas. These features also make it an excellent place to invest in Phoenix real estate. Real estate in Phoenix includes a wide variety of opportunities, including Phoenix multi-family homes for sale. Multi-family homes in Phoenix consist of duplexes, triplexes, quads, condos, townhomes, patio homes, and other structures with multiple units that can house multiple families.

While owning a single-family home and using it as a rental property can provide monthly rental income, owning a multi-family property in Phoenix can generate multiple streams of monthly rental income. This makes owning Phoenix multi-family properties an ideal investment for those seeking consistent cash flow. You’ll find multi-family dwellings for sale in Phoenix in the 85018, 85012, 85014, 85008, 85015, and 85016 zip codes, among others, and the neighborhoods of Citrus Acres, Camel Square, Camelback Shadows, Citrus Heights, and Melrose Valley, to name a few. There is a broad range of listing prices for Phoenix multi-family dwellings as a result of the extraordinary diversity. If you are interested in learning more about currently available multi-family homes in Phoenix, Arizona, we would love to help you, so please do not hesitate to contact us as soon as it is convenient.

Our website features the best Phoenix duplexes, triplexes and fourplexes available. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Interested in the ultimate guide on buying a fourplex? Check out our post here.

Curious about what’s happening in the multifamily market? You can create a custom market report to see what’s active, under contract, and sold in Phoenix!

10648 N 15th Avenue, Phoenix $650,000

Fantastic investment opportunity! This well-maintained 4-plex features three spacious 1-bedroom, 1-bath units and one generous 2-bedroom, 1-bath unit. Conveniently locate...

7059467 MLS

3753 E Polk Street, Phoenix $650,000

Great opportunity! Embrace the perfect blend of modern style and everyday comfort in this beautiful single-story duplex! Discover a desirable open floor plan filled with ...

6 Beds
4 Baths
7059177 MLS

2142 E Taylor Street Unit 1, Phoenix image

2142 E Taylor Street Unit 1, Phoenix $435,000

hree at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occup...

4 Beds
3 Baths
7058755 MLS

2444 E Willetta Street Unit 4, Phoenix image

2444 E Willetta Street Unit 4, Phoenix $750,000

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 t...

6 Beds
4 Baths
7058509 MLS

5038 N 18th Avenue, Phoenix $715,000

Fully remodeled three-unit Phoenix investment property configured for nine individually rentable rooms and operated using the PadSplit shared-housing model. Improvements ...

9 Beds
3 Baths
7058179 MLS

1101 E Roosevelt Street, Phoenix $749,999 ▼

PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All ...

7057876 MLS

3801 N 23rd Drive, Phoenix $750,000

None

8 Beds
4 Baths
7057074 MLS

3823 N 23rd Drive, Phoenix $799,900

Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental...

8 Beds
4 Baths
7056928 MLS

326 N 18th Avenue, Phoenix $379,700 ▼

Income producing Duplex built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. One 2 bed 1 bath unit and one 1 bed 1 bath unit. Construction is...

5 Beds
3 Baths
7055964 MLS

1911 E Warner Street, Phoenix $482,600

LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2022-built duplex offers the opportunity to live in one unit while a...

6 Beds
4 Baths
7055488 MLS

2210 W Devonshire Avenue, Phoenix $750,000

Seller financing available! This well-maintained four-unit property features four 2-bedroom, 1-bathroom units, each with its own in-unit laundry. The property has been ex...

8 Beds
4 Baths
7055078 MLS

1321 W Vogel Avenue, Phoenix $709,000

Rare investment opportunity in Phoenix. This is a four-unit, two-story multifamily dwelling is designed for rental income with three of the four units currently occupied....

8 Beds
4 Baths
7053664 MLS

1724 S 1st Street, Phoenix $699,900 ▼

This is not your average duplex! Built in 2025, with more than $70K in additional improvements and enhancements. This turnkey property features two spacious 3-bedroom,...

6 Beds
4 Baths
7053495 MLS

2802 E Marconi Avenue, Phoenix $550,000

Amazing opportunity! 4 Plex!! Amazing location! Each Unit is a 2 bed, 2 bath, with laundry hookups. HOA includes water/sewer/trash, community pool and landscaping. Units ...

8 Beds
8 Baths
7052993 MLS

2801 E Paradise Lane, Phoenix $550,000

Amazing opportunity! 4 Plex!! Amazing location! Each Unit is a 2 bed, 2 bath, with laundry hookups. HOA includes water/sewer/trash, community pool and landscaping. Units ...

8 Beds
8 Baths
7052991 MLS

1647 W Garfield Street, Phoenix $425,000

Excellent multifamily investment opportunity on an R-5 zoned multifamily parcel. This fully remodeled duplex features two 2-bedroom, 1-bath units, updated in 2023 with mo...

4 Beds
2 Baths
7052276 MLS

3326 W Maricopa Street, Phoenix $619,000

Excellent investment opportunity in the heart of Phoenix! This well-maintained duplex offers immediate cash flow with two spacious units already occupied. Unit 1 features...

7 Beds
4 Baths
7052170 MLS

1522 W Polk Street, Phoenix $499,000 ▼

This 3-unit, garden-style historic property, originally constructed in 1916 and completely restored in 2022, offers a unique blend of character and modern upgrades. The p...

4 Beds
3 Baths
7051935 MLS

2726 E Beck Lane, Phoenix $925,000

This turnkey fourplex is located in North Phoenix & features large 915sqft units which are all 2 bed/2 bath. The unit interiors were fully remodeled in 2022 which inclu...

8 Beds
8 Baths
7051475 MLS

2833 E Paradise Lane, Phoenix $550,000 ▲

Amazing opportunity! 4 Plex!! Amazing location! Each Unit is a 2 bed, 2 bath, with laundry hookups. HOA includes water/sewer/trash, community pool and landscaping. Un...

8 Beds
8 Baths
7051345 MLS

721 E Carol Avenue, Phoenix $750,000 ▼

None

6 Beds
4 Baths
7050837 MLS

4221 E Magnolia Street, Phoenix $950,000

Great Potential. Heavy Industrial Zoning or can also be used as a Multi-Dwelling Unit. Home has a apartment for secondary living. Large covered Carport and Spacious L...

1 Beds
1 Baths
7050686 MLS

539 W Mariposa Street, Phoenix $639,900 ▼

Live in the middle of everything while enjoying the character and charm that make Central Phoenix so special. Located in the highly sought-after Pierson Place Historic Di...

3 Beds
2 Baths
7048918 MLS

2314 E Garfield Street, Phoenix $384,999

Turnkey duplex with strong cash-flow potential! Whether you're looking for a long-term rental, short-term rental, or house-hack opportunity, this fully renovated duplex i...

3 Beds
2 Baths
7047080 MLS

37 W Pasadena Avenue, Phoenix $1,975,000 ▼

Set behind mature trees on a flood-irrigated half-acre in Historic Medlock Place, this is one of the most unique opportunities currently available in Central Phoenix. Com...