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!

3630 N 15th Avenue, Phoenix $999,900 ▼

Central Phoenix 4 Unit Property Near Melrose & Light Rail Located at 3630 N. 15th Ave, this well situated 4-plex places residents in the center of everything Phoenix has...

7 Beds
4 Baths
6992526 MLS

2828 E Tierra Buena Lane, Phoenix $580,000 ▼

4-unit multifamily property located within the Palomino Pointe HOA in North Phoenix. Built in 1982. Unit mix consists of (1) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath, (1) 2-bed...

14 Beds
14 Baths
6992217 MLS

1502 W Monroe Street, Phoenix $631,000 ▼

Multi-Family | Fully Remodeled | Active Airbnb in Downtown's Historic District. This beautifully renovated 1911 Craftsman offers a rare, income-producing setup with space...

6990515 MLS

3302 W Northern Avenue, Phoenix $725,000 ▼

Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVA...

11 Beds
4 Baths
6989127 MLS

6201 N 9th Place, Phoenix $810,000 ▼

Fresh interior paint, new bathroom fixtures, and new bedroom flooring are currently being completed in all three units of this prime Phoenix tri-plex. Each residence offe...

6 Beds
3 Baths
6988882 MLS

1232 E Virginia Avenue, Phoenix $875,000 ▼

Rare multi-family investment opportunity in central Phoenix's desirable 85006 neighborhood. Well-located brick-constructed building with three units on a generous lot, of...

6 Beds
6 Baths
6988812 MLS

1022 S Montezuma Avenue, Phoenix $585,000

This remodeled duplex is fully rented with a 2 bedroom 1 bath and 1 bedroom 1 bath unit. There is a 3rd building that could be renovated for a triplex. This property wa...

3 Beds
3 Baths
6988700 MLS

1321 N 48th Place, Phoenix $899,000 ▼

This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom u...

8 Beds
4 Baths
6988566 MLS

1712 S 3rd Street, Phoenix $683,990 ▼

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 ...

3 Beds
25 Baths
6987709 MLS

1425 E Roosevelt Street, Phoenix $719,000 ▼

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 compre...

6 Beds
4 Baths
6986269 MLS

1950 E Yale Street, Phoenix $815,000 ▼

Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are curr...

10 Beds
4 Baths
6984600 MLS

610 E San Juan Avenue, Phoenix $895,000 ▲

Well-located duplex in Phoenix's Central Corridor offering a versatile residential and investment opportunity. The property features two separate residences consisting of...

5 Beds
3 Baths
6974438 MLS

2245 N 28th Street, Phoenix $850,000 ▼

PRICE REDUCED! SELLERR WILLING TO LOOK AT ALL REASONABLE OFFERS. Great Investment opportunity! All units fully occupied. This well maintained 4 Plex is in a highly desi...

6 Beds
4 Baths
6972460 MLS

4020 S 15th Street, Phoenix $785,000 ▼

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 h...

10 Beds
10 Baths
6972364 MLS

1333 W Taylor Street, Phoenix $643,000 ▼

Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoe...

5 Beds
4 Baths
6972312 MLS

3048 E Beck Lane, Phoenix $900,000

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-st...

16 Beds
8 Baths
6969983 MLS

3044 E Beck Lane, Phoenix $900,000

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3044 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-st...

16 Beds
8 Baths
6969979 MLS

1747 E Virginia Avenue, Phoenix $865,000 ▼

**Now offering seller financing** 4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, the property features 100% 2-bedroom, 1 bath units, all of which h...

8 Beds
4 Baths
6969126 MLS

4838 E Willetta Street, Phoenix $549,900 ▼

Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two reno...

4 Beds
3 Baths
6956843 MLS

4832 E Willetta Street, Phoenix $569,900 ▼

Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two reno...

4 Beds
1 Baths
6956807 MLS

822 E Carol Avenue, Phoenix $749,000 ▼

Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-ti...

5 Beds
4 Baths
6952059 MLS

7549 N 21st Avenue, Phoenix $780,000 ▼

Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath u...

8 Beds
4 Baths
6951436 MLS

1322 W North Lane, Phoenix $549,000 ▲

Cash Cow Duplex, UPDATED, 2 BR, 1 BA Units. Updates include Kitchens and Baths, Central AC's! Sharp looking freshly painted exterior.Tenants Pay Utilities and handle la...

4 Beds
2 Baths
6951102 MLS

807 E Cocopah Street, Phoenix $375,000 ▼

this is a listing is owner/agent

2 Beds
2 Baths
6938374 MLS

316 E Vogel Avenue, Phoenix $845,000 ▼

100% occupied - immediate income from all three residences Three-unit property - two three-bedroom units plus one casita $4,995 in total scheduled monthly income $19,2...

7 Beds
404 Baths
6935184 MLS

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