Phoenix MULTIfamily Search
All Phoenix Multifamily Homes for Sale (5+ 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 multifamily properties 5 units and larger 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.
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!
Contact us today to find out how we can be of assistance to you!
Adams Street Apartments is a 16-unit apartment community offering immediate value-add potential. Originally configured as 17 units, the property includes a storage room ...
- 22 Beds
- 16 Baths
- 7098707 MLS
Sierra Vistas Apartments is a 24-unit community offering a rare value-add opportunity in one of North Central Phoenix's most desirable and supply-constrained rental marke...
- 38 Beds
- 38 Baths
- 7098169 MLS
Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportu...
- 7095968 MLS
A 14-unit apartment community in one of Phoenix's most accessible central locations. Every unit is a two-bedroom one-bath residence, and 12 units have been remodeled rece...
- 28 Beds
- 14 Baths
- 7095112 MLS
Exceptional Investment Opportunity in a Prime Phoenix Location! Papago View Apartments is a 20 Unit Complex consisting of 5 buildings with 4 units each. Built in 1964 wit...
- 25 Beds
- 20 Baths
- 7094624 MLS
Built in 1953 and renovated in 2023, this 6-unit garden-style property features six 1-bedroom / 1-bathroom units with modern interior finishes throughout. Each unit has b...
- 6 Beds
- 6 Baths
- 7092931 MLS
1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through...
- 22 Beds
- 11 Baths
- 7092695 MLS
Melrose Flats is a 12-unit garden-style multifamily property built in 1956 with durable block construction, featuring a unit mix of (10) 1-bedroom / 1-bathroom units and ...
- 14 Beds
- 14 Baths
- 7090003 MLS
Hatcher Heights is a 24-unit, three-story garden-style apartment community in North Phoenix's Sunnyslope area, across from HonorHealth John C. Lincoln Medical Center and ...
- 36 Beds
- 24 Baths
- 7086417 MLS
Downtown Phoenix 16-Unit Multifamily Complex consisting of nine buildings across six contiguous lots totaling approximately 36,400 SF. The property is R-3 zoned and featu...
- 16 Beds
- 16 Baths
- 7085334 MLS
Interior improvements include upgraded flooring, cabinetry, doors, windows, countertops, and in-unit washers and dryers, creating a modernized living environment througho...
- 24 Beds
- 24 Baths
- 7083167 MLS
TUCKEY 6 at 1702 W Tuckey Ln, Phoenix is a 6-unit value-add condo package in North Central Phoenix. Built in 1968 with classic mid-century block construction, this asset ...
- 11 Beds
- 6 Baths
- 7082385 MLS
5 unit multi family property w/ possibility for 6th unit. All units are detached1Bed/1Bath Apt at 32nd St and Thomas! Apt inc living room, kitchen, 1 bed, 1 bath, tile/vi...
- 5 Beds
- 7081367 MLS
Prime downtown Phoenix multifamily opportunity just steps from the vibrant Roosevelt Row Arts District. This property offers unbeatable walkability to restaurants, local ...
- 8 Beds
- 8 Baths
- 7078296 MLS
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor pla...
- 11 Beds
- 5 Baths
- 7075484 MLS
Welcome to The Chesterfield! Fully remodeled and separately metered, this 11-unit apartment complex in Central Phoenix offers a rare combination of flexibility, design, a...
- 12 Beds
- 11 Baths
- 7074851 MLS
RARE 7-UNIT INVESTMENT OPPORTUNITY in a fantastic central Phoenix location! What truly sets this property apart is its unique configuration--7 total units spread across S...
- 12 Beds
- 29 Baths
- 7072442 MLS
COLTER 9 at 810 E Colter St, Phoenix is a 9-unit value-add condo package in Uptown Phoenix. Built in 1962 with classic mid-century block construction, this asset provides...
- 16 Beds
- 14 Baths
- 7072364 MLS
Palm Square 24 is located at 15th and Camelback, in the heart of Phoenix, just a 1 mile+ to Uptown Plaza & the Melrose District. Addresses include 4819, 4815, & 4811. Ful...
- 32 Beds
- 24 Baths
- 7072051 MLS
Investment Opportunity: Expansive multi-property unit on nearly an acre lot, featuring 8 units including 3 duplexes, 3 houses (one with attached studio), and 2 separate s...
- 23 Beds
- 12 Baths
- 7070673 MLS
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- 40 Beds
- 40 Baths
- 7069727 MLS
Exceptional multi-family investment opportunity in a high-demand Phoenix rental corridor! This offering includes two well-maintained 4-plex buildings for a total of 8 inc...
- 16 Beds
- 16 Baths
- 7067839 MLS
This is a good financial opportunity and a truly rare opportunity to own a unique and somewhat mysterious piece of Phoenix history. Situated on just over an acre, at one ...
- 7 Beds
- 7 Baths
- 7067304 MLS
The Heatherbrae 9 Portfolio is a prime, cash-flowing nine-unit multifamily property in Midtown Phoenix (85015). Featuring seven 2-bed/1-bath and two 1-bed/1-bath units ac...
- 16 Beds
- 9 Baths
- 7066520 MLS
Six on Heatherbrae is a high-demand, cash-flowing six-unit multifamily property in Midtown Phoenix (85015). Featuring two detached single-story triplexes with large 2-bed...
- 12 Beds
- 6 Baths
- 7066303 MLS
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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