Real Estate Investment Properties for Sale in Arizona

Looking for investment property in Arizona with high ROI ?

Explore a variety of short-term homes & houses in Arizona. Invest wisely with VRBO & Arizona Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Arizona

Search for Multi Family for Sale in Arizona. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 230 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
131-135 8th Ave Page, AZ Great investment property. Immediate income stream. Building has newer windows and roof a...	7 beds \| 3 baths \| 2,675 sq.ft.	$465,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.82% Airbnb Rental Income: $null Traditional Rental Income: $1918 Airbnb ROI: N/A Traditional ROI: 2.82%
117 W 10TH Street Tempe, AZ Rare Investment Opportunity in Prime Tempe Location! Don't miss this incredible chance to ...	8 beds \| 5 baths \| 4,000 sq.ft.	$2,595,000	Airbnb cash on cash: -0.73% Traditional cash on cash: -0.09% Airbnb Rental Income: $1877 Traditional Rental Income: $2904 Airbnb ROI: -0.73% Traditional ROI: -0.09%
300 N Broad St Globe, AZ Unlock a rare opportunity to own a landmark building, formally known as the Butler Buildin...	3 beds \| N/A baths \| 1,700 sq.ft.	$689,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.82% Airbnb Rental Income: $1645 Traditional Rental Income: $2091 Airbnb ROI: 0.41% Traditional ROI: 1.82%
2039 W PASADENA Avenue Phoenix, AZ Well maintained duplex with (1) 1 bedroom 1 bath and (1) 2 bedroom 1 bath. Great rental ar...	3 beds \| 2 baths \| 1,270 sq.ft.	$488,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 3.13% Airbnb Rental Income: $2747 Traditional Rental Income: $2068 Airbnb ROI: 3.2% Traditional ROI: 3.13%
604 S Bowie Avenue Willcox, AZ Newly remodeled Duplex. This property has been updated and is ready to start generating yo...	N/A beds \| N/A baths \| 1,113 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $1134 Airbnb ROI: N/A Traditional ROI: 4.46%
658 W Gurley Street Prescott, AZ Great rental opportunity! Live in the main house rent the apartments or vice versa. Busine...	7 beds \| 5 baths \| 3,694 sq.ft.	$849,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 0.71% Airbnb Rental Income: $2040 Traditional Rental Income: $1600 Airbnb ROI: 0.59% Traditional ROI: 0.71%
624 E Roosevelt Avenue Buckeye, AZ Thinking of buying a multi-family dwelling? Here's your chance! This charming 4-plex is id...	5 beds \| 5 baths \| 2,100 sq.ft.	$650,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 3.48% Airbnb Rental Income: $2886 Traditional Rental Income: $2892 Airbnb ROI: 2.37% Traditional ROI: 3.48%
2704 E Southgate Ave Phoenix, AZ	6 beds \| N/A baths \| 2,400 sq.ft.	$620,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.54% Airbnb Rental Income: $1140 Traditional Rental Income: $1691 Airbnb ROI: -0.06% Traditional ROI: 1.54%
453 W UNIVERSITY Drive MESA, AZ FULLY OCCUPIED and Individually Metered Updated Duplex Investment Opportunity. White Shake...	3 beds \| 2 baths \| 1,484 sq.ft.	$460,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.32% Airbnb Rental Income: $1032 Traditional Rental Income: $2024 Airbnb ROI: 0.17% Traditional ROI: 3.32%
322 N 11TH Place Phoenix, AZ Comprehensively RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zonin...	2 beds \| 4 baths \| 2,211 sq.ft.	$847,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 1.38% Airbnb Rental Income: $1140 Traditional Rental Income: $2075 Airbnb ROI: -0.28% Traditional ROI: 1.38%
1714 N 32nd St Phoenix, AZ	7 beds \| N/A baths \| 3,300 sq.ft.	$845,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 1.17% Airbnb Rental Income: $2866 Traditional Rental Income: $2066 Airbnb ROI: 1.33% Traditional ROI: 1.17%
6802 E PINCHOT Avenue Scottsdale, AZ Located in the heart of Old Town Scottsdale, this fully leased four-plex offers an unbeata...	6 beds \| 4 baths \| 2,594 sq.ft.	$1,125,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 3.81% Airbnb Rental Income: $3379 Traditional Rental Income: $5259 Airbnb ROI: 1.3% Traditional ROI: 3.81%
2837 E Marconi Ave Phoenix, AZ 2837 E MARCONI Ave, Phoenix, AZ 85032 \| Multi Family	8 beds \| N/A baths \| N/A	$659,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 1.38% Airbnb Rental Income: $2520 Traditional Rental Income: $1961 Airbnb ROI: 1.3% Traditional ROI: 1.38%
1802 W SHERMAN Street Phoenix, AZ Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, convenie...	8 beds \| 2 baths \| 2,688 sq.ft.	$600,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.44% Airbnb Rental Income: $665 Traditional Rental Income: $1594 Airbnb ROI: -0.76% Traditional ROI: 1.44%
2236 E Roosevelt Street Phoenix, AZ Amazing duplex, perfectly suited for investors seeking a turnkey property in a prime locat...	3 beds \| 2 baths \| 1,298 sq.ft.	$450,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.67% Airbnb Rental Income: $2145 Traditional Rental Income: $2172 Airbnb ROI: 2.31% Traditional ROI: 3.67%
756 W Stephenson Street Nogales, AZ Great Starter Triplex for New Investors! This property is a solid entry-level triplex per...	5 beds \| 3 baths \| 1,562 sq.ft.	$230,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 7.18% Airbnb Rental Income: $1324 Traditional Rental Income: $1941 Airbnb ROI: 2.46% Traditional ROI: 7.18%
734 E ALTA VISTA Road Phoenix, AZ An incredible investment opportunity with rare flexibility and strong income potential (th...	12 beds \| 9 baths \| 14,465 sq.ft.	$700,000	Airbnb cash on cash: 0.47% Traditional cash on cash: -0.41% Airbnb Rental Income: $1949 Traditional Rental Income: $859 Airbnb ROI: 0.47% Traditional ROI: -0.41%
2019 W Turney Ave Phoenix, AZ 2019 W Turney Ave, Phoenix, AZ 85015 \| Multi Family	4 beds \| N/A baths \| 2,348 sq.ft.	$699,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 0.38% Airbnb Rental Income: $2747 Traditional Rental Income: $1417 Airbnb ROI: 1.42% Traditional ROI: 0.38%
2421 W Glenrosa Ave Phoenix, AZ 2421 W Glenrosa Ave, Phoenix, AZ 85015 \| Multi Family	N/A beds \| N/A baths \| 3,275 sq.ft.	$950,000	Airbnb cash on cash: -1.17% Traditional cash on cash: -0.43% Airbnb Rental Income: $850 Traditional Rental Income: $1174 Airbnb ROI: -1.17% Traditional ROI: -0.43%
4034 E Moreland St Phoenix, AZ 4034 E Moreland St, Phoenix, AZ 85008 \| Multi Family	8 beds \| N/A baths \| 3,120 sq.ft.	$1,190,000	Airbnb cash on cash: 1.93% Traditional cash on cash: -0.31% Airbnb Rental Income: $5101 Traditional Rental Income: $1577 Airbnb ROI: 1.93% Traditional ROI: -0.31%
1402 E Dana Avenue MESA, AZ Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa...	18 beds \| 8 baths \| 6,500 sq.ft.	$1,999,000	Airbnb cash on cash: 0.87% Traditional cash on cash: -0.54% Airbnb Rental Income: $4830 Traditional Rental Income: $1215 Airbnb ROI: 0.87% Traditional ROI: -0.54%
1421 E Roosevelt St Phoenix, AZ 1421 E Roosevelt St, Phoenix, AZ 85006 \| Multi Family	N/A beds \| N/A baths \| 4,880 sq.ft.	$1,685,000	Airbnb cash on cash: -1.23% Traditional cash on cash: -1.06% Airbnb Rental Income: $1140 Traditional Rental Income: $1024 Airbnb ROI: -1.23% Traditional ROI: -1.06%
1330 W Fillmore St Phoenix, AZ 1330 W Fillmore St, Phoenix, AZ 85007 \| Multi Family	N/A beds \| N/A baths \| 2,000 sq.ft.	$719,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.81% Airbnb Rental Income: $1832 Traditional Rental Income: $2467 Airbnb ROI: 0.16% Traditional ROI: 1.81%
1002 N 27th Pl Phoenix, AZ 1002 N 27th Pl, Phoenix, AZ 85008 \| Multi Family	12 beds \| N/A baths \| 7,200 sq.ft.	$1,635,000	Airbnb cash on cash: -1.22% Traditional cash on cash: -0.47% Airbnb Rental Income: $1140 Traditional Rental Income: $1897 Airbnb ROI: -1.22% Traditional ROI: -0.47%
1224 S MAPLE Avenue Tempe, AZ Three separate detached units on the lot, LOCATION, LOCATION, LOCATION! Unique opportunity...	6 beds \| 5 baths \| 3,600 sq.ft.	$1,148,000	Airbnb cash on cash: -0.83% Traditional cash on cash: -0.51% Airbnb Rental Income: $1232 Traditional Rental Income: $1175 Airbnb ROI: -0.83% Traditional ROI: -0.51%
2903 E WIER Avenue Phoenix, AZ Fantastic investment opportunity! This well-maintained triplex features three spacious 2-b...	6 beds \| 3 baths \| 2,160 sq.ft.	$535,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 0.75% Airbnb Rental Income: $1949 Traditional Rental Income: $1041 Airbnb ROI: 1.54% Traditional ROI: 0.75%
610 N 27TH Avenue Phoenix, AZ	3 beds \| 2 baths \| 4,084 sq.ft.	$450,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 0.98% Airbnb Rental Income: $1832 Traditional Rental Income: $975 Airbnb ROI: 1.84% Traditional ROI: 0.98%
502 W 10TH Street Casa Grande, AZ Great investment opportunity. Completely renovated in 2025, this duplex blends modern comf...	5 beds \| 3 baths \| 1,800 sq.ft.	$399,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.62% Airbnb Rental Income: $1257 Traditional Rental Income: $1513 Airbnb ROI: 0.87% Traditional ROI: 2.62%
465 S Barlow St Colorado City, AZ Live in one unit and rent the other out! This is only $285k per 3 bedroom unit! New Remode...	6 beds \| N/A baths \| 2,634 sq.ft.	$529,800	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $1765 Airbnb ROI: N/A Traditional ROI: 2.28%
1338 E Fillmore St Phoenix, AZ 1338 E Fillmore St, Phoenix, AZ 85006 \| Multi Family	N/A beds \| N/A baths \| 2,348 sq.ft.	$975,000	Airbnb cash on cash: -1.36% Traditional cash on cash: -0.36% Airbnb Rental Income: $665 Traditional Rental Income: $1269 Airbnb ROI: -1.36% Traditional ROI: -0.36%
1302 W BECKER Lane Phoenix, AZ Introducing a Mid-Century Modern 9-unit apartment complex located in North Central Phoenix...	18 beds \| 1 baths \| 7,200 sq.ft.	$2,450,000	Airbnb cash on cash: -1.12% Traditional cash on cash: -0.68% Airbnb Rental Income: $420 Traditional Rental Income: $1157 Airbnb ROI: -1.12% Traditional ROI: -0.68%
139-143 8th Avenue Page, AZ Great Investment property. Immediate revenue stream. All 3 units have new windows. Unit #...	7 beds \| N/A baths \| 2,675 sq.ft.	$499,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.49% Airbnb Rental Income: $2024 Traditional Rental Income: $1907 Airbnb ROI: 1.62% Traditional ROI: 2.49%
2608 W Pierson St Phoenix, AZ 2608 W Pierson St, Phoenix, AZ 85017 \| Multi Family	4 beds \| N/A baths \| 2,300 sq.ft.	$799,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 0.78% Airbnb Rental Income: $2108 Traditional Rental Income: $1905 Airbnb ROI: 0.33% Traditional ROI: 0.78%
8916 N 11 St Phoenix, AZ 8916 N 11 St, Phoenix, AZ 85020 \| Multi Family	3 beds \| N/A baths \| 1,865 sq.ft.	$545,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 1.58% Airbnb Rental Income: $420 Traditional Rental Income: $1741 Airbnb ROI: -1.52% Traditional ROI: 1.58%
4832 E WILLETTA Street Phoenix, AZ Discover a fully updated triplex in a prime Phoenix location-an exceptional investment opp...	4 beds \| 3 baths \| 2,000 sq.ft.	$649,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 0.44% Airbnb Rental Income: $2866 Traditional Rental Income: $1053 Airbnb ROI: 2.34% Traditional ROI: 0.44%
2440 E Monroe St Phoenix, AZ 2440 E Monroe St, Phoenix, AZ 85034 \| Multi Family	N/A beds \| N/A baths \| 2,572 sq.ft.	$789,000	Airbnb cash on cash: -1.29% Traditional cash on cash: -0.13% Airbnb Rental Income: $665 Traditional Rental Income: $1218 Airbnb ROI: -1.29% Traditional ROI: -0.13%
1545 W Roosevelt St Phoenix, AZ 1545 W Roosevelt St, Phoenix, AZ 85007 \| Multi Family	3 beds \| N/A baths \| N/A	$1,615,000	Airbnb cash on cash: -1.09% Traditional cash on cash: -0.93% Airbnb Rental Income: $1363 Traditional Rental Income: $1179 Airbnb ROI: -1.09% Traditional ROI: -0.93%
2301 E HARVARD Street unit: 4 #4 Phoenix, AZ Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors-this Ce...	5 beds \| 2 baths \| N/A	$685,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 0.49% Airbnb Rental Income: $950 Traditional Rental Income: $1173 Airbnb ROI: -0.4% Traditional ROI: 0.49%
3804 E Monterey Way Phoenix, AZ 3804 E Monterey Way, Phoenix, AZ 85018 \| Multi Family	N/A beds \| N/A baths \| 27,375 sq.ft.	$9,250,000	Airbnb cash on cash: -1.55% Traditional cash on cash: -1.47% Airbnb Rental Income: $1450 Traditional Rental Income: $1641 Airbnb ROI: -1.55% Traditional ROI: -1.47%
4229 N 17th St Phoenix, AZ 4229 N 17th St, Phoenix, AZ 85016 \| Multi Family	N/A beds \| N/A baths \| 7,360 sq.ft.	$2,500,000	Airbnb cash on cash: -1.21% Traditional cash on cash: -1.19% Airbnb Rental Income: $1569 Traditional Rental Income: $1178 Airbnb ROI: -1.21% Traditional ROI: -1.19%

Your search for investment property begins and ends here

Multi Family for Sale in Arizona

131-135 8th Ave

Page, AZ

7 beds | 3 baths | 2,675 sq.ft.

$465,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.82%

Airbnb Rental Income: $null

Traditional Rental Income: $1918

Airbnb ROI: N/A

Traditional ROI: 2.82%

117 W 10TH Street

Tempe, AZ

8 beds | 5 baths | 4,000 sq.ft.

$2,595,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: -0.09%

Airbnb Rental Income: $1877

Traditional Rental Income: $2904

Airbnb ROI: -0.73%

Traditional ROI: -0.09%

300 N Broad St

Globe, AZ

3 beds | N/A baths | 1,700 sq.ft.

$689,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $1645

Traditional Rental Income: $2091

Airbnb ROI: 0.41%

Traditional ROI: 1.82%

2039 W PASADENA Avenue

Phoenix, AZ

3 beds | 2 baths | 1,270 sq.ft.

$488,000

Airbnb cash on cash: 3.2%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $2747

Traditional Rental Income: $2068

Airbnb ROI: 3.2%

Traditional ROI: 3.13%

604 S Bowie Avenue

Willcox, AZ

N/A beds | N/A baths | 1,113 sq.ft.

$179,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.46%

Airbnb Rental Income: $null

Traditional Rental Income: $1134

Airbnb ROI: N/A

Traditional ROI: 4.46%

658 W Gurley Street

Prescott, AZ

7 beds | 5 baths | 3,694 sq.ft.

$849,000

Airbnb cash on cash: 0.59%

Traditional cash on cash: 0.71%

Airbnb Rental Income: $2040

Traditional Rental Income: $1600

Airbnb ROI: 0.59%

Traditional ROI: 0.71%

624 E Roosevelt Avenue

Buckeye, AZ

5 beds | 5 baths | 2,100 sq.ft.

$650,000

Airbnb cash on cash: 2.37%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $2886

Traditional Rental Income: $2892

Airbnb ROI: 2.37%

Traditional ROI: 3.48%

2704 E Southgate Ave

Phoenix, AZ

6 beds | N/A baths | 2,400 sq.ft.

$620,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 1.54%

Airbnb Rental Income: $1140

Traditional Rental Income: $1691

Airbnb ROI: -0.06%