Real Estate Investment Properties for Sale in Phoenix, AZ

Looking for investment property in Phoenix, AZ with high ROI ?

Explore a variety of short-term homes & houses in Phoenix, AZ. Invest wisely with VRBO & Phoenix, AZ 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 Phoenix, AZ

Search for Multi Family for Sale in Phoenix, 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 185 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
17444 N 32nd St Phoenix, AZ Campo Bello Apartments is a newly constructed (2022), Class A 12-unit multifamily communit...	30 beds \| N/A baths \| N/A	$4,380,000	Airbnb cash on cash: -1.27% Traditional cash on cash: -0.8% Airbnb Rental Income: $1019 Traditional Rental Income: $2552 Airbnb ROI: -1.27% Traditional ROI: -0.8%
24 W Fulton St Phoenix, AZ Tri-Plex in Phoenix with three rented units! There are two one bedroom one bathroomn units...	4 beds \| N/A baths \| N/A	$495,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 4.56% Airbnb Rental Income: $1156 Traditional Rental Income: $2736 Airbnb ROI: 0.32% Traditional ROI: 4.56%
3849 N 23rd Dr Phoenix, AZ Great investment opportunity with this value add 4 plex consisting of 2 separate buildings...	8 beds \| N/A baths \| N/A	$669,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.84% Airbnb Rental Income: $1472 Traditional Rental Income: $2673 Airbnb ROI: 0.22% Traditional ROI: 2.84%
3823 N 23rd Dr Phoenix, AZ SELLER FINANCING AVAILABLE! Words can't fully capture the value of this impeccably maintai...	8 beds \| N/A baths \| N/A	$699,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 0.55% Airbnb Rental Income: $1906 Traditional Rental Income: $1460 Airbnb ROI: 0.46% Traditional ROI: 0.55%
4201 E Almeria Rd #1 Phoenix, AZ Turnkey Furnished Phoenix Duplex \| Proven Income-Producing Investment \| No HOA Opportunity...	4 beds \| N/A baths \| N/A	$699,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 2.92% Airbnb Rental Income: $1335 Traditional Rental Income: $2755 Airbnb ROI: 0.11% Traditional ROI: 2.92%
2242 E Taylor St Phoenix, AZ Fantastic investment opportunity! Check out this wonderful property featuring 5 UNITS in P...	11 beds \| N/A baths \| 2,920 sq.ft.	$639,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.03% Airbnb Rental Income: $753 Traditional Rental Income: $1394 Airbnb ROI: -0.57% Traditional ROI: 1.03%
434 N 42nd St Phoenix, AZ Opportunity to own this stabilized fully occupied, cash flowing investment. Excellent loca...	4 beds \| N/A baths \| N/A	$550,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 3.82% Airbnb Rental Income: $753 Traditional Rental Income: $2642 Airbnb ROI: -0.47% Traditional ROI: 3.82%
2808 E LE Marche Ave Phoenix, AZ Well-maintained fourplex in Palomino Point/Greenway Manor featuring one 1-bedroom, two 2-b...	8 beds \| N/A baths \| N/A	$620,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 1.69% Airbnb Rental Income: $2163 Traditional Rental Income: $1779 Airbnb ROI: 1.4% Traditional ROI: 1.69%
1229 N 35th St Phoenix, AZ A 14-unit apartment community in one of Phoenix's most accessible central locations. Every...	28 beds \| N/A baths \| N/A	$3,100,000	Airbnb cash on cash: -0.3% Traditional cash on cash: -0.33% Airbnb Rental Income: $3291 Traditional Rental Income: $2484 Airbnb ROI: -0.3% Traditional ROI: -0.33%
2020 W Orangewood Ave Phoenix, AZ 2020 W Orangewood Ave, Phoenix, AZ 85021 \| Multi Family	28 beds \| N/A baths \| N/A	$3,895,000	Airbnb cash on cash: -1.39% Traditional cash on cash: -1.36% Airbnb Rental Income: $1472 Traditional Rental Income: $1174 Airbnb ROI: -1.39% Traditional ROI: -1.36%
2844 E Monte Cristo Ave Phoenix, AZ Solid investment or owner occupant fourplex in the heart of North Phoenix just minutes fro...	8 beds \| N/A baths \| 4,412 sq.ft.	$569,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.09% Airbnb Rental Income: $2457 Traditional Rental Income: $2928 Airbnb ROI: 2.09% Traditional ROI: 4.09%
9648 N 12th Ave Phoenix, AZ Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units,...	8 beds \| N/A baths \| N/A	$899,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.04% Airbnb Rental Income: $1912 Traditional Rental Income: $2115 Airbnb ROI: -0.72% Traditional ROI: 0.04%
9027 N 11th St Phoenix, AZ Located minutes from Downtown Phoenix, this well-maintained triplex in Phoenix, Arizona of...	6 beds \| N/A baths \| N/A	$599,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.11% Airbnb Rental Income: $899 Traditional Rental Income: $1469 Airbnb ROI: -0.51% Traditional ROI: 1.11%
2709 E Willetta St Phoenix, AZ Great Investment Property! This unique 4-PLEX has ONE 2 Bedroom/1 Bathroom Single Family ...	5 beds \| N/A baths \| N/A	$884,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.33% Airbnb Rental Income: $null Traditional Rental Income: $1276 Airbnb ROI: N/A Traditional ROI: 0.33%
322 N 11th Pl Phoenix, AZ RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6...	N/A beds \| N/A baths \| N/A	$745,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 1.56% Airbnb Rental Income: $1156 Traditional Rental Income: $2075 Airbnb ROI: -0.32% Traditional ROI: 1.56%
1802 N 26th Pl Phoenix, AZ	22 beds \| N/A baths \| 1,100 sq.ft.	$1,849,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.28% Airbnb Rental Income: $1156 Traditional Rental Income: $2608 Airbnb ROI: -0.78% Traditional ROI: 0.28%
2616 W Pierson St Phoenix, AZ THE DETACHED HOME IS A 3BD/2BTH, 1500 SQ FT HOME THAT HAS BEEN RECENTLY REMODELED, INCLUDI...	7 beds \| N/A baths \| 1,500 sq.ft.	$669,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.34% Airbnb Rental Income: $1472 Traditional Rental Income: $2322 Airbnb ROI: 0.26% Traditional ROI: 2.34%
1132 W North Ln Phoenix, AZ There are three Units, each are two bedrooms and One Bath, with all being the same size. ...	6 beds \| N/A baths \| N/A	$549,999	Airbnb cash on cash: -0.25% Traditional cash on cash: 1.15% Airbnb Rental Income: $899 Traditional Rental Income: $1292 Airbnb ROI: -0.25% Traditional ROI: 1.15%
215 N 12th Ave Phoenix, AZ Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportun...	6 beds \| N/A baths \| N/A	$625,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.92% Airbnb Rental Income: $811 Traditional Rental Income: $1529 Airbnb ROI: -0.87% Traditional ROI: 0.92%
1802 W Sherman St Phoenix, AZ Investor Special! This duplex offers 4 bedrooms, 2 bathrooms, and a 2 car garage, convenie...	8 beds \| N/A baths \| N/A	$567,500	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.56% Airbnb Rental Income: $741 Traditional Rental Income: $1594 Airbnb ROI: -0.64% Traditional ROI: 1.56%
1438 E Adams St Phoenix, AZ 1438 E Adams St, Phoenix, AZ 85034 \| Multi Family	4 beds \| N/A baths \| N/A	$999,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.51% Airbnb Rental Income: $811 Traditional Rental Income: $3037 Airbnb ROI: -1.23% Traditional ROI: 1.51%
1022 S Montezuma Ave Phoenix, AZ This remodeled duplex is fully rented with a 2 bedroom 1 bath and 1 bedroom 1 bath unit. T...	3 beds \| N/A baths \| N/A	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.91% Airbnb Rental Income: $null Traditional Rental Income: $1199 Airbnb ROI: N/A Traditional ROI: 0.91%
3520 W Dunlap Ave #109 Phoenix, AZ 3520 W DUNLAP Ave #109, Phoenix, AZ 85051 \| Condo/Coop	12 beds \| N/A baths \| 1,108 sq.ft.	$800,000	Airbnb cash on cash: 0.1% Traditional cash on cash: -0.34% Airbnb Rental Income: $1912 Traditional Rental Income: $1070 Airbnb ROI: 0.1% Traditional ROI: -0.34%
5035 N 23rd Ave Phoenix, AZ Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CA...	11 beds \| N/A baths \| N/A	$1,699,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.1% Airbnb Rental Income: $1332 Traditional Rental Income: $2087 Airbnb ROI: -0.84% Traditional ROI: -0.1%
1515 W Tonto St Phoenix, AZ Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Pho...	N/A beds \| N/A baths \| N/A	$619,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $2757 Airbnb ROI: N/A Traditional ROI: 3.44%
1447 E Mountain View Rd Phoenix, AZ Experience the perfect blend of comfort and convenience in this fabulous single-story dupl...	2 beds \| N/A baths \| N/A	$445,000	Airbnb cash on cash: 6.46% Traditional cash on cash: 2.91% Airbnb Rental Income: $4133 Traditional Rental Income: $1775 Airbnb ROI: 6.46% Traditional ROI: 2.91%
1809 N 42nd St Phoenix, AZ 1809 N 42ND St, Phoenix, AZ 85008 \| Multi Family	4 beds \| N/A baths \| 3,162 sq.ft.	$649,000	Airbnb cash on cash: 5.96% Traditional cash on cash: 1.85% Airbnb Rental Income: $5873 Traditional Rental Income: $2219 Airbnb ROI: 5.96% Traditional ROI: 1.85%
746 W Coolidge St Phoenix, AZ Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. Close ...	9 beds \| N/A baths \| N/A	$899,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 0.55% Airbnb Rental Income: $1906 Traditional Rental Income: $1701 Airbnb ROI: 0.22% Traditional ROI: 0.55%
316 E Vogel Ave Phoenix, AZ This property consists of 3 detached units which are on the same lotÂ All will be sold to...	7 beds \| N/A baths \| 3,301 sq.ft.	$845,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 1.21% Airbnb Rental Income: $899 Traditional Rental Income: $2350 Airbnb ROI: -1.06% Traditional ROI: 1.21%
3753 E Polk St Phoenix, AZ Great opportunity! Embrace the perfect blend of modern style and everyday comfort in this ...	6 beds \| N/A baths \| N/A	$639,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.67% Airbnb Rental Income: $741 Traditional Rental Income: $2615 Airbnb ROI: -0.99% Traditional ROI: 2.67%
1801 N 25th Pl Phoenix, AZ 1801 N 25th Pl, Phoenix, AZ 85008 \| Multi Family	12 beds \| N/A baths \| 5,550 sq.ft.	$1,500,000	Airbnb cash on cash: -1.41% Traditional cash on cash: -1.06% Airbnb Rental Income: $741 Traditional Rental Income: $919 Airbnb ROI: -1.41% Traditional ROI: -1.06%
2236 N 28th Pl Phoenix, AZ Renovated, fully occupied duplex in a convenient Central Phoenix location offering immedia...	4 beds \| N/A baths \| N/A	$580,000	Airbnb cash on cash: 7.38% Traditional cash on cash: 0.83% Airbnb Rental Income: $5873 Traditional Rental Income: $1157 Airbnb ROI: 7.38% Traditional ROI: 0.83%
1459 E Taylor St Phoenix, AZ Recently updated triplex in the heart of Downtown Phoenix, offering three separate 2-bedro...	6 beds \| N/A baths \| N/A	$590,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.61% Airbnb Rental Income: $null Traditional Rental Income: $2193 Airbnb ROI: N/A Traditional ROI: 2.61%
1425 E Roosevelt St Phoenix, AZ 1425 E Roosevelt St, Phoenix, AZ 85006 \| Multi Family	6 beds \| N/A baths \| N/A	$719,000	Airbnb cash on cash: -0.64% Traditional cash on cash: -0.26% Airbnb Rental Income: $1156 Traditional Rental Income: $1027 Airbnb ROI: -0.64% Traditional ROI: -0.26%
954 W Mohave St Phoenix, AZ 954 W Mohave St, Phoenix, AZ 85007 \| Multi Family	8 beds \| N/A baths \| N/A	$195,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.84% Airbnb Rental Income: $741 Traditional Rental Income: $1110 Airbnb ROI: 0.16% Traditional ROI: 3.84%
2601 E Paradise Ln Phoenix, AZ Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving N...	N/A beds \| N/A baths \| N/A	$499,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 0.75% Airbnb Rental Income: $799 Traditional Rental Income: $1103 Airbnb ROI: -0.6% Traditional ROI: 0.75%
2238 E Taylor St Phoenix, AZ East Taylor is a 10-unit, garden-style multifamily community located in the urban core of ...	10 beds \| N/A baths \| N/A	$1,385,000	Airbnb cash on cash: -1% Traditional cash on cash: -0.49% Airbnb Rental Income: $741 Traditional Rental Income: $1090 Airbnb ROI: -1% Traditional ROI: -0.49%
1101 E Roosevelt St Phoenix, AZ PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated trip...	7 beds \| N/A baths \| N/A	$749,999	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.99% Airbnb Rental Income: $741 Traditional Rental Income: $1609 Airbnb ROI: -0.69% Traditional ROI: 0.99%
4838 E Willetta St Phoenix, AZ Discover a fully updated triplex in a prime Phoenix location-an exceptional investment opp...	4 beds \| N/A baths \| N/A	$549,900	Airbnb cash on cash: 7.81% Traditional cash on cash: 0.75% Airbnb Rental Income: $5873 Traditional Rental Income: $1075 Airbnb ROI: 7.81% Traditional ROI: 0.75%
1338 E Fillmore St Phoenix, AZ 1338 E Fillmore St, Phoenix, AZ 85006 \| Multi Family	7 beds \| N/A baths \| 2,348 sq.ft.	$990,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.38% Airbnb Rental Income: $null Traditional Rental Income: $1269 Airbnb ROI: N/A Traditional ROI: -0.38%

Your search for investment property begins and ends here

Multi Family for Sale in Phoenix, AZ

17444 N 32nd St

Phoenix, AZ

30 beds | N/A baths | N/A

$4,380,000

Airbnb cash on cash: -1.27%

Traditional cash on cash: -0.8%

Airbnb Rental Income: $1019

Traditional Rental Income: $2552

Airbnb ROI: -1.27%

Traditional ROI: -0.8%

24 W Fulton St

Phoenix, AZ

4 beds | N/A baths | N/A

$495,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1156

Traditional Rental Income: $2736

Airbnb ROI: 0.32%

Traditional ROI: 4.56%

3849 N 23rd Dr

Phoenix, AZ

8 beds | N/A baths | N/A

$669,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $1472

Traditional Rental Income: $2673

Airbnb ROI: 0.22%

Traditional ROI: 2.84%

3823 N 23rd Dr

Phoenix, AZ

8 beds | N/A baths | N/A

$699,900

Airbnb cash on cash: 0.46%

Traditional cash on cash: 0.55%

Airbnb Rental Income: $1906

Traditional Rental Income: $1460

Airbnb ROI: 0.46%

Traditional ROI: 0.55%

4201 E Almeria Rd #1

Phoenix, AZ

4 beds | N/A baths | N/A

$699,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 2.92%

Airbnb Rental Income: $1335

Traditional Rental Income: $2755

Airbnb ROI: 0.11%

Traditional ROI: 2.92%

2242 E Taylor St

Phoenix, AZ

11 beds | N/A baths | 2,920 sq.ft.

$639,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 1.03%

Airbnb Rental Income: $753

Traditional Rental Income: $1394

Airbnb ROI: -0.57%

Traditional ROI: 1.03%

434 N 42nd St

Phoenix, AZ

4 beds | N/A baths | N/A

$550,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 3.82%

Airbnb Rental Income: $753

Traditional Rental Income: $2642

Airbnb ROI: -0.47%

Traditional ROI: 3.82%

2808 E LE Marche Ave

Phoenix, AZ

8 beds | N/A baths | N/A

$620,000

Airbnb cash on cash: 1.4%

Traditional cash on cash: 1.69%

Airbnb Rental Income: $2163

Traditional Rental Income: $1779

Airbnb ROI: 1.4%