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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2336 N 11th St Phoenix, AZ Coronado Historic District Tri-PLEX. The most desirable and affordable location with a sen...	8 beds \| N/A baths \| N/A	$824,995	Airbnb cash on cash: 0.16% Traditional cash on cash: 2.4% Airbnb Rental Income: $1569 Traditional Rental Income: $2839 Airbnb ROI: 0.16% Traditional ROI: 2.4%
17444 N 32nd St Phoenix, AZ Campo Bello Apartments is a newly constructed (2022), Class A 12-unit multifamily communit...	24 beds \| N/A baths \| 17,184 sq.ft.	$5,400,000	Airbnb cash on cash: -0.92% Traditional cash on cash: -0.84% Airbnb Rental Income: $2823 Traditional Rental Income: $2552 Airbnb ROI: -0.92% Traditional ROI: -0.84%
1341 E Polk St Phoenix, AZ FULLY LEASED NEW construction town-home project in the highly sought after Garfield Histor...	N/A beds \| N/A baths \| 6,010 sq.ft.	$1,930,000	Airbnb cash on cash: -0.2% Traditional cash on cash: -0.26% Airbnb Rental Income: $2145 Traditional Rental Income: $1487 Airbnb ROI: -0.2% Traditional ROI: -0.26%
331 N 13th Pl Phoenix, AZ Incredible opportunity to own an income producing home + duplex. The property at 331 N 13t...	N/A beds \| N/A baths \| 1,932 sq.ft.	$700,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 0.42% Airbnb Rental Income: $665 Traditional Rental Income: $1099 Airbnb ROI: -0.71% Traditional ROI: 0.42%
1923 E Yale St Phoenix, AZ Great cashflow property. This triplex consists of a stand alone 3bed 1 bath house in the ...	N/A beds \| N/A baths \| 2,201 sq.ft.	$585,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.77% Airbnb Rental Income: $1832 Traditional Rental Income: $2792 Airbnb ROI: 1.11% Traditional ROI: 3.77%
1802 W Vogel Ave Phoenix, AZ Beautifully updated 8-unit complex in a strong North Phoenix rental area. Each unit has be...	N/A beds \| N/A baths \| N/A	$1,174,900	Airbnb cash on cash: -1.03% Traditional cash on cash: -0.22% Airbnb Rental Income: $420 Traditional Rental Income: $1046 Airbnb ROI: -1.03% Traditional ROI: -0.22%
2808 E LE Marche Ave Phoenix, AZ 4-plex in Pamomino Point/ Greenway Manor with 1-1br, 2-2br, and 1-3br units. 3 units have ...	N/A beds \| N/A baths \| 3,650 sq.ft.	$675,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 1.47% Airbnb Rental Income: $2372 Traditional Rental Income: $1779 Airbnb ROI: 1.48% Traditional ROI: 1.47%
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.	$649,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 3.48% Airbnb Rental Income: $2424 Traditional Rental Income: $2928 Airbnb ROI: 1.67% Traditional ROI: 3.48%
3616 N 12th St Phoenix, AZ Welcome to an extraordinary investment prospect located near the Phoenix Country Club and ...	16 beds \| N/A baths \| 8,800 sq.ft.	$2,675,000	Airbnb cash on cash: -0.4% Traditional cash on cash: -0.46% Airbnb Rental Income: $2350 Traditional Rental Income: $1618 Airbnb ROI: -0.4% Traditional ROI: -0.46%
2505 N Richland St Phoenix, AZ OCCUPIED, DO NOT DISTURB TENANTS. This is a charming duplex located in the highly sought a...	N/A beds \| N/A baths \| 1,316 sq.ft.	$699,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 0.26% Airbnb Rental Income: $2350 Traditional Rental Income: $1088 Airbnb ROI: 1.31% Traditional ROI: 0.26%
3048 E Beck Ln Phoenix, AZ GREAT LOCATION! COME SEE THIS FOURPLEX. GREAT INVESTOR OPPORTUNITY. WALKING DISTANCE TO SC...	8 beds \| N/A baths \| 4,000 sq.ft.	$900,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.22% Airbnb Rental Income: $1830 Traditional Rental Income: $2923 Airbnb ROI: 0.33% Traditional ROI: 2.22%
3139 N 40th St Phoenix, AZ Rare investment opportunity in Arcadia Lite! Flexible 5-unit residential compound ideal fo...	N/A beds \| N/A baths \| N/A	$2,600,000	Airbnb cash on cash: -0.6% Traditional cash on cash: -0.5% Airbnb Rental Income: $1736 Traditional Rental Income: $1505 Airbnb ROI: -0.6% Traditional ROI: -0.5%
712 E Pierce St Phoenix, AZ Short Term Rental in a hip cool downtown location that is a solid profitable investment! N...	8 beds \| N/A baths \| 3,599 sq.ft.	$1,050,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 1.56% Airbnb Rental Income: $1178 Traditional Rental Income: $2746 Airbnb ROI: -0.44% Traditional ROI: 1.56%
322 N 11th Pl Phoenix, AZ Comprehensively RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zonin...	N/A beds \| N/A baths \| N/A	$780,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.4% Airbnb Rental Income: $665 Traditional Rental Income: $2075 Airbnb ROI: -0.91% Traditional ROI: 1.4%
1106 S Montezuma Ave Phoenix, AZ Fabulous new construction duplex. Separate 2 car garages Beautifully design quartz counter...	4 beds \| N/A baths \| 1,100 sq.ft.	$600,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.76% Airbnb Rental Income: $665 Traditional Rental Income: $1681 Airbnb ROI: -0.59% Traditional ROI: 1.76%
1802 W Sherman St Phoenix, AZ Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, convenie...	N/A beds \| N/A 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%
1515 W Tonto St Phoenix, AZ Fully RENOVATED 3-UNIT Turnkey Short-Term Rental in Central Phoenix! Cap rate 10%+, averag...	N/A beds \| N/A baths \| N/A	$619,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 3.38% Airbnb Rental Income: $665 Traditional Rental Income: $2757 Airbnb ROI: -0.69% Traditional ROI: 3.38%
813 E Marlette Ave Phoenix, AZ	19 beds \| N/A baths \| 12,861 sq.ft.	$5,498,000	Airbnb cash on cash: -0.89% Traditional cash on cash: -0.85% Airbnb Rental Income: $1949 Traditional Rental Income: $1649 Airbnb ROI: -0.89% Traditional ROI: -0.85%
316 E Vogel Ave Phoenix, AZ This property consists of 3 detached units which are on the same lotÂ All will be sold to...	6 beds \| N/A baths \| 3,301 sq.ft.	$875,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 1.11% Airbnb Rental Income: $1747 Traditional Rental Income: $2350 Airbnb ROI: -0.21% Traditional ROI: 1.11%
1333 W Taylor St Phoenix, AZ 1333 W Taylor St, Phoenix, AZ 85007 \| Multi Family	N/A beds \| N/A baths \| 2,053 sq.ft.	$644,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 0.23% Airbnb Rental Income: $1363 Traditional Rental Income: $1234 Airbnb ROI: -0.25% Traditional ROI: 0.23%
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%
4525 N 40th St Phoenix, AZ 8 brand new high end condos in the coveted Arcadia area known for great office, retail and...	N/A beds \| N/A baths \| N/A	$11,600,000	Airbnb cash on cash: -1.27% Traditional cash on cash: -1.17% Airbnb Rental Income: $1736 Traditional Rental Income: $2260 Airbnb ROI: -1.27% Traditional ROI: -1.17%
2334 W Morten Ave Phoenix, AZ *GROSS CAP RATE 9.19%*3 Units, Garden-Style Property, Built in 1934 & Renovated in 202...	N/A beds \| N/A baths \| 2,150 sq.ft.	$539,600	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.07% Airbnb Rental Income: $1438 Traditional Rental Income: $2279 Airbnb ROI: 0.64% Traditional ROI: 3.07%
2957 E Atlanta Ave Phoenix, AZ Excellent investment opportunity in the heart of Phoenix! This well-maintained triplex fea...	N/A beds \| N/A baths \| 2,127 sq.ft.	$559,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 0.95% Airbnb Rental Income: $749 Traditional Rental Income: $1184 Airbnb ROI: -0.49% Traditional ROI: 0.95%
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.	$689,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.98% Airbnb Rental Income: $1832 Traditional Rental Income: $2467 Airbnb ROI: 0.25% Traditional ROI: 1.98%
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: -1.19% Traditional cash on cash: -0.47% Airbnb Rental Income: $1178 Traditional Rental Income: $1897 Airbnb ROI: -1.19% Traditional ROI: -0.47%
2903 E Wier Ave Phoenix, AZ Fantastic investment opportunity! This well-maintained triplex features three spacious 2-b...	6 beds \| N/A baths \| N/A	$531,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 0.76% Airbnb Rental Income: $1949 Traditional Rental Income: $1041 Airbnb ROI: 1.56% Traditional ROI: 0.76%
610 N 27th Ave Phoenix, AZ	3 beds \| N/A baths \| 657 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%
2002 W Jefferson St Phoenix, AZ Downtown Phoenix 7-Units. Value-add opportunity. Offered at $114,000 per unit. Tenants are...	6 beds \| N/A baths \| N/A	$799,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 0.02% Airbnb Rental Income: $3097 Traditional Rental Income: $934 Airbnb ROI: 1.98% Traditional ROI: 0.02%
1713 N 31st Pl Phoenix, AZ 1713 N 31st Pl, Phoenix, AZ 85008 \| Multi Family	N/A beds \| N/A baths \| 2,502 sq.ft.	$995,000	Airbnb cash on cash: -0.54% Traditional cash on cash: -0.45% Airbnb Rental Income: $1704 Traditional Rental Income: $1319 Airbnb ROI: -0.54% Traditional ROI: -0.45%
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 \| 2,000 sq.ft.	$614,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 0.48% Airbnb Rental Income: $2866 Traditional Rental Income: $1075 Airbnb ROI: 2.34% Traditional ROI: 0.48%
2608 W Pierson St Phoenix, AZ 2608 W Pierson St, Phoenix, AZ 85017 \| Multi Family	N/A beds \| N/A baths \| 2,300 sq.ft.	$799,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 0.78% Airbnb Rental Income: $2108 Traditional Rental Income: $1905 Airbnb ROI: 0.32% 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: 0.15% Traditional cash on cash: 1.58% Airbnb Rental Income: $1445 Traditional Rental Income: $1741 Airbnb ROI: 0.15% Traditional ROI: 1.58%
2343 E Earll Dr Phoenix, AZ 2343 E Earll Dr, Phoenix, AZ 85016 \| Multi Family	4 beds \| N/A baths \| N/A	$820,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 1.32% Airbnb Rental Income: $1832 Traditional Rental Income: $2363 Airbnb ROI: -0.03% Traditional ROI: 1.32%
4832 E Willetta St Phoenix, AZ Discover a fully updated triplex in a prime Phoenix location-an exceptional investment opp...	4 beds \| N/A baths \| 2,000 sq.ft.	$614,900	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%
1618 E Wood St Phoenix, AZ Both buildings demoed down to studs. Permits in the process. Current buildings can be turn...	N/A beds \| N/A baths \| N/A	$500,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 2.07% Airbnb Rental Income: $665 Traditional Rental Income: $2006 Airbnb ROI: -1.44% Traditional ROI: 2.07%
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.	$699,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 0.32% Airbnb Rental Income: $665 Traditional Rental Income: $1218 Airbnb ROI: -1.18% Traditional ROI: 0.32%
10014 N 18th Ave Phoenix, AZ Updated Duplex with Mountain Views & Solid Investment Potential. Discover this beautifully...	N/A beds \| N/A baths \| N/A	$548,900	Airbnb cash on cash: -1.02% Traditional cash on cash: 0.91% Airbnb Rental Income: $420 Traditional Rental Income: $1153 Airbnb ROI: -1.02% Traditional ROI: 0.91%
329 N 17th Dr Phoenix, AZ Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. U...	N/A beds \| N/A baths \| N/A	$510,500	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.12% Airbnb Rental Income: $950 Traditional Rental Income: $1179 Airbnb ROI: -0.06% Traditional ROI: 1.12%
2014 W Berridge Ln Phoenix, AZ Introducing Signature 18, a gated community in the heart of Phoenix, offering a 6.23% prof...	6 beds \| N/A baths \| N/A	$4,770,000	Airbnb cash on cash: -0.57% Traditional cash on cash: -0.77% Airbnb Rental Income: $3407 Traditional Rental Income: $1785 Airbnb ROI: -0.57% Traditional ROI: -0.77%

Your search for investment property begins and ends here

Multi Family for Sale in Phoenix, AZ

2336 N 11th St

Phoenix, AZ

8 beds | N/A baths | N/A

$824,995

Airbnb cash on cash: 0.16%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $1569

Traditional Rental Income: $2839

Airbnb ROI: 0.16%

Traditional ROI: 2.4%

17444 N 32nd St

Phoenix, AZ

24 beds | N/A baths | 17,184 sq.ft.

$5,400,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: -0.84%

Airbnb Rental Income: $2823

Traditional Rental Income: $2552

Airbnb ROI: -0.92%

Traditional ROI: -0.84%

1341 E Polk St

Phoenix, AZ

N/A beds | N/A baths | 6,010 sq.ft.

$1,930,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: -0.26%

Airbnb Rental Income: $2145

Traditional Rental Income: $1487

Airbnb ROI: -0.2%

Traditional ROI: -0.26%

331 N 13th Pl

Phoenix, AZ

N/A beds | N/A baths | 1,932 sq.ft.

$700,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 0.42%

Airbnb Rental Income: $665

Traditional Rental Income: $1099

Airbnb ROI: -0.71%

Traditional ROI: 0.42%

1923 E Yale St

Phoenix, AZ

N/A beds | N/A baths | 2,201 sq.ft.

$585,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1832

Traditional Rental Income: $2792

Airbnb ROI: 1.11%

Traditional ROI: 3.77%

1802 W Vogel Ave

Phoenix, AZ

N/A beds | N/A baths | N/A

$1,174,900

Airbnb cash on cash: -1.03%

Traditional cash on cash: -0.22%

Airbnb Rental Income: $420

Traditional Rental Income: $1046

Airbnb ROI: -1.03%

Traditional ROI: -0.22%

2808 E LE Marche Ave

Phoenix, AZ

N/A beds | N/A baths | 3,650 sq.ft.

$675,000

Airbnb cash on cash: 1.48%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $2372

Traditional Rental Income: $1779

Airbnb ROI: 1.48%

Traditional ROI: 1.47%

2844 E Monte Cristo Ave

Phoenix, AZ

8 beds | N/A baths | 4,412 sq.ft.

$649,000

Airbnb cash on cash: 1.67%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $2424

Traditional Rental Income: $2928

Airbnb ROI: 1.67%