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Updated about 6 years ago on . Most recent reply

Keith Singh's profile image
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Keith Singh
  • from New York
  • Member since Sep 12, 2018
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Keith Singh's profile image
Keith Singh's profile image
Keith Singh
  • from New York
  • Member since Sep 12, 2018
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  • Votes 1
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  • Investments 1
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Keith Singh
  • New York
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3
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Local Real Estate Networking

Neighborhoods in AZ good to invest in???

Keith Singh
  • New York
Posted

Does anyone know of B class, and up, neighborhoods in Arizona that have houses less than $150k.

I'm looking to invest here from SFH's to Multiplexes, any help would be appreciated!

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Bob Okenwa's profile image
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Bob Okenwa
  • Real Estate Agent/Investor
  • from Peoria, Arizona
  • Member since Dec 10, 2016
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Bob Okenwa's profile image
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Bob Okenwa
  • Real Estate Agent/Investor
  • from Peoria, Arizona
  • Member since Dec 10, 2016
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Bob Okenwa
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  • Peoria, AZ
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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
Replied

The median home price in AZ is around 250k, depending on the source, and the median home price in Phoenix is around 286k. Would be hard to find a B property for under 150k anywhere in the state, let alone Phoenix. You'd have to look to C-/D neighborhoods to find those kinds of prices for SFRs and MFRs usually run 80k a unit and up and are usually in those same C/D neighborhoods.

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