Central City Multifamily Homes & Duplexes for Sale
About Central City
Central City in Phoenix serves as the cultural heart of the region, blending a mix of dining, housing, and popular attractions. The neighborhood features a variety of living options, including midcentury and Mediterranean-style ranchers, as well as contemporary homes and condominiums. Residents enjoy a vibrant dining scene with notable spots like Sonora Taco Shop and Lo-Lo’s Chicken & Waffles. The area is also home to major event venues such as the Arizona Financial Theatre, The Van Buren, and the historic Orpheum Theatre, which host live music and performances. Sports fans can easily access Chase Field, home to the Arizona Diamondbacks, and the Footprint Center, where the Phoenix Suns play. Central City offers several parks for outdoor activities and is well-connected via Interstate 10 and nearby highways, facilitating easy travel to other parts of Greater Phoenix. The Phoenix Sky Harbor International Airport is conveniently located to the east, enhancing travel options. Along East Buckeye Road, residents find a mix of restaurants, bars, small businesses, and essential services like the United States Postal Service and Circle K. The Phoenix Convention Center hosts a variety of events, including Phoenix Fan Fusion and Franchise Expo West. Civic Space Park, just north of the neighborhood, is known for its modern sculptures and proximity to Arizona State University’s downtown campus. Additionally, the Rosson House Museum at Heritage Square offers a historical perspective with its preserved Victorian home and other artifacts, complemented by the onsite coffee shop, Stemistry.
Home Trends in Central City, AZ
On average, homes in Central City, Phoenix sell after 47 days on the market compared to the national average of 47 days. The average sale price for homes in Central City, Phoenix over the last 12 months is $353,177, up 2% from the average home sale price over the previous 12 months.
Home Trends
In Central City, there are currently 18 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $274,900 to $1,725,000, there's something for every budget. As of April, 2025 the median home price in Central City, Phoenix is $359,900, while the average sale price is $353,177, providing insight into local market trends. On average, multi-family homes spend 47 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Central City, Phoenix.
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