For Sale Multi-Family MLS# 7030825

3611 N 5TH Avenue

Phoenix, AZ 85013

$3,400,000

About 3611 N 5TH Avenue

Melrose on 5th is a 12-unit multifamily community located in the highly sought after Melrose District. Originally built in 1961, the asset went through extensive repositioning in 2016 and features a rare mix of (12) 3-bedroom, 2-bathroom floor plans measuring approximately 1,200 square feet each. Unit interiors are all upgraded and feature washer/dryers, fully equipped kitchens with dishwashers and built-in microwaves, stainless steel appliances, faux vinyl wood flooring, and modernized bathrooms. Exterior amenities include gated access entry ways, charcoal barbeque grills, resort-style swimming pool, covered parking, and low maintenance desert landscaping. Great opportunity opportunity to acquire a well-maintained, renovated asset within one of Phoenix's strongest urban infill corridors.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1961
Original price
$3,400,000
MLS #
7030825

Interior

Features
Electric, Individual, Individual, Electric, Vinyl
Flooring
Vinyl
Heating
Individual, Electric
Cooling
Electric, Individual

Exterior & lot

Features
<1 Space Per Unit, Parking spaces: 10
Construction
Block, Built-Up
Roof
Built-Up
Lot
R-4, 11829005D
Parking
<1 Space Per Unit

Schools

District
Osborn Elementary District

Utilities

Utilities
Public Sewer, Master Meter
Water
Master Meter
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$8,433
Tax year
2025
Parcel
11829005D

Location

Subdivision
PARK NORTH
County
Maricopa
Neighborhood
Midtown
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Osborn Elementary District

Location

Neighborhood
Midtown
Subdivision
PARK NORTH
School district
Osborn Elementary District

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Listed by Bradley Skenderian, Matthews Real Estate Investment Services

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.