3611 N 5th Avenue, Phoenix, AZ 85013

$3,400,000

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List Price
$3,400,000
Status
ACTIVE
Days on Market
69
MLS#
7030825
Subtype
Multiple Dwellings
Year Built
1961
Subdivision
Park North

Property Description

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.

Additional Information

Taxes
$8,433
Zoning
R-4
Heating
Electric, Varies by Unit
Air Conditioning
Electric, Varies by Unit
Exterior Construction
Block
Pool
Yes
Parking Features
<1 Space Per Unit

Courtesy of Bradley Skenderian with Matthews Real Estate Investment Services.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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