3611 N 5TH Avenue, Phoenix, AZ 85013
3611 N 5TH Avenue, Phoenix, AZ 85013
3611 N 5TH Avenue, Phoenix, AZ 85013
3611 N 5TH Avenue, Phoenix, AZ 85013
3611 N 5TH Avenue, Phoenix, AZ 85013
3611 N 5TH Avenue, Phoenix, AZ 85013
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Morris Young

Morris Young

+1(480) 667-1032
$ 3,400,000
Est. payment | /mo
Save
$ 3,400,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Park North

MLS Listing ID 7030825

Maintenance Fees $1,809

Year Built 1961

Annual Tax Amount $8,433

Tax Year 2025

Lot Dimensions .40

Source Arizona Regional Multiple Listing Service (ARMLS)

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.

Location

State AZ

County Maricopa

Community Park North

Area Maricopa

Zoning R-4

Interior

Heating Individual, Electric

Cooling Electric, Individual

Flooring Vinyl

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features <1 Space Per Unit

Community Features Barbecue, Pool

Roof Type Built-Up

Private Pool Yes

Building

Sewer Public Sewer

Water Master Meter

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 118-29-005-D

Acceptable Financing Conventional, 1031 Exchange

Disclosures None

Listing Terms Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Matthews Real Estate Investment Services • Bradley Skenderian

Nearby Locations

Morris Young

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(480) 667-1032

morris@callofferteam.com

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3611 N 5TH Avenue