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3611 N 5TH Avenue, Phoenix, AZ, 85013
Upgraded 12-Unit Apartment Community

3611 N 5TH Avenue Phoenix, AZ 85013

For Sale
$3,400,000

Twelve upgraded three-bedroom units each include in-unit washer/dryer, modernized bathrooms, and covered parking.

Days on Market57

Property Features for 3611 N 5TH Avenue

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1961
Listing Agency: Matthews Real Estate Investment Services
Listed By: Bradley Skenderian · License #SA692958000
Source: Exitrealty
Added: May 28 Changed: Jul 23 Last Checked: Jul 23 at 4:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services


Investment Insights

Based on property information with market context.

Melrose on 5th is a 12-unit multifamily community originally built in 1961 and repositioned in 2016. The property offers a rare mix of 3-bedroom, 2-bath floor plans, with each unit measuring approximately 1,200 square feet. Unit interiors are upgraded and include 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, a resort-style swimming pool, covered parking, and low-maintenance desert landscaping.

The community is presented as a well-maintained, renovated asset with uniform three-bedroom configurations and upgraded in-unit features.

Key Highlights

  • 12‑unit multifamily property built in 1961, with 2016 repositioning.
  • Unit mix: (12) 3‑bedroom, 2‑bath floor plans, approximately 1,200 SF each.
  • Upgraded interiors with in‑unit washer/dryer and fully equipped kitchens with dishwashers and built‑in microwaves.

Property Analytics

Location Intelligence

Current Use by Public Records

Melrose on 5th Apartments Apartment Complex

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Twelve upgraded three-bedroom units each include in-unit washer/dryer, modernized bathrooms, and covered parking.
Where is this apartment building located?
The property is located at 3611 N 5TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 12‑unit multifamily property built in 1961, with 2016 repositioning.; Unit mix: (12) 3‑bedroom, 2‑bath floor plans, approximately 1,200 SF each.; Upgraded interiors with in‑unit washer/dryer and fully equipped kitchens with dishwashers and built‑in microwaves.
More about this property
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