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12-Unit Garden-Style Apartment Building
For Sale
$2,220,000

806 W TURNEY Avenue, Phoenix, AZ 85013

Updated apartments include in-unit laundry, individually metered electricity, courtyard landscaping, covered parking, and extra storage.

Property SizeContact for details
Days on Market11

Property Features for 806 W TURNEY Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 10 x 1BR/1BA, 2 x 2BR/2BA
Multifamily Units 12

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $4,390

Amenities

landscaped courtyard
covered parking
storage units
in-unit washer and dryer

Building Details

Year Built 1956
Construction garden-style
Listing Agency: ABI Multifamily
Listed By: Bryce Neagle · License #SA692871000
Source: Jcluxuryresidential
Added: Oct 6 Changed: Oct 10 Last Checked: Oct 15 at 8:02AM

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 ABI Multifamily

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Investment Insights

Based on property information with market context.

Melrose Flats is a 12-unit garden-style apartment property built in 1956 with block construction. The unit mix comprises ten 1-bedroom, 1-bathroom apartments and two 2-bedroom, 2-bathroom apartments. Interiors feature quartz countertops, contemporary cabinetry, stainless-steel appliances, and stained concrete floors. Each apartment has its own washer and dryer, and electricity is individually metered.

Residents have access to a landscaped courtyard, covered on-site parking, and separate storage units. The property is on 7th Avenue in Phoenix’s Melrose District, within walking distance of shopping, dining, and entertainment options.

Key Highlights

  • 12 apartments: ten 1‑bedroom/1‑bathroom units and two 2‑bedroom/2‑bathroom units
  • Built in 1956 with block construction
  • Quartz countertops, modern cabinetry, stainless‑steel appliances, and stained concrete flooring

Property Analytics

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Current Use

Melrose Flats Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service HVAC Service Butcher Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,483
Businesses Nearby

Demographics for 85013, AZ

21,970
Population
11,618
Households
1.9
Avg Household Size
38
Median Age
47%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
5,938
Density / Sq Mi
$68,895
Median Household Income
$53,067
Median Earnings
$1,435
Median Rent
$476,200
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated apartments include in-unit laundry, individually metered electricity, courtyard landscaping, covered parking, and extra storage.
Where is this apartment building located?
The property is located at 806 W TURNEY Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,220,000.
What are key features of this property?
This property features: 12 apartments: ten 1‑bedroom/1‑bathroom units and two 2‑bedroom/2‑bathroom units; Built in 1956 with block construction; Quartz countertops, modern cabinetry, stainless‑steel appliances, and stained concrete flooring
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