AZ
Maricopa
Phoenix
85009
3601 W MELVIN Street
3601 W MELVIN Street, Phoenix, AZ 85009
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Listing Type
Multi Family
Listing Status
active
11
$1,150,000

Home Details for 3601 W MELVIN Street

Price
$1,150,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1946
County
Maricopa
Garage
Days on site
41
Listing #
6904880
Listing Courtesy: Matthews Real Estate Investment Services - 310-388-0788
Property Description

3601 W Melvin St is an 11-unit multifamily property located in the Estrella submarket of Phoenix, Arizona. Built in 1946, the asset consists of a gated community with a unit mix of (1) 2-bedroom and (10)1-bedroom apartments, averaging 453 square feet per unit and totaling approximately 4,980 square feet of rentable area. Strategically located just minutes from Downtown Phoenix, Sky Harbor Airport, and key employment hubs, this offering benefits from strong rental demand driven by workforce housing needs. With below-market rents, the property offers immediate upside through interior renovations and operational improvements. This asset is an ideal opportunity for investors seeking a low-basis, value-add multifamily opportunity in one of the fastest-growing metropolitan areas of the U.S.

Property Features
  • Cooling Information
    • Evaporative Cooling
  • Heating Information
    • Electric
  • Water Features
    • Public
School Information
School Information for 3601 W MELVIN Street, Phoenix, AZ 85009
Elementary School
Alta E Butler School
Middle School
N/A
High School
Carl Hayden High School
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Last Updated: 2025-09-11 10:00:13
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EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
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480 791 4604
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