Listing Details:
Listing ID: 6904880
Updated: 8/12/2025 4:13pm
| Status | Active/For Sale |
| Days On Market | N/A |
| Taxes | $1,587.00 |
| HOA | $0.00/******** |
| Type | N/A |
| Open Parking | 13 |
| Year Built | 1946 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Matthews Real Estate Investment Services |
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 Location:
Listed By: Matthews Real Estate Investment Services | Bradley Skenderian 949-533-5594
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
