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.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$1,250,000
Days On Site
6 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1946
MLS® Number
6904880
Status
Active
Property Tax
$1,587
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
7 days ago
Listing updated with changes from the MLS®
7 days ago
Listing first seen on site
General Features
Cross Street
35 Ave and Van Buren
Disclosures
None
Parking Spaces
13
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R-3
Interior Features
Appliances
Built-In RangeRefrigerator
Cooling
Evaporative Cooling
Flooring
Ceramic TileVinyl
Heating
Electric
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details
StuccoBrick
Roof
CompositionRolled/Hot Mop
Community Features
Financing Terms Available
Conventional
Roads
Asphalt
School District
Phoenix Union High School District
Township
1N
Schools
School District
Phoenix Union High School District
Elementary School
Alta E Butler School
Middle School
Unknown
High School
Carl Hayden High School
Listing courtesy of Matthews Real Estate Investment Services.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-08-19 06:39 PM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.