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● For sale

$3,400,000

3611 N 5TH Avenue, Phoenix, AZ 85013

PARK NORTH · Maricopa County

Built 1961 No HOA

11 days on market

Description

Melrose on 5th is a 12-unit multifamily community located in the highly sought after Melrose District. Originally built in 1961, the asset went through extensive repositioning in 2016 and features a rare mix of (12) 3-bedroom, 2-bathroom floor plans measuring approximately 1,200 square feet each. Unit interiors are all upgraded and feature 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, resort-style swimming pool, covered parking, and low maintenance desert landscaping. Great opportunity opportunity to acquire a well-maintained, renovated asset within one of Phoenix's strongest urban infill corridors.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Appliances

Built-In Range
Refrigerator
Dishwasher
Disposal
Microwave
Washer/Dryer

Heating and Cooling

Cooling Features: Electric, Varies by Unit
Heating Features: Electric, Varies by Unit

Exterior

Land Info

Lot Size Dimensions: .40

Garage and Parking

Attached Garage: No
Parking Features: <1 Space Per Unit

Community

Neighborhood

Subdivision: PARK NORTH

Listing

Other Property Info

Annual Tax Amount: $8,433
Source Listing Status: Active
County: Maricopa
Parcel Number: 118-29-005-D
Zoning: R-4
Postal City: Phoenix
Listing Date: 5/20/2026
MLS#: 7030825

Features

Building and Construction

Year Built: 1961
Property Age: 65
Construction Materials: Block
Roof: Built-Up

Utilities

Water Source: Master Meter

Contact Us

Ask a question or schedule a showing

Listed by Bradley Skenderian Matthews Real Estate Investment Services

Listing updated: May 28, 2026

MLS#: 7030825

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.