- $1.2M Price
3601 W Melvin Street
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.
Essential Information
- MLS® #6904880
- Price$1,150,000
- Acres0.00
- Year Built1946
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address3601 W Melvin Street
- SubdivisionWEST PHOENIX ADDITION
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85009
Amenities
- AmenitiesNo Pool
- Parking Spaces13
- Parking>1 Space Per Unit
Interior
- AppliancesBuilt-In Range, Refrigerator
- HeatingElectric
- CoolingEvaporative Cooling
Exterior
- RoofComposition, Rolled/Hot Mop
- ConstructionWood Frame, Stucco, Brick
School Information
- ElementaryAlta E Butler School
- HighCarl Hayden High School
District
Phoenix Union High School District
Additional Information
- ZoningR-3
Listing Details
Office
Matthews Real Estate Investment Services
Price Change History for 3601 W Melvin Street, Phoenix, AZ (MLS® #6904880)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,250,000 to $1,150,000 |
Matthews Real Estate Investment Services.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on September 15th, 2025 at 2:35am MST.