3611 N 5TH Avenue, Phoenix AZ 85013
$3,400,000
Brokerage: Ivy Realty(623) 299-4954
1 / 19Home facts
- Price
- $3,400,000
- Status
- Active
- Beds
- 36
- Baths
- 288
- Year built
- 1961
- Type
- F
- Pool
- Yes
- Water
- Master Meter
- Sewer
- Sewer - Public
- Subdivision
- PARK NORTH
- MLS #
- 7030825
Listed by Matthews Real Estate Investment Services · 310-388-0788
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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.
Features
Roof
Built-Up
Sewer
Sewer - Public
Cooling
Electric, Individual
Heating
Individual, Electric
Electric
Individual Meter
Flooring
Vinyl
WaterSource
Master Meter
ParkingFeatures
<1 Space Per Unit
CommunityFeatures
Barbecue, Pool
ConstructionMaterials
Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 838 W Indianola Avenue | Sep 30, 2026 | $515,000 | 3/2 | 1,343 | Compass |
| 846 W MITCHELL Drive | Sep 29, 2026 | $503,000 | 3/2 | 1,494 | HomeSmart |
| 929 W TURNEY Avenue | Sep 22, 2026 | $670,000 | 4/3 | 1,943 | My Home Group Real Estate |
| 37 W EDGEMONT Avenue | Sep 17, 2026 | $520,000 | 4/2 | 1,863 | Jason Mitchell Real Estate |
| 1 E LEXINGTON Avenue 809 | Sep 10, 2026 | $470,000 | 2/2 | 1,169 | Realty ONE Group |
| 207 W CLARENDON Avenue 14A | Sep 9, 2026 | $329,000 | 1/1 | 852 | Realty ONE Group |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).