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.
Sold for $1,000,000
$1,000,000
3601 W MELVIN Street, Phoenix, AZ 85009
12beds
11baths
4,830sqft
Multi Family
Built in 1946
-- sqft lot
$993,500 Zestimate®
$207/sqft
$1,244 Estimated rent
Home value
$993,500
$904,000 - $1.09M
$1,244/mo
Zestimate® history
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$1,244/mo
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$1,244/mo
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$5,700/mo
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Est. payment
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Gated community
Zillow last checked:
Listing updated:
Listed by:
Bradley Skenderian 949-533-5594,
Matthews Real Estate Investment Services
Bought with:
Bradley Skenderian, SA692958000
Matthews Real Estate Investment Services
Source: ARMLS,MLS#: 6904880
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 11
Heating
- Electric
Cooling
- Evaporative Cooling
Appliances
- Included: Built-In Range, Refrigerator
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 4,830
- Total interior livable area: 4,830 sqft
Property
Parking
- Total spaces: 13
- Parking features: >1 Space Per Unit
- Uncovered spaces: 13
Lot
- Size: 0.29 Acres
- Dimensions: 12428
Details
- Parcel number: 10615142
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco, Brick
- Roof: Composition
Condition
- Year built: 1946
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: WEST PHOENIX ADDITION
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $207/sqft
- Annual tax amount: $1,587
- Date on market: 10/12/2025
- Cumulative days on market: 43 days
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Sold | $1,000,000-13%$207/sqft |
Source:  ARMLS #6904880 Report a problem | ||
| 9/24/2025 | Pending sale | $1,150,000$238/sqft |
Source: ARMLS #6904880 Report a problem | ||
| 9/11/2025 | Price change | $1,150,000-8%$238/sqft |
Source: ARMLS #6904880 Report a problem | ||
| 8/12/2025 | Listed for sale | $1,250,000-16.7%$259/sqft |
Source: ARMLS #6904880 Report a problem | ||
| 12/19/2023 | Listing removed | $1,500,000$311/sqft |
Source: ARMLS #6629922 Report a problem | ||
| 11/13/2023 | Listed for sale | $1,500,000+292.2%$311/sqft |
Source: ARMLS #6629922 Report a problem | ||
| 9/14/2016 | Sold | $382,500-6.5%$79/sqft |
Source: ARMLS #5421503 Report a problem | ||
| 7/7/2016 | Price change | $409,000-2.4%$85/sqft |
Source: Kasten Long Commercial Group #5421503 Report a problem | ||
| 4/23/2016 | Price change | $419,000-4.8%$87/sqft |
Source: Kasten Long Commercial Group #5421503 Report a problem | ||
| 4/1/2016 | Listed for sale | $440,000$91/sqft |
Source: Kasten Long Commercial Group #5421503 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Estrella
Nearby homes
- $183,9001 bd1 ba460 sqft3601 W Melvin St APT 10, Phoenix, AZ 85009Off Market
- $--1 bd1 ba415 sqft3601 W Melvin St #36017-1, Phoenix, AZ 85009Off Market
- $--1 bd1 ba480 sqft3601 W Melvin St #36011, Phoenix, AZ 85009Off Market
- $--1 bd1 ba460 sqft3601 W Melvin St #36012-1, Phoenix, AZ 85009Off Market
- $--1 bd1 ba460 sqft3601 W Melvin St #3601UNIT11-1, Phoenix, AZ 85009Off Market
- $--1 bd1 ba413 sqft3601 W Melvin St #36019-1, Phoenix, AZ 85009Off Market
- $--1 bd1 ba460 sqft3601 W Melvin St APT 2, Phoenix, AZ 85009Off Market
- $--1 bd1 ba480 sqft3601 W Melvin St APT 1, Phoenix, AZ 85009Off Market
Nearby schools
GreatSchools rating
- 8/10Moya Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10Morris K. Udall Escuela De Bellas ArtesGrades: 6-8Distance: 1 mi
- 3/10Carl Hayden High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Alta E Butler School
- High: Carl Hayden High School
- District: Isaac Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$993,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$993,500
- Arizona
- Maricopa County
- Phoenix
- 85009
- Estrella
- 3601 W MELVIN Street
Nearby cities
Nearby neighborhoods
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